Spin Master Corp (TSE:TOY) – Cormark reduced their FY2017 earnings per share (EPS) estimates for Spin Master Corp in a research note issued on Wednesday. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $2.16 per share for the year, down from their prior estimate of $2.18. Cormark also issued estimates for Spin Master Corp’s FY2018 earnings at $2.43 EPS.

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A number of other brokerages have also weighed in on TOY. Raymond James Financial, Inc. lifted their target price on shares of Spin Master Corp from C$48.00 to C$52.00 and gave the company an “outperform” rating in a research note on Thursday, August 3rd. TD Securities lifted their target price on shares of Spin Master Corp from C$45.00 to C$54.00 and gave the company an “action list buy” rating in a research note on Wednesday, August 2nd. Jefferies Group LLC lifted their target price on shares of Spin Master Corp from C$39.00 to C$45.00 and gave the company a “hold” rating in a research note on Thursday, August 3rd. Royal Bank of Canada cut their target price on shares of Spin Master Corp from C$47.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 25th. Finally, CIBC lifted their target price on shares of Spin Master Corp from C$44.00 to C$50.00 in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Spin Master Corp currently has an average rating of “Buy” and a consensus target price of C$52.75.

Shares of Spin Master Corp (TOY) opened at C$48.33 on Friday. Spin Master Corp has a twelve month low of C$30.01 and a twelve month high of C$52.05.

In related news, insider Mark Segal sold 9,712 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of C$46.29, for a total transaction of C$449,568.48. Also, Director Benoit Gadbois sold 98,781 shares of the business’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of C$45.11, for a total transaction of C$4,456,010.91. Insiders have sold a total of 313,660 shares of company stock worth $14,302,825 in the last ninety days.

About Spin Master Corp

Spin Master Corp., a childrenÂ’s entertainment company, creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally. It operates through five segments: Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction; Pre-School and Girls; and Outdoor.

Earnings History and Estimates for Spin Master Corp (TSE:TOY)

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