Spin Master Corp. (TSE:TOY) Stock Has Average Target Price of C$27.20 According to Analysts

Key Points

• Analysts maintain a Moderate Buy consensus on Spin Master, with six buy ratings and two holds. The average 12-month price target is C$27.20, while TD raised its target to C$27.00 and reiterated a buy rating.
• Spin Master reported quarterly revenue of C$620.03 million and EPS of C$0.11, but posted a negative net margin of 4.01% and negative return on equity of 6.74%.
• The company declared a quarterly dividend of C$0.12, equivalent to C$0.48 annually and a 2.4% yield; the ex-dividend date is September 25 and payment is scheduled for October 9.

Spin Master Corp. (TSE:TOY - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$27.20.

Separately, TD lifted their target price on shares of Spin Master from C$26.00 to C$27.00 and gave the company a "buy" rating in a research note on Friday, July 3rd.

Spin Master Stock Performance

Shares of TOY stock opened at C$19.67 on Friday. The stock has a fifty day moving average of C$20.72 and a 200 day moving average of C$19.61. Spin Master has a 52 week low of C$17.13 and a 52 week high of C$24.13. The firm has a market capitalization of C$1.97 billion, a price-to-earnings ratio of -25.22, a PEG ratio of 0.57 and a beta of 0.73. The company has a quick ratio of 2.06, a current ratio of 1.09 and a debt-to-equity ratio of 30.48.

Spin Master (TSE:TOY - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported C$0.11 earnings per share (EPS) for the quarter. Spin Master had a negative net margin of 4.01% and a negative return on equity of 6.74%. The business had revenue of C$620.03 million for the quarter. As a group, research analysts expect that Spin Master will post 3.1361829 earnings per share for the current year.

Spin Master Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, October 9th will be issued a $0.12 dividend. The ex-dividend date is Friday, September 25th. This represents a $0.48 annualized dividend and a yield of 2.4%. Spin Master's dividend payout ratio (DPR) is -44.16%.

About Spin Master

Spin Master Corp. TSX: TOY is a leading global children's entertainment company, creating exceptional play experiences across its three creative centres: Toys, Entertainment and Digital Games. With worldwide toy distribution, Spin Master is best known for award-winning brands including PAW Patrol ®, Melissa & Doug ®, Bakugan ® and Rubik's ® Cube, and is the global toy licensee for other iconic properties. Through its in-house entertainment studio, the company creates and produces captivating multiplatform content including powerhouse preschool franchise PAW Patrol, along with other original shows, short-form series and feature films.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.