Brokerages Set Spin Master Corp. (TSE:TOY) PT at C$40.86

Shares of Spin Master Corp. (TSE:TOY - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the five research firms that are currently covering the company, Marketbeat.com 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 twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$37.75.

Several research analysts have weighed in on TOY shares. TD Securities lowered their price target on shares of Spin Master from C$46.00 to C$37.00 and set a "buy" rating on the stock in a report on Wednesday. National Bankshares lowered their price target on shares of Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating on the stock in a report on Wednesday. Canaccord Genuity Group lowered their price target 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. Royal Bank of Canada lowered their price target on shares of Spin Master from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a report on Wednesday. Finally, Stifel Nicolaus lowered their price target on shares of Spin Master from C$45.00 to C$40.00 and set a "buy" rating on the stock in a report on Wednesday.

Spin Master Stock Performance

Shares of TOY stock traded up C$0.11 on Wednesday, reaching C$27.41. The stock had a trading volume of 130,494 shares, compared to its average volume of 76,347. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61. The firm's 50-day moving average is C$31.45 and its two-hundred day moving average is C$31.64. The firm has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 64.87, a P/E/G ratio of 0.57 and a beta of 1.86. Spin Master has a 12 month low of C$26.67 and a 12 month high of C$35.44.

Remove Ads

Spin Master Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a dividend of $0.12 per share. The ex-dividend date was Friday, December 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.75%. Spin Master's dividend payout ratio is 113.60%.

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.