Spin Master FY2024 EPS Increased by National Bank Financial

Spin Master Corp. (TSE:TOY) – Analysts at National Bank Financial increased their FY2024 earnings per share (EPS) estimates for Spin Master in a research note issued on Thursday, January 23rd. National Bank Financial analyst A. Shine now forecasts that the company will earn $3.64 per share for the year, up from their prior estimate of $3.59. The consensus estimate for Spin Master’s current full-year earnings is $3.14 per share. National Bank Financial also issued estimates for Spin Master’s FY2025 earnings at $5.08 EPS.

A number of other equities research analysts have also weighed in on the stock. Royal Bank of Canada dropped their price objective on shares of Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Cormark increased their price objective on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$40.86.

Spin Master Stock Performance

Shares of Spin Master stock opened at C$32.20 on Monday. The firm has a market capitalization of C$1.12 billion, a P/E ratio of 56.49, a PEG ratio of 0.57 and a beta of 1.86. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$36.03. 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 company has a 50 day moving average price of C$32.83 and a 200 day moving average price of C$31.68.

Spin Master (TSE:TOY) last released its quarterly earnings results on Wednesday, October 30th. The company reported C$2.18 EPS for the quarter, missing analysts’ consensus estimates of C$2.24 by C($0.06). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. During the same period in the previous year, the firm earned $1.80 earnings per share.

Spin Master Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.48 annualized dividend and a yield of 1.49%. Spin Master’s dividend payout ratio is presently 84.21%.

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.