Spin Master Corp. (TSE:TOY) Receives Average Rating of “Moderate Buy” from Analysts

Spin Master Corp. (TSE:TOY) has earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$42.13.

Several research firms recently commented on TOY. TD Securities set a C$46.00 price objective on shares of Spin Master and gave the company a “buy” rating in a research report on Tuesday, September 24th. Cormark upped their price objective on Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. Finally, Royal Bank of Canada cut their target price on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st.

Spin Master Price Performance

Shares of TOY opened at C$31.75 on Friday. The stock has a 50 day simple moving average of C$32.64 and a 200 day simple moving average of C$31.42. Spin Master has a 52-week low of C$27.52 and a 52-week high of C$36.82. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02. The firm has a market capitalization of C$1.10 billion, a PE ratio of 55.70, a P/E/G ratio of 0.57 and a beta of 1.86.

Spin Master Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date was Friday, December 27th. Spin Master’s dividend payout ratio is currently 84.21%.

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.