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

Spin Master Corp. (TSE:TOY) has received an average rating of “Moderate Buy” from the eight research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$27.20.

Separately, TD lifted their price target on Spin Master from C$26.00 to C$27.00 and gave the company a “buy” rating in a research note on Friday, July 3rd.

Spin Master Stock Performance

Shares of Spin Master stock opened at C$20.70 on Friday. Spin Master has a 1-year low of C$17.13 and a 1-year high of C$24.13. The company has a 50 day moving average of C$20.48 and a 200-day moving average of C$19.66. The company has a current ratio of 1.09, a quick ratio of 2.06 and a debt-to-equity ratio of 30.48. The company has a market cap of C$2.07 billion, a PE ratio of -26.54, a price-to-earnings-growth ratio of 0.57 and a beta of 0.73.

Spin Master (TSE:TOY) last released its quarterly earnings data on Thursday, July 30th. The company reported C$0.11 earnings per share for the quarter. The business had revenue of C$620.03 million for the quarter. Spin Master had a negative return on equity of 6.74% and a negative net margin of 4.01%. As a group, equities research analysts forecast that Spin Master will post 3.1361829 earnings per share for the current fiscal year.

Spin Master Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, October 9th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, September 25th. Spin Master’s dividend payout ratio is presently -44.16%.

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.