Spin Master Corp. (TSE:TOY - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$32.37 and traded as high as C$33.61. Spin Master shares last traded at C$33.61, with a volume of 15,499 shares.
Analysts Set New Price Targets
Several research firms have weighed in on TOY. Cormark increased their price objective on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. TD Securities set a C$46.00 target price on shares of Spin Master and gave the company a "buy" rating in a research note on Tuesday, September 24th. Finally, Royal Bank of Canada reduced their price target on shares of Spin Master from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$42.13.
Read Our Latest Report on Spin Master
Spin Master Stock Performance
The firm has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 58.96, a PEG ratio of 0.57 and a beta of 1.86. The firm's 50 day simple moving average is C$32.41 and its 200 day simple moving average is C$31.13. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02.
Spin Master Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 10th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Friday, December 27th. Spin Master's payout ratio is presently 84.21%.
About Spin Master
(
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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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