Spin Master Corp. (TSE:TOY) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Spin Master Corp. (TSE:TOY - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$42.13.

A number of brokerages recently issued reports on TOY. TD Securities set a C$46.00 price objective on Spin Master and gave the company a "buy" rating in a research note on Tuesday, September 24th. Cormark boosted their price objective on shares of Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. Finally, Royal Bank of Canada cut their price target on shares of Spin Master from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a report on Friday, November 1st.

Spin Master Stock Performance

TOY traded down C$0.15 during midday trading on Friday, hitting C$33.62. 56,315 shares of the company traded hands, compared to its average volume of 36,533. The company has a quick ratio of 2.06, a current ratio of 1.02 and a debt-to-equity ratio of 47.83. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$36.82. The firm has a market capitalization of C$1.17 billion, a PE ratio of 58.98, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company's 50-day moving average is C$32.61 and its 200 day moving average is C$31.33.

Spin Master Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, January 10th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Friday, December 27th. Spin Master's payout ratio is 84.21%.

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.