Spin Master Corp. (TSE:TOY – Get Rating) received a consensus “Buy” recommendation from the eleven analysts who cover the company, reports Marketbeat Ratings. One analyst rated the stock with a hold recommendation and four gave the company a buy recommendation. The 1-year average target price among analysts who have updated their coverage of the stock in the past year is C$58.20.
TOY has been the subject of a number of recent analyst reports. TD Securities raised its price target on shares of Spin Master from C$58.00 to C$60.00 and gave the stock a “buy” rating in a Wednesday, March 2, report. Canaccord Genuity Group raised its price target on shares of Spin Master from C$56.00 to C$60.00 in a Wednesday, March 2 report. National Bank Financial reiterated an “outperforming overweight” rating on Spin Master shares in a Tuesday, Feb. 1 report. Scotiabank raised its price target on shares of Spin Master from C$52.00 to C$55.00 in a Wednesday, February 2, report. Finally, National Bankshares raised its price target on shares of Spin Master from CA$63.00 to CA$66.00 and gave the stock an “outperform” rating in a Tuesday, March 1, report.
Shares of TOY were down C$0.12 during Friday trading hours, hitting C$45.01. 44,700 shares of the company have been traded, compared to its average volume of 62,851. The stock’s fifty-day simple moving average is C$44.71 and its two-hundred-day simple moving average is 44 CA$.77. Spin Master has a 12-month low of C$37.88 and a 12-month high of C$54.18. The stock has a market cap of C$1.43 billion and a price-to-earnings ratio of 18.95. The company has a quick ratio of 1.70, a current ratio of 1.99 and a debt ratio of 6.94.
Spin Master (TSE:TOY – Get Rating) last released its results on Monday, February 28. The company reported earnings per share (EPS) of C$0.30 for the quarter, beating Thomson Reuters consensus estimate of C$0.25 by C$0.05. The company posted revenue of C$495.06 million for the quarter, compared to analysts’ expectations of C$783.90 million. On average, stock analysts expect Spin Master to post earnings per share of 2.9200001 for the current fiscal year.
About Spin Master (Get an evaluation)
Spin Master Corp., a children’s entertainment company, creates, designs, manufactures, licenses and markets various toys, entertainment franchises and digital games in North America, Europe and globally. Its product categories include activities, games and puzzles and soft toys; preschool, dolls and interactive; wheels and action; and exterior.
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