Spin Master Corp. (TSE:TOY) Receives Average Recommendation of "Moderate Buy" from Brokerages

Spin Master Corp. (TSE:TOY - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$42.29.

A number of brokerages have recently commented on TOY. Royal Bank of Canada increased their price target on Spin Master from C$46.00 to C$47.00 in a research note on Wednesday, July 24th. TD Securities set a C$46.00 price target on Spin Master and gave the company a "buy" rating in a research note on Tuesday, September 24th.

Insider Activity

In related news, Director Chi Wah Yuen sold 4,704 shares of the firm'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. In related news, Director Chi Wah Yuen sold 4,704 shares of the firm'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 24,700 shares of the firm's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of C$31.87, for a total transaction of C$787,235.93. Insiders sold a total of 33,498 shares of company stock worth $1,063,920 in the last three months. Company insiders own 2.20% of the company's stock.

Spin Master Price Performance

TSE TOY traded down C$0.41 on Monday, hitting C$32.35. 41,661 shares of the company's stock were exchanged, compared to its average volume of 87,353. The stock has a 50-day moving average of C$31.29 and a 200-day moving average of C$30.75. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$37.35. The stock has a market cap of C$1.12 billion, a price-to-earnings ratio of 56.49, a P/E/G ratio of 0.57 and a beta of 1.86.

Spin Master (TSE:TOY - Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported C$0.12 earnings per share for the quarter, missing the consensus estimate of C$0.15 by C($0.03). Spin Master had a return on equity of 3.56% and a net margin of 2.37%. The business had revenue of C$563.71 million for the quarter, compared to the consensus estimate of C$583.31 million. Analysts expect that Spin Master will post 3.1361829 earnings per share for the current year.

About Spin Master

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.