Spin Master Corp. (TSE:TOY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Spin Master Corp. (TSE:TOY) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$27.20.

TOY has been the topic of several analyst reports. TD increased their target price on shares of Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a report on Friday, July 3rd. Jefferies Financial Group upped their price objective on shares of Spin Master from C$23.00 to C$26.00 and gave the company a “buy” rating in a research report on Friday, May 1st.

Spin Master Trading Up 0.2%

TSE:TOY traded up C$0.05 during mid-day trading on Friday, hitting C$21.84. The company had a trading volume of 75,082 shares, compared to its average volume of 188,065. The company has a debt-to-equity ratio of 35.23, a quick ratio of 2.06 and a current ratio of 1.10. Spin Master has a fifty-two week low of C$17.13 and a fifty-two week high of C$26.34. The firm has a market cap of C$2.20 billion, a P/E ratio of -14.18, a P/E/G ratio of 0.57 and a beta of 0.70. The business’s fifty day moving average is C$19.33 and its two-hundred day moving average is C$19.08.

Spin Master (TSE:TOY) last announced its quarterly earnings results on Thursday, April 30th. The company reported C($0.33) EPS for the quarter. Spin Master had a negative net margin of 7.69% and a negative return on equity of 12.40%. The company had revenue of C$456.71 million during the quarter. As a group, research analysts expect that Spin Master will post 3.1361829 earnings per share for the current year.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, July 10th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, June 26th. Spin Master’s payout ratio is -22.58%.

About Spin Master

Spin Master Corp. (TSX:TOY) is a leading global children’s entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik’s ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.