Spin Master Corp. (TSE:TOY - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$22.39 and last traded at C$22.49, with a volume of 72756 shares. The stock had previously closed at C$24.75.
Wall Street Analyst Weigh In
TOY has been the topic of several research analyst reports. National Bankshares decreased their target price on shares of Spin Master from C$35.00 to C$32.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 26th. Stifel Nicolaus decreased 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 report on Wednesday, February 26th. TD Securities dropped their target price on shares of Spin Master from C$46.00 to C$37.00 and set a "buy" rating for the company in a report on Wednesday, February 26th. Canaccord Genuity Group decreased their price target on Spin Master from C$44.00 to C$35.00 and set a "buy" rating on the stock in a research note on Wednesday, February 26th. Finally, Royal Bank of Canada lowered their price target on 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. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$37.75.
Read Our Latest Research Report on Spin Master
Spin Master Trading Down 2.2 %
The business has a 50-day moving average of C$27.67 and a 200 day moving average of C$30.59. The stock has a market cap of C$1.62 billion, a PE ratio of 52.30, a PEG ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 39.61, a quick ratio of 2.06 and a current ratio of 1.14.
Spin Master Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, March 28th. Spin Master's dividend payout ratio is presently 113.60%.
Insider Buying and Selling
In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of Spin Master stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total value of C$31,898.15. 2.20% of the stock is owned by company insiders.
About Spin Master
(
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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.
Further Reading
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