Spin Master Corp. (TSE:TOY - Get Free Report)'s stock price hit a new 52-week low on Wednesday . The stock traded as low as C$21.18 and last traded at C$21.42, with a volume of 800 shares. The stock had previously closed at C$21.70.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on TOY shares. TD Securities dropped their price objective on Spin Master from C$46.00 to C$37.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. Royal Bank of Canada cut their target price on shares of Spin Master from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th. Stifel Nicolaus lowered their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a "buy" rating on the stock in a research report on Wednesday, February 26th. National Bankshares reduced their target price on shares of Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating for the company in a report on Wednesday, February 26th. Finally, Canaccord Genuity Group lowered their price target on Spin Master from C$44.00 to C$35.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$37.75.
Check Out Our Latest Analysis on TOY
Spin Master Trading Up 1.7 %
The company has a current ratio of 1.14, a quick ratio of 2.06 and a debt-to-equity ratio of 39.61. The business has a 50 day moving average price of C$26.62 and a 200-day moving average price of C$30.26. The firm has a market capitalization of C$1.67 billion, a PE ratio of 53.87, a P/E/G ratio of 0.57 and a beta of 1.86.
Spin Master Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, April 11th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend was Friday, March 28th. Spin Master's dividend payout ratio (DPR) is currently 113.60%.
Insider Transactions at Spin Master
In other news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total transaction of C$31,898.15. Corporate insiders own 2.20% of the company's stock.
About Spin Master
(
Get Free Report)
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.
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