Spin Master Corp. (TSE:TOY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Spin Master Corp. (TSE:TOY) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$27.20.

Several equities analysts recently commented on TOY shares. TD boosted their target price on Spin Master from C$26.00 to C$27.00 and gave the stock a “buy” rating in a research report on Friday, July 3rd. Jefferies Financial Group raised their price target on Spin Master from C$23.00 to C$26.00 and gave the company a “buy” rating in a report on Friday, May 1st.

Spin Master Trading Down 0.7%

Shares of Spin Master stock opened at C$22.39 on Friday. Spin Master has a 12-month low of C$17.13 and a 12-month high of C$26.34. The company has a market cap of C$2.25 billion, a price-to-earnings ratio of -14.54, a PEG ratio of 0.57 and a beta of 0.70. The company has a current ratio of 1.10, a quick ratio of 2.06 and a debt-to-equity ratio of 35.23. The company’s 50-day moving average price is C$19.51 and its 200-day moving average price is C$19.15.

Spin Master (TSE:TOY) last posted its earnings results on Thursday, April 30th. The company reported C($0.33) earnings per share for the quarter. Spin Master had a negative return on equity of 12.40% and a negative net margin of 7.69%.The firm had revenue of C$456.71 million for the quarter. On average, equities analysts expect that Spin Master will post 3.1361829 earnings per share for the current fiscal year.

Spin Master Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, July 10th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, June 26th. Spin Master’s dividend payout ratio (DPR) is currently -22.58%.

About Spin Master

Spin Master Corp. (TSX:TOY) is a leading global children’s entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik’s ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.