Shares of Spin Master Corp. (TSE:TOY - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$30.07 and traded as high as C$31.71. Spin Master shares last traded at C$31.37, with a volume of 42,382 shares.
Analyst Ratings Changes
Several analysts recently issued reports on TOY shares. Jefferies Financial Group cut their target price on Spin Master from C$40.00 to C$35.00 in a research report on Thursday, May 9th. National Bank Financial cut shares of Spin Master from an "outperfrom under weight" rating to a "sector perform under weight" rating in a research report on Wednesday, May 8th. CIBC dropped their target price on shares of Spin Master from C$41.00 to C$37.00 in a research report on Thursday, May 9th. National Bankshares reduced their price target on shares of Spin Master from C$40.00 to C$35.00 in a report on Thursday, May 9th. Finally, Royal Bank of Canada increased their price objective on shares of Spin Master from C$46.00 to C$47.00 in a report on Wednesday, July 24th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$44.63.
Check Out Our Latest Stock Report on Spin Master
Spin Master Price Performance
The firm has a market cap of C$1.12 billion, a P/E ratio of 55.04, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. The company's 50-day simple moving average is C$30.11 and its 200 day simple moving average is C$31.33. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06.
Spin Master (TSE:TOY - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The company reported C$0.12 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of C$583.31 million. Research analysts anticipate that Spin Master Corp. will post 2.9961832 EPS for the current fiscal year.
Spin Master Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Friday, July 12th were given a dividend of $0.12 per share. The ex-dividend date was Friday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of ∞. This is an increase from Spin Master's previous quarterly dividend of $0.06. Spin Master's payout ratio is currently 84.21%.
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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