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

Spin Master Corp. (TSE:TOY) has received an average recommendation of “Moderate Buy” from the five brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is C$37.75.

Several equities research analysts recently commented on the stock. Stifel Nicolaus cut their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 26th. Royal Bank of Canada reduced 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 report on Wednesday, February 26th. National Bankshares dropped their target price on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 26th. TD Securities reduced their price target on Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. Finally, Canaccord Genuity Group lowered their price objective on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th.

Insiders Place Their Bets

In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the business’s 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 transaction of C$31,898.15. Insiders own 2.20% of the company’s stock.

Spin Master Stock Performance

Shares of TOY opened at C$24.71 on Friday. The firm has a market cap of C$1.81 billion, a P/E ratio of 58.48, a PEG ratio of 0.57 and a beta of 1.86. Spin Master has a twelve month low of C$24.58 and a twelve month high of C$35.44. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14. The firm’s 50 day moving average price is C$28.64 and its two-hundred day moving average price is C$30.88.

Spin Master Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.94%. Spin Master’s payout ratio is 113.60%.

Spin Master Company Profile

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.