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

Key Points

• Spin Master has a consensus analyst rating of “Moderate Buy”, with six buy ratings and two hold ratings among eight covering brokerages.
• The average 12-month price target is C$27.20, and recent analyst updates from Jefferies and TD both raised their targets while maintaining buy ratings.
• The stock last traded at C$21.84, after the company reported a quarterly loss and also recently paid a quarterly dividend of C$0.12 per share.

Spin Master Corp. (TSE:TOY - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$27.20.

TOY has been the topic of several research analyst reports. Jefferies Financial Group raised their price objective on shares of Spin Master from C$23.00 to C$26.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. TD raised their price target on shares of Spin Master from C$26.00 to C$27.00 and gave the stock a "buy" rating in a research report on Friday, July 3rd.

Spin Master Trading Up 0.2%

TSE TOY traded up C$0.05 on Friday, hitting C$21.84. 75,082 shares of the company were exchanged, compared to its average volume of 188,065. The company has a debt-to-equity ratio of 35.23, a current ratio of 1.10 and a quick ratio of 2.06. Spin Master has a twelve month low of C$17.13 and a twelve month high of C$26.34. The firm has a market capitalization of C$2.20 billion, a P/E ratio of -14.18, a price-to-earnings-growth ratio of 0.57 and a beta of 0.70. The company's 50 day moving average price is C$19.33 and its 200-day moving average price is C$19.08.

Spin Master (TSE:TOY - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported C($0.33) EPS for the quarter. Spin Master had a negative net margin of 7.69% and a negative return on equity of 12.40%. The firm had revenue of C$456.71 million during the quarter. Analysts predict that Spin Master will post 3.1361829 earnings per share for the current fiscal year.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, July 10th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.48 dividend on an annualized basis and a yield of 2.2%. Spin Master's payout ratio is currently -22.58%.

Spin Master Company Profile

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.

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