Spin Master Q4 EPS Boosted by National Bank Financial

Spin Master Corp. (TSE:TOY - Free Report) - Research analysts at National Bank Financial increased their Q4 2024 earnings per share estimates for shares of Spin Master in a report released on Wednesday, October 30th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $1.50 for the quarter, up from their prior forecast of $1.46. The consensus estimate for Spin Master's current full-year earnings is $3.14 per share.

A number of other brokerages have also recently commented on TOY. 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. Cormark raised their price objective on Spin Master from C$42.00 to C$45.00 in a research note on Friday. Finally, Royal Bank of Canada cut their price objective on Spin Master from C$46.00 to C$43.00 and set an "outperform" rating for the company in a research note on Friday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Spin Master has a consensus rating of "Moderate Buy" and a consensus price target of C$42.13.

Spin Master Stock Performance

TOY traded up C$1.27 during trading on Friday, hitting C$30.74. The company's stock had a trading volume of 138,901 shares, compared to its average volume of 88,395. Spin Master has a one year low of C$27.52 and a one year high of C$36.82. The business's 50 day simple moving average is C$31.49 and its 200-day simple moving average is C$30.58. The company has a quick ratio of 2.06, a current ratio of 1.02 and a debt-to-equity ratio of 47.83. The firm has a market cap of C$1.07 billion, a PE ratio of 53.93, a P/E/G ratio of 0.57 and a beta of 1.86.

Spin Master (TSE:TOY - Get Free Report) last announced its earnings results on Tuesday, July 30th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.15 by C($0.03). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. The business had revenue of C$563.71 million for the quarter, compared to the consensus estimate of C$583.31 million.

Spin Master Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.56%. The ex-dividend date is Friday, December 27th. Spin Master's dividend payout ratio (DPR) is presently 84.21%.

Insider Buying and Selling

In related news, Senior Officer Douglas Wadleigh sold 2,094 shares of the company's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total transaction of C$62,187.19. In other news, Senior Officer Tara Lise Deakin sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$33.27, for a total transaction of C$66,532.60. Also, Senior Officer Douglas Wadleigh sold 2,094 shares of the company's stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total transaction of C$62,187.19. In the last three months, insiders have sold 33,498 shares of company stock valued at $1,063,920. Corporate 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.