National Bankshares Issues Pessimistic Forecast for Spin Master (TSE:TOY) Stock Price

Spin Master (TSE:TOY) had its target price trimmed by National Bankshares from C$35.00 to C$32.00 in a research report report published on Wednesday morning,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

A number of other research analysts have also recently issued reports on TOY. Royal Bank of Canada decreased their target price on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Cormark boosted their price objective on Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Spin Master currently has a consensus rating of “Moderate Buy” and a consensus target price of C$37.75.

Spin Master Price Performance

Shares of TOY stock opened at C$27.41 on Wednesday. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61. Spin Master has a 12-month low of C$26.67 and a 12-month high of C$35.44. The firm has a fifty day moving average of C$31.57 and a 200-day moving average of C$31.67. The firm has a market capitalization of C$2.01 billion, a price-to-earnings ratio of 64.87, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86.

Spin Master Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend 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.