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

Spin Master Corp. (TSE:TOY) has received a consensus rating of “Moderate Buy” from the five analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$37.75.

TOY has been the subject of a number of recent research reports. Stifel Nicolaus dropped their price objective on shares of Spin Master from C$45.00 to C$40.00 and set a “buy” rating for the company in a research note on Wednesday, February 26th. TD Securities dropped their price target on Spin Master from C$46.00 to C$37.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. Royal Bank of Canada decreased their price objective on Spin Master from C$43.00 to C$41.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 26th. Canaccord Genuity Group dropped their target price on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a report on Wednesday, February 26th. Finally, National Bankshares cut their target price on Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 26th.

Insider Buying and Selling at Spin Master

In other Spin Master news, Senior Officer Jennifer Susan Dodge sold 1,259 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$25.34, for a total value of C$31,898.15. Insiders own 2.20% of the company’s stock.

Spin Master Stock Down 0.9 %

Shares of TOY stock opened at C$25.51 on Friday. The company’s fifty day simple moving average is C$28.77 and its two-hundred day simple moving average is C$30.93. Spin Master has a 52 week low of C$25.00 and a 52 week high of C$35.44. The stock has a market cap of C$1.87 billion, a P/E ratio of 60.37, a PEG ratio of 0.57 and a beta of 1.86. The company has a quick ratio of 2.06, a current ratio of 1.14 and a debt-to-equity ratio of 39.61.

Spin Master Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, March 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.88%. Spin Master’s dividend payout ratio is currently 113.60%.

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.