Jennifer Susan Dodge Sells 1,259 Shares of Spin Master Corp. (TSE:TOY) Stock

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total value of C$31,898.15.

Spin Master Stock Up 1.1 %

TSE TOY traded up C$0.27 during trading on Monday, reaching C$25.67. The company’s stock had a trading volume of 70,839 shares, compared to its average volume of 84,958. The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. The stock has a market capitalization of C$1.88 billion, a PE ratio of 60.75, a PEG ratio of 0.57 and a beta of 1.86. Spin Master Corp. has a 1-year low of C$25.00 and a 1-year high of C$35.44. The business has a 50-day moving average price of C$29.24 and a 200-day moving average price of C$31.10.

Spin Master Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.87%. The ex-dividend date is Friday, March 28th. Spin Master’s payout ratio is 113.60%.

Analysts Set New Price Targets

Several analysts recently issued reports on TOY shares. TD Securities cut their price target on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. National Bankshares reduced their price target on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 26th. Canaccord Genuity Group decreased their price target on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. Royal Bank of Canada cut their price objective on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Finally, Stifel Nicolaus dropped their target price on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Spin Master currently has an average rating of “Moderate Buy” and a consensus price target of C$37.75.

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.