Cormark Issues Pessimistic Estimate for Spin Master Earnings

Spin Master Corp. (TSE:TOY - Free Report) - Analysts at Cormark decreased their FY2026 earnings per share (EPS) estimates for shares of Spin Master in a report issued on Friday, May 2nd. Cormark analyst D. Mcfadgen now anticipates that the company will earn $3.43 per share for the year, down from their previous estimate of $3.48. The consensus estimate for Spin Master's current full-year earnings is $3.14 per share.

TOY has been the topic of several other reports. Jefferies Financial Group decreased their target price on shares of Spin Master from C$37.00 to C$32.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Stifel Nicolaus lowered their price objective on shares of Spin Master from C$40.00 to C$38.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Canaccord Genuity Group downgraded Spin Master from a "buy" rating to a "hold" rating and reduced their target price for the company from C$35.00 to C$26.00 in a report on Friday, May 2nd. TD Securities decreased their price target on Spin Master from C$35.00 to C$32.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Royal Bank of Canada dropped their price objective on Spin Master from C$32.00 to C$31.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$34.13.

Spin Master Price Performance

TOY stock traded up C$1.51 during midday trading on Monday, reaching C$24.01. The company had a trading volume of 145,564 shares, compared to its average volume of 115,449. Spin Master has a 1-year low of C$20.97 and a 1-year high of C$35.44. The stock has a 50 day moving average price of C$24.19 and a 200-day moving average price of C$29.20. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. The company has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 56.82, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86.

Spin Master Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, April 11th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend was Friday, March 28th. Spin Master's payout ratio is 113.60%.

Insider Activity at Spin Master

In related news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of Spin Master stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total transaction of C$31,898.15. 2.20% of the stock is currently owned by company insiders.

About Spin Master

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.