Spin Master (TSE:TOY) Sets New 52-Week Low at $30.31

Spin Master Corp. (TSE:TOY - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$30.31 and last traded at C$30.47, with a volume of 10777 shares traded. The stock had previously closed at C$30.61.

Wall Street Analyst Weigh In

A number of research firms recently commented on TOY. TD Securities raised Spin Master from a "buy" rating to an "action list buy" rating and lowered their price target for the stock from C$50.00 to C$48.00 in a report on Wednesday, January 24th. CIBC decreased their price objective on Spin Master from C$44.00 to C$41.00 and set an "outperform" rating for the company in a research note on Friday, March 1st. Royal Bank of Canada decreased their price target on Spin Master from C$50.00 to C$46.00 and set an "outperform" rating for the company in a research note on Monday, March 18th. Jefferies Financial Group reduced their price objective on Spin Master from C$41.00 to C$40.00 and set a "hold" rating for the company in a research note on Thursday, February 15th. Finally, Canaccord Genuity Group reduced their price objective on Spin Master from C$52.00 to C$51.00 and set a "buy" rating for the company in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$47.13.

Spin Master Trading Up 0.5 %

The stock has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 2.98 and a beta of 1.87. The company has a debt-to-equity ratio of 4.38, a quick ratio of 2.06 and a current ratio of 2.95. The business has a 50-day moving average of C$33.36 and a 200-day moving average of C$34.07.

Spin Master (TSE:TOY - Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported C$0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.14 by C$0.12. Spin Master had a return on equity of 11.34% and a net margin of 7.95%. The firm had revenue of C$684.30 million during the quarter, compared to analysts' expectations of C$681.03 million. As a group, research analysts forecast that Spin Master Corp. will post 2.9973592 EPS for the current year.

Spin Master Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, April 12th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.78%. The ex-dividend date was Wednesday, March 27th. Spin Master's payout ratio is currently 12.37%.

Insider Activity at Spin Master

In other Spin Master news, Senior Officer Chris Harrs sold 1,453 shares of the firm's stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of C$33.25, for a total transaction of C$48,312.25. 1.59% of the stock is currently owned by company insiders.

Spin Master Company Profile

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.