Spin Master Corp. (TSE:TOY) Receives C$42.13 Average Price Target from Analysts

Spin Master Corp. (TSE:TOY) has been assigned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is C$42.13.

TOY has been the subject of a number of recent analyst reports. 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 for the company in a report on Friday, November 1st. TD Securities set a C$46.00 target price on Spin Master and gave the company a “buy” rating in a research note on Tuesday, September 24th. Finally, Cormark raised their target price on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st.

Spin Master Trading Down 0.3 %

Shares of TSE:TOY opened at C$33.51 on Friday. Spin Master has a 1 year low of C$27.52 and a 1 year high of C$36.82. The firm has a fifty day moving average price of C$32.63 and a 200 day moving average price of C$31.35. 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$1.16 billion, a PE ratio of 58.79, a P/E/G ratio of 0.57 and a beta of 1.86.

Spin Master Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, January 10th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $0.48 annualized dividend and a yield of 1.43%. Spin Master’s dividend payout ratio 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.