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Spin Master FY2024 EPS Boosted by National Bank Financial

Spin Master logo with Consumer Cyclical background

Spin Master Corp. (TSE:TOY - Free Report) - Research analysts at National Bank Financial raised their FY2024 earnings per share (EPS) estimates for shares of Spin Master in a report released on Thursday, January 23rd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $3.64 for the year, up from their prior estimate of $3.59. The consensus estimate for Spin Master's current full-year earnings is $3.14 per share. National Bank Financial also issued estimates for Spin Master's FY2025 earnings at $5.08 EPS.

Several other research analysts also recently weighed in on TOY. Cormark boosted their target price on Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st. Royal Bank of Canada dropped their target price on Spin Master from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$40.86.

Read Our Latest Analysis on Spin Master

Spin Master Stock Down 0.7 %

TOY stock traded down C$0.21 on Monday, hitting C$31.68. 14,348 shares of the company's stock were exchanged, compared to its average volume of 44,394. Spin Master has a 12-month low of C$27.52 and a 12-month high of C$36.03. The firm has a 50 day moving average price of C$32.80 and a two-hundred day moving average price of C$31.65. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02. The stock has a market cap of C$1.10 billion, a P/E ratio of 55.58, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86.

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 net margin of 2.37% and a return on equity of 3.56%. During the same period in the previous year, the company earned $1.80 earnings per share.

Spin Master Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, December 27th. This represents a $0.48 annualized dividend and a yield of 1.52%. Spin Master's payout ratio is presently 84.21%.

About Spin Master

(Get Free Report)

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.

Further Reading

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