Spin Master Corp. (TSE:TOY) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Spin Master Corp. (TSE:TOY – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$27.35.

Several brokerages have recently commented on TOY. Canaccord Genuity Group cut their price objective on Spin Master from C$23.00 to C$21.00 and set a “hold” rating for the company in a report on Friday. TD upped their price target on Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research note on Friday, July 3rd. Finally, Stifel Nicolaus boosted their price objective on shares of Spin Master from C$21.00 to C$21.50 and gave the company a “hold” rating in a report on Friday.

Get Our Latest Stock Report on TOY

Spin Master Trading Down 2.4%

TSE TOY traded down C$0.51 during mid-day trading on Friday, reaching C$20.44. 258,970 shares of the stock were exchanged, compared to its average volume of 165,080. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.09 and a quick ratio of 2.06. The stock has a 50 day simple moving average of C$20.35 and a 200-day simple moving average of C$19.69. Spin Master has a one year low of C$17.13 and a one year high of C$24.13. The stock has a market cap of C$2.04 billion, a P/E ratio of -26.21, a P/E/G ratio of 0.57 and a beta of 0.66.

Spin Master (TSE:TOY – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported C$1.47 earnings per share (EPS) for the quarter. Spin Master had a negative net margin of 4.01% and a negative return on equity of 6.74%. The company had revenue of C$1.04 billion for the quarter. On average, analysts anticipate that Spin Master will post 3.14 EPS for the current year.

Spin Master Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, October 9th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, September 25th. This represents a $0.48 dividend on an annualized basis and a yield of 2.3%. Spin Master’s payout ratio is presently -44.16%.

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Spin Master Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Spin Master (TSE:TOY)

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