Spin Master Corp. (TSE:TOY - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$27.44 and last traded at C$27.57, with a volume of 80806 shares traded. The stock had previously closed at C$31.29.
Wall Street Analysts Forecast Growth
TOY has been the subject of a number of research reports. Cormark lifted their price target on Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. Canaccord Genuity Group lowered their price target on Spin Master from C$44.00 to C$35.00 and set a "buy" rating for the company in a research report on Wednesday. Stifel Nicolaus lowered their price target on Spin Master from C$45.00 to C$40.00 and set a "buy" rating for the company in a research report on Wednesday. Royal Bank of Canada lowered their price target on Spin Master from C$43.00 to C$41.00 and set an "outperform" rating for the company in a research report on Wednesday. Finally, TD Securities lowered their price target on Spin Master from C$46.00 to C$37.00 and set a "buy" rating for the company in a research report on Wednesday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$37.75.
Check Out Our Latest Report on TOY
Spin Master Trading Up 0.4 %
The firm has a market cap of C$2.01 billion, a price-to-earnings ratio of 64.87, a PEG ratio of 0.57 and a beta of 1.86. The company has a fifty day moving average price of C$31.57 and a 200-day moving average price of C$31.67. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61.
Spin Master Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were paid a $0.12 dividend. 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 presently 113.60%.
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.
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