Shares of Spin Master Corp. (TSE:TOY - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$31.32 and traded as low as C$30.37. Spin Master shares last traded at C$30.79, with a volume of 59,766 shares.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on TOY. Royal Bank of Canada reduced their target price on Spin Master from C$46.00 to C$43.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Cormark lifted their target price on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. Finally, TD Securities set a C$46.00 target price on Spin Master and gave the stock a "buy" rating in a report on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, Spin Master has an average rating of "Moderate Buy" and an average price target of C$42.13.
Get Our Latest Research Report on Spin Master
Spin Master Price Performance
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's 50 day moving average is C$31.30 and its two-hundred day moving average is C$30.48. The stock has a market capitalization of C$1.08 billion, a PE ratio of 54.02, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86.
Spin Master Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Friday, December 27th. Spin Master's dividend payout ratio (DPR) is 84.21%.
Insider Transactions at Spin Master
In related news, Director Chi Wah Yuen sold 4,704 shares of Spin Master stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total value of C$147,963.85. In other news, Director Chi Wah Yuen sold 4,704 shares of the company's stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total value of C$147,963.85. Also, Senior Officer Tara Lise Deakin sold 2,000 shares of Spin Master stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$33.27, for a total transaction of C$66,532.60. Insiders sold 33,598 shares of company stock worth $1,066,982 in the last 90 days. Insiders own 2.20% of the company's stock.
Spin Master Company Profile
(
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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.
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