Stifel Nicolaus Issues Positive Forecast for Spin Master (TSE:TOY) Stock Price

Spin Master (TSE:TOY) had its price target increased by stock analysts at Stifel Nicolaus from C$21.00 to C$21.50 in a research note issued to investors on Friday, BayStreet reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus‘s price target suggests a potential upside of 6.12% from the stock’s previous close.

Separately, TD lifted their price target on shares of Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research report on Friday, July 3rd. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Spin Master presently has a consensus rating of “Moderate Buy” and an average target price of C$27.35.

Spin Master Trading Down 3.3%

Shares of TOY stock traded down C$0.69 on Friday, reaching C$20.26. 223,403 shares of the stock were exchanged, compared to its average volume of 164,910. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.09 and a quick ratio of 2.06. Spin Master has a one year low of C$17.13 and a one year high of C$24.13. The stock has a market cap of C$2.03 billion, a PE ratio of -25.97, a P/E/G ratio of 0.57 and a beta of 0.66. The stock has a 50 day moving average price of C$20.35 and a 200 day moving average price of C$19.69.

Spin Master (TSE:TOY) last issued its quarterly earnings results on Thursday, October 29th. The company reported C$1.47 EPS for the quarter. The company had revenue of C$1.04 billion during the quarter. Spin Master had a negative net margin of 4.01% and a negative return on equity of 6.74%. Equities research analysts forecast that Spin Master will post 3.14 EPS for the current fiscal year.

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.