Spin Master Corp. (TSE:TOY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Spin Master Corp. (TSE:TOY) have been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$42.13.

A number of research firms recently weighed in on TOY. TD Securities set a C$46.00 target price on Spin Master and gave the stock a “buy” rating in a report on Tuesday, September 24th. Royal Bank of Canada dropped their price objective on shares of Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Cormark lifted their target price on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st.

Spin Master Price Performance

Shares of TSE TOY opened at C$31.75 on Friday. The company has a quick ratio of 2.06, a current ratio of 1.02 and a debt-to-equity ratio of 47.83. The business’s 50 day moving average price is C$32.64 and its two-hundred day moving average price is C$31.42. The company has a market cap of C$1.10 billion, a PE ratio of 55.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. Spin Master has a twelve month low of C$27.52 and a twelve month high of C$36.82.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master’s dividend payout ratio (DPR) is 84.21%.

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.