Spin Master Corp. (TSE:TOY) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Spin Master has a consensus analyst rating of "Moderate Buy" (5 buys, 3 holds) with an average 1‑year target of C$27.22, versus Thursday's share price of C$17.73, implying significant analyst‑implied upside.
• In the most recent quarter the company reported C$0.56 EPS and C$818.8M revenue but posted a negative return on equity (−11.45%) and a negative net margin (−7.22%), signaling profitability pressure despite sales.
• Spin Master declared a quarterly dividend of $0.12 per share (annualized $0.48), a 2.7% yield, with an ex‑dividend date of March 27 and payment on April 10.

Spin Master Corp. (TSE:TOY - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight brokerages that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$27.22.

Several brokerages have commented on TOY. Royal Bank Of Canada decreased their target price on shares of Spin Master from C$27.00 to C$25.00 and set an "outperform" rating for the company in a report on Friday, March 6th. ATB Cormark Capital Markets upped their price target on shares of Spin Master from C$36.00 to C$38.00 and gave the company an "outperform" rating in a research report on Friday, March 6th. Canaccord Genuity Group decreased their price objective on shares of Spin Master from C$22.00 to C$20.00 and set a "hold" rating for the company in a research note on Friday, March 6th. Stifel Nicolaus lifted their price objective on shares of Spin Master from C$20.00 to C$21.00 and gave the stock a "hold" rating in a research report on Friday, March 6th. Finally, National Bank Financial cut their target price on shares of Spin Master from C$27.00 to C$25.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 13th.

Spin Master Trading Down 0.3%

Shares of TSE TOY opened at C$17.73 on Thursday. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 37.50. Spin Master has a 12 month low of C$17.13 and a 12 month high of C$26.34. The company has a market cap of C$1.78 billion, a price-to-earnings ratio of -12.14, a P/E/G ratio of 0.57 and a beta of 0.75. The business has a fifty day simple moving average of C$18.89 and a 200-day simple moving average of C$19.62.

Spin Master (TSE:TOY - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported C$0.56 earnings per share for the quarter. Spin Master had a negative return on equity of 11.45% and a negative net margin of 7.22%.The firm had revenue of C$818.82 million for the quarter. Sell-side analysts predict that Spin Master will post 3.1361829 EPS for the current year.

Spin Master Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, April 10th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, March 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.7%. Spin Master's payout ratio is currently -23.66%.

About Spin Master

Spin Master is a children's entertainment company operating in the roughly $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, boys, preschool and girls, and activities games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Cardinal Games.

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