Spin Master (TOY) to Release Quarterly Earnings on Wednesday

Spin Master (TSE:TOY - Get Free Report) will release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Spin Master to post earnings of C$2.27 per share for the quarter.

Spin Master (TSE:TOY - Get Free Report) last issued its 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). The company had revenue of C$563.71 million during the quarter, compared to analysts' expectations of C$583.31 million. Spin Master had a return on equity of 3.56% and a net margin of 2.37%.

Spin Master Stock Down 4.0 %

Shares of TOY stock opened at C$31.07 on Wednesday. Spin Master has a twelve month low of C$27.52 and a twelve month high of C$37.35. The stock has a market cap of C$1.08 billion, a P/E ratio of 54.51, a P/E/G ratio of 0.57 and a beta of 1.86. The stock has a 50 day moving average of C$31.35 and a 200 day moving average of C$30.71. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83.

Analysts Set New Price Targets

Several research firms have recently weighed in on TOY. Royal Bank of Canada lifted their target price on shares of Spin Master from C$46.00 to C$47.00 in a report on Wednesday, July 24th. TD Securities set a C$46.00 price objective on shares of Spin Master and gave the company a "buy" rating in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$42.29.

Insiders Place Their Bets

In other news, Senior Officer Tara Lise Deakin sold 24,700 shares of Spin Master stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of C$31.87, for a total value of C$787,235.93. In related news, Senior Officer Douglas Wadleigh sold 2,094 shares of the business's stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of C$29.70, for a total transaction of C$62,187.19. Also, Senior Officer Tara Lise Deakin sold 24,700 shares of the firm's stock in a transaction on Friday, August 23rd. The shares were sold at an average price of C$31.87, for a total value of C$787,235.93. Over the last ninety days, insiders sold 33,498 shares of company stock worth $1,063,920. Company 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.