Jefferies Group Weighs in on Spin Master Corp’s Q2 2018 Earnings (TOY)
Spin Master Corp (TSE:TOY) – Equities researchers at Jefferies Group lifted their Q2 2018 earnings estimates for Spin Master in a note issued to investors on Thursday. Jefferies Group analyst S. Wissink now anticipates that the company will earn $0.33 per share for the quarter, up from their previous estimate of $0.32. Jefferies Group also issued estimates for Spin Master’s Q3 2018 earnings at $1.58 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $2.36 EPS, Q1 2019 earnings at $0.20 EPS, Q2 2019 earnings at $0.39 EPS, Q3 2019 earnings at $1.77 EPS and FY2019 earnings at $2.74 EPS.
Other equities research analysts also recently issued reports about the stock. CIBC lifted their price target on shares of Spin Master from C$52.00 to C$58.00 in a research report on Thursday, February 22nd. TD Securities lifted their price target on shares of Spin Master from C$55.00 to C$61.00 in a research report on Monday, February 5th. Canaccord Genuity lifted their price target on shares of Spin Master from C$53.00 to C$63.00 in a research report on Tuesday, March 6th. BMO Capital Markets downgraded shares of Spin Master from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Raymond James Financial lifted their price target on shares of Spin Master from C$57.00 to C$65.00 and gave the company an “outperform” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of C$63.00.
About Spin Master
Spin Master Corp., a children'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.
Receive News & Ratings for Spin Master Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spin Master and related companies with MarketBeat.com's FREE daily email newsletter.