Spin Master (TSE:TOY) Price Target Cut to C$40.00 by Analysts at Stifel Nicolaus

Spin Master (TSE:TOY) had its price objective trimmed by Stifel Nicolaus from C$45.00 to C$40.00 in a research report report published on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also commented on the stock. TD Securities decreased their price target on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a report on Wednesday. National Bankshares lowered their price target 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. Royal Bank of Canada dropped their price target on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a research note on Wednesday. Canaccord Genuity Group reduced their price objective on Spin Master from C$44.00 to C$35.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Cormark boosted their target price on Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$37.75.

Spin Master Stock Up 0.4 %

Shares of TSE:TOY opened at C$27.41 on Wednesday. The firm has a fifty day moving average price of C$31.57 and a two-hundred day moving average price of C$31.67. The company has a market cap of C$2.01 billion, a price-to-earnings ratio of 64.87, a PEG ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. Spin Master has a one year low of C$26.67 and a one year high of C$35.44.

Spin Master Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.75%. The ex-dividend date was Friday, December 27th. Spin Master’s dividend payout ratio is presently 113.60%.

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.