Spin Master Corp. (TSE:TOY) Receives C$40.86 Consensus PT from Brokerages

Shares of Spin Master Corp. (TSE:TOY) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$37.75.

A number of research firms have recently commented on TOY. TD Securities dropped their target price on Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a research report on Wednesday. National Bankshares dropped their target price on 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. Cormark raised their price target on shares of Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st. Canaccord Genuity Group decreased their price target on shares of Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Stifel Nicolaus decreased their price target on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research note on Wednesday.

Spin Master Price Performance

TSE:TOY opened at C$27.41 on Wednesday. Spin Master has a 52 week low of C$26.67 and a 52 week high of C$35.44. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61. The stock has a market capitalization of C$2.01 billion, a PE ratio of 64.87, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The stock’s 50-day moving average price is C$31.57 and its 200-day moving average price is C$31.67.

Spin Master Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Friday, December 27th. Spin Master’s dividend payout ratio (DPR) is 113.60%.

About Spin Master

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.