Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge Sells 1,259 Shares

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total value of C$31,898.15.

Spin Master Stock Up 0.5 %

TOY stock opened at C$25.75 on Thursday. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. The firm has a 50-day moving average of C$28.90 and a two-hundred day moving average of C$30.97. Spin Master Corp. has a 12 month low of C$25.00 and a 12 month high of C$35.44. The company has a market cap of C$1.89 billion, a price-to-earnings ratio of 60.94, a PEG ratio of 0.57 and a beta of 1.86.

Spin Master Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.48 annualized dividend and a dividend yield of 1.86%. Spin Master’s dividend payout ratio is presently 113.60%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TOY. Canaccord Genuity Group decreased their target price on Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. TD Securities decreased their price objective on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. National Bankshares cut their target price on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating for the company in a research note on Wednesday, February 26th. Stifel Nicolaus decreased their price target on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Finally, Royal Bank of Canada cut their price objective on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$37.75.

About Spin Master

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.