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

Shares of Spin Master Corp. (TSE:TOY) have earned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$40.86.

A number of equities analysts have weighed in on the stock. Cormark boosted their target price on shares of Spin Master from C$42.00 to C$45.00 in a research note on Friday, November 1st. Royal Bank of Canada reduced their price objective on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a report on Friday, November 1st.

Spin Master Price Performance

Shares of TOY stock opened at C$30.23 on Wednesday. The stock’s fifty day moving average is C$32.76 and its 200-day moving average is C$31.77. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02. Spin Master has a 52 week low of C$27.52 and a 52 week high of C$35.80. The stock has a market capitalization of C$1.05 billion, a PE ratio of 53.04, a PEG ratio of 0.57 and a beta of 1.86.

Spin Master Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master’s dividend payout ratio (DPR) is currently 84.21%.

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.