Spin Master Corp. (TSE:TOY) Given Average Recommendation of “Moderate Buy” by Analysts

Spin Master Corp. (TSE:TOY) has been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$42.13.

Several equities analysts have recently issued reports on TOY shares. Cormark boosted their price target on shares of Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st. Royal Bank of Canada decreased their price target on shares of Spin Master from C$46.00 to C$43.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, TD Securities set a C$46.00 price target on shares of Spin Master and gave the stock a “buy” rating in a report on Tuesday, September 24th.

Spin Master Stock Performance

TSE:TOY opened at C$31.73 on Friday. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83. The stock has a market capitalization of C$1.10 billion, a P/E ratio of 55.67, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The firm has a 50 day moving average of C$31.27 and a 200-day moving average of C$30.49. Spin Master has a 1 year low of C$27.52 and a 1 year high of C$36.82.

Spin Master Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Friday, December 27th. Spin Master’s payout ratio is 84.21%.

Insider Activity

In other Spin Master news, Senior Officer Douglas Wadleigh sold 2,094 shares of Spin Master stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$29.70, for a total transaction of C$62,187.19. Also, Senior Officer Tara Lise Deakin sold 2,000 shares of Spin Master stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$33.27, for a total transaction of C$66,532.60. In the last 90 days, insiders sold 33,598 shares of company stock valued at $1,066,982. Corporate insiders own 2.20% of the company’s stock.

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.