Spin Master Corp. (TSE:TOY) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Spin Master Corp. (TSE:TOY - Get Free Report) have been given an average rating of "Moderate Buy" by the six analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$37.38.

Several equities research analysts have weighed in on TOY shares. Jefferies Financial Group cut their price target on Spin Master from C$37.00 to C$32.00 and set a "buy" rating on the stock in a report on Thursday. Canaccord Genuity Group decreased their price target on shares of Spin Master from C$44.00 to C$35.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. TD Securities dropped their price objective on shares of Spin Master from C$46.00 to C$37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. Stifel Nicolaus decreased their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a "buy" rating for the company in a research report on Wednesday, February 26th. Finally, Royal Bank of Canada dropped their target price on Spin Master from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th.

Spin Master Stock Up 1.3 %

TOY stock traded up C$0.28 during midday trading on Thursday, hitting C$22.15. The company's stock had a trading volume of 302,919 shares, compared to its average volume of 106,470. Spin Master has a 52-week low of C$20.97 and a 52-week high of C$35.44. The firm has a 50-day simple moving average of C$25.77 and a 200-day simple moving average of C$29.94. 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 has a market capitalization of C$1.62 billion, a P/E ratio of 52.42, a PEG ratio of 0.57 and a beta of 1.86.

Spin Master Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, April 11th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend was Friday, March 28th. Spin Master's payout ratio is currently 113.60%.

Insider Transactions at Spin Master

In related news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of Spin Master stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total value of C$31,898.15. Insiders own 2.20% of the company's stock.

Spin Master Company Profile

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.