Spin Master Corp. (TSE:TOY) Receives C$27.20 Average Price Target from Analysts

Shares of Spin Master Corp. (TSE:TOY) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$27.20.

Separately, TD upped their price objective on shares of Spin Master from C$26.00 to C$27.00 and gave the company a “buy” rating in a report on Friday, July 3rd.

Spin Master Stock Performance

Shares of TOY opened at C$19.80 on Monday. The firm has a market cap of C$1.98 billion, a PE ratio of -25.38, a PEG ratio of 0.57 and a beta of 0.73. The stock’s fifty day moving average price is C$21.12 and its two-hundred day moving average price is C$19.55. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.09 and a quick ratio of 2.06. Spin Master has a 1 year low of C$17.13 and a 1 year high of C$24.13.

Spin Master (TSE:TOY) last posted its quarterly earnings results on Thursday, July 30th. The company reported C$0.11 earnings per share for the quarter. Spin Master had a negative return on equity of 6.74% and a negative net margin of 4.01%.The company had revenue of C$620.03 million during the quarter. On average, equities research analysts forecast that Spin Master will post 3.1361829 EPS for the current year.

Spin Master Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, July 10th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.48 annualized dividend and a dividend yield of 2.4%. Spin Master’s payout ratio is -44.16%.

Spin Master Company Profile

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.