Spin Master (TOY) Set to Announce Earnings on Tuesday

Spin Master (TSE:TOY) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Spin Master to post earnings of C$0.05 per share for the quarter.

Spin Master (TSE:TOY) last released its earnings results on Wednesday, February 28th. The company reported C$0.26 EPS for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.12. The company had revenue of C$684.30 million for the quarter, compared to analysts’ expectations of C$681.03 million. Spin Master had a return on equity of 11.34% and a net margin of 7.95%.

Spin Master Trading Down 0.7 %

TSE TOY opened at C$30.50 on Friday. The stock has a market capitalization of C$1.07 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 2.98 and a beta of 1.87. Spin Master has a one year low of C$29.79 and a one year high of C$39.55. The company has a debt-to-equity ratio of 4.38, a current ratio of 2.95 and a quick ratio of 2.06. The business’s fifty day moving average is C$32.68 and its 200-day moving average is C$33.78.

Spin Master Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, April 12th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Wednesday, March 27th. Spin Master’s payout ratio is 12.37%.

Insider Transactions at Spin Master

In other news, Senior Officer Chris Harrs sold 1,453 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of C$33.25, for a total transaction of C$48,312.25. 1.59% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TOY. Canaccord Genuity Group lowered their price objective on Spin Master from C$52.00 to C$51.00 and set a “buy” rating on the stock in a research note on Tuesday, January 23rd. Jefferies Financial Group reduced their target price on Spin Master from C$41.00 to C$40.00 and set a “hold” rating for the company in a report on Thursday, February 15th. CIBC reduced their target price on Spin Master from C$44.00 to C$41.00 and set an “outperform” rating for the company in a report on Friday, March 1st. Royal Bank of Canada reduced their target price on Spin Master from C$50.00 to C$46.00 and set an “outperform” rating for the company in a report on Monday, March 18th. Finally, National Bankshares reduced their target price on Spin Master from C$42.00 to C$40.00 and set an “outperform” rating for the company in a report on Friday, March 1st. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$47.13.

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.