Spin Master Corp. (TSE:TOY - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$24.03 and traded as low as C$23.80. Spin Master shares last traded at C$24.50, with a volume of 231,013 shares changing hands.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. National Bankshares upgraded Spin Master from a "sector perform" rating to an "outperform" rating and upped their price objective for the company from C$26.00 to C$29.00 in a report on Thursday, May 8th. Stifel Nicolaus decreased their price objective on Spin Master from C$40.00 to C$38.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. CIBC set a C$28.00 price objective on Spin Master and gave the company a "neutral" rating in a report on Tuesday, June 3rd. TD Securities decreased their price objective on Spin Master from C$35.00 to C$32.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, National Bank Financial upgraded Spin Master from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 7th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$32.63.
Get Our Latest Report on Spin Master
Spin Master Trading Down 2.0%
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 company has a market cap of C$1.80 billion, a PE ratio of 57.98, a P/E/G ratio of 0.57 and a beta of 1.86. The company has a fifty day simple moving average of C$24.11 and a two-hundred day simple moving average of C$26.49.
Spin Master Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend was Friday, June 27th. Spin Master's dividend payout ratio is currently 113.60%.
Spin Master Company Profile
(
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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.
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