Spin Master (TSE:TOY) Stock Gets Price Target Cut from Canaccord Genuity Group

Spin Master (TSE:TOY) had its price objective trimmed by Canaccord Genuity Group from C$23.00 to C$21.00 in a report published on Friday,BayStreet reports. The brokerage currently has a hold rating on the stock.

Several other equities research analysts have also recently weighed in on the company. Stifel Nicolaus boosted their target price on Spin Master from C$21.00 to C$21.50 and gave the stock a “hold” rating in a research note on Friday. TD increased their price target on Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Friday, July 3rd. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$26.19.

Spin Master Price Performance

TOY opened at C$20.44 on Friday. The stock has a 50-day moving average price of C$20.35 and a 200-day moving average price of C$19.69. The stock has a market capitalization of C$2.03 billion, a P/E ratio of -26.21, a PEG ratio of 0.57 and a beta of 0.66. The company has a current ratio of 1.17, a quick ratio of 2.06 and a debt-to-equity ratio of 28.03. Spin Master has a 12-month low of C$17.13 and a 12-month high of C$24.13.

Spin Master (TSE:TOY) last released its quarterly earnings results on Thursday, October 29th. The company reported C$1.47 earnings per share for the quarter. The firm had revenue of C$1.04 billion for the quarter. Spin Master had a negative return on equity of 9.16% and a negative net margin of 5.25%. Equities analysts predict that Spin Master will post 3.14 earnings per share for the current fiscal year.

Spin Master Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, October 9th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, September 25th. Spin Master’s dividend payout ratio (DPR) is currently -44.16%.

Key Headlines Impacting Spin Master

Here are the key news stories impacting Spin Master this week:

• Positive Sentiment: Core brands provided support. PAW Patrol helped drive third-quarter performance, while Spin Master said its core brands continued to gain ground. PAW Patrol Powers Spin Master Q3 as Core Brands Gain Ground
• Positive Sentiment: Management reiterated its 2026 full-year outlook. Maintaining guidance may reassure investors that the quarterly softness is not expected to derail the company’s annual targets. Spin Master Reports Q3 2026 Financial Results and Reiterates 2026 Full Year Outlook
• Neutral Sentiment: Analyst views remain cautious but imply limited upside. Canaccord Genuity lowered its price target to C$21.00 from C$23.00 and maintained a “hold” rating, while Stifel raised its target to C$21.50 from C$21.00 and also kept a “hold” rating. The mixed revisions suggest limited near-term conviction.
• Neutral Sentiment: Spin Master appointed Kate Rouch to its board of directors. The leadership addition may strengthen the board’s expertise, but it is not expected to materially change near-term earnings. Spin Master Announces Appointment of Kate Rouch to Board of Directors
• Negative Sentiment: Third-quarter revenue and adjusted net income declined year over year. Spin Master reported C$1.04 billion in revenue and C$1.47 in quarterly EPS, while coverage highlighted lower adjusted net income and slipping revenue. The company also reported a negative net margin, increasing concerns about profitability. Spin Master Posts Lower Q3 Adjusted Net Income YoY
• Negative Sentiment: Tariffs and higher costs could pressure holiday-season margins. Spin Master plans to keep toy prices steady despite rising costs, potentially limiting its ability to pass inflation and tariff expenses on to consumers. Spin Master Holds Toy Prices Steady Ahead of Holidays Despite Tariffs and Rising Costs

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.