Spin Master Corp. (TSE:TOY) Receives C$40.86 Consensus Price Target from Brokerages

Spin Master Corp. (TSE:TOY - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the five analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$40.86.

Several research firms have recently weighed in on TOY. Royal Bank of Canada decreased their price target on Spin Master from C$46.00 to C$43.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Cormark upped their target price on shares of Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st.

Spin Master Stock Down 3.6 %

Spin Master stock traded down C$1.16 during mid-day trading on Wednesday, hitting C$30.77. The company had a trading volume of 81,196 shares, compared to its average volume of 46,673. Spin Master has a 12 month low of C$27.52 and a 12 month high of C$35.80. The company has a market capitalization of C$1.07 billion, a PE ratio of 53.98, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The stock's 50 day moving average price is C$32.83 and its two-hundred day moving average price is C$31.76. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83.

Spin Master (TSE:TOY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported C$2.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$2.24 by C($0.06). Spin Master had a return on equity of 3.56% and a net margin of 2.37%. During the same quarter in the prior year, the firm posted $1.80 earnings per share. As a group, sell-side analysts anticipate that Spin Master will post 3.1361829 earnings per share for the current fiscal year.

Spin Master Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master's payout ratio is currently 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.