Spin Master (TSE:TOY - Free Report) had its price target lowered by Royal Bank of Canada from C$47.00 to C$46.00 in a research report report published on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.
Separately, TD Securities set a C$46.00 price objective on Spin Master and gave the company a "buy" rating in a research note on Tuesday, September 24th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of C$42.14.
Read Our Latest Report on TOY
Spin Master Stock Down 0.2 %
Shares of TOY stock traded down C$0.06 during mid-day trading on Wednesday, hitting C$31.01. 60,151 shares of the stock traded hands, compared to its average volume of 87,133. Spin Master has a 52-week low of C$27.52 and a 52-week high of C$37.35. The stock's fifty day moving average is C$31.35 and its two-hundred day moving average is C$30.71. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06. The stock has a market cap of C$1.08 billion, a P/E ratio of 53.68, a P/E/G ratio of 0.57 and a beta of 1.86.
Spin Master (TSE:TOY - Get Free Report) last issued its quarterly 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). The business had revenue of C$563.71 million during the quarter, compared to analyst estimates of C$583.31 million. Spin Master had a return on equity of 3.56% and a net margin of 2.37%. Equities analysts predict that Spin Master will post 3.1361829 EPS for the current year.
Insider Activity
In related news, Senior Officer Douglas Wadleigh sold 2,094 shares of the business's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total value of C$62,187.19. In other news, Senior Officer Tara Lise Deakin sold 24,700 shares of the 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. Also, Senior Officer Douglas Wadleigh sold 2,094 shares of the business's stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of C$29.70, for a total transaction of C$62,187.19. Insiders have sold 33,498 shares of company stock worth $1,063,920 in the last quarter. Corporate insiders own 2.20% of the company's stock.
About Spin Master
(
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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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