Spin Master (TOY) Scheduled to Post Quarterly Earnings on Tuesday

Spin Master (TSE:TOY) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$0.05 per share for the quarter.

Spin Master (TSE:TOY) last released its quarterly earnings data on Wednesday, February 28th. The company reported C$0.26 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.14 by C$0.12. The firm had revenue of C$684.30 million during the quarter, compared to analyst estimates of C$681.03 million. Spin Master had a return on equity of 11.34% and a net margin of 7.95%.

Spin Master Stock Performance

TSE:TOY opened at C$30.50 on Monday. The firm has a market cap of C$1.07 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 2.98 and a beta of 1.87. Spin Master has a fifty-two week low of C$29.79 and a fifty-two week high of C$39.55. The company has a debt-to-equity ratio of 4.38, a quick ratio of 2.06 and a current ratio of 2.95. The business has a 50 day moving average price of C$32.68 and a 200-day moving average price of C$33.76.

Spin Master Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, April 12th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date was Wednesday, March 27th. Spin Master’s dividend payout ratio (DPR) is presently 12.37%.

Insider Buying and Selling at Spin Master

In other news, Senior Officer Chris Harrs sold 1,453 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of C$33.25, for a total transaction of C$48,312.25. Insiders own 1.59% of the company’s stock.

Analyst Upgrades and Downgrades

TOY has been the subject of a number of research analyst reports. Royal Bank of Canada dropped their price target on Spin Master from C$50.00 to C$46.00 and set an “outperform” rating for the company in a research note on Monday, March 18th. TD Securities raised Spin Master from a “buy” rating to an “action list buy” rating and dropped their price target for the stock from C$50.00 to C$48.00 in a research note on Wednesday, January 24th. Canaccord Genuity Group dropped their price target on Spin Master from C$52.00 to C$51.00 and set a “buy” rating for the company in a research note on Tuesday, January 23rd. CIBC dropped their price target on Spin Master from C$44.00 to C$41.00 and set an “outperform” rating for the company in a research note on Friday, March 1st. Finally, Jefferies Financial Group dropped their price target on Spin Master from C$41.00 to C$40.00 and set a “hold” rating for the company in a research note on Thursday, February 15th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$47.13.

Spin Master Company Profile

Spin Master Corp., a children's entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment's product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.