Spin Master FY2024 EPS Increased by National Bank Financial

Spin Master Corp. (TSE:TOY) – Analysts at National Bank Financial raised their FY2024 earnings per share (EPS) estimates for Spin Master in a research report issued to clients and investors on Thursday, January 23rd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $3.64 for the year, up from their previous forecast of $3.59. The consensus estimate for Spin Master’s current full-year earnings is $3.14 per share. National Bank Financial also issued estimates for Spin Master’s FY2025 earnings at $5.08 EPS.

Other equities analysts have also recently issued reports about the stock. Cormark upped their price objective on shares of Spin Master from C$42.00 to C$45.00 in a research report on Friday, November 1st. Royal Bank of Canada cut their price target on 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. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$40.86.

Spin Master Price Performance

Shares of TOY stock opened at C$31.83 on Monday. The firm has a fifty day simple moving average of C$32.81 and a 200-day simple moving average of C$31.65. The company has a market capitalization of C$1.10 billion, a PE ratio of 55.84, 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$36.03. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83.

Spin Master (TSE:TOY) last released its quarterly earnings results on Wednesday, October 30th. The company reported C$2.18 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.24 by C($0.06). Spin Master had a return on equity of 3.56% and a net margin of 2.37%. During the same period in the previous year, the firm posted $1.80 earnings per share.

Spin Master Dividend Announcement

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