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

Shares of Spin Master Corp. (TSE:TOY) have been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$40.86.

TOY has been the subject of a number of research analyst reports. Royal Bank of Canada decreased their target price on Spin Master from C$46.00 to C$43.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Cormark lifted their price objective on Spin Master from C$42.00 to C$45.00 in a report on Friday, November 1st.

Spin Master Price Performance

TOY opened at C$30.77 on Wednesday. The business has a fifty day moving average of C$32.83 and a 200 day moving average of C$31.76. The stock has a market cap of C$1.07 billion, a P/E ratio of 53.98, 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 1.02 and a debt-to-equity ratio of 47.83. Spin Master has a 52-week low of C$27.52 and a 52-week high of C$35.80.

Spin Master Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Friday, December 27th. Spin Master’s 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.