Spin Master Corp. (TSE:TOY - Free Report) - Equities researchers at National Bank Financial increased their FY2024 EPS estimates for Spin Master in a report issued on Wednesday, October 30th. National Bank Financial analyst A. Shine now expects that the company will post earnings of $3.59 per share for the year, up from their prior estimate of $3.06. 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 $4.87 EPS.
Other analysts have also issued reports about the stock. Cormark boosted their target price on shares of Spin Master from C$42.00 to C$45.00 in a research report on Friday. Royal Bank of Canada cut their price objective on shares of Spin Master from C$46.00 to C$43.00 and set an "outperform" rating for the company in a research report on Friday. Finally, TD Securities set a C$46.00 target price on Spin Master and gave the stock a "buy" rating in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$42.13.
Check Out Our Latest Stock Analysis on Spin Master
Shares of TOY stock opened at C$30.74 on Monday. 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 has a 12-month low of C$27.52 and a 12-month high of C$36.82. The stock has a market capitalization of C$1.07 billion, a P/E ratio of 53.93, a P/E/G ratio of 0.57 and a beta of 1.86. The firm's 50 day moving average is C$31.49 and its 200 day moving average is C$30.58.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Friday, December 27th. Spin Master's dividend payout ratio (DPR) is presently 84.21%.
In other news, Director Chi Wah Yuen sold 4,704 shares of the business's stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total value of C$147,963.85. In other news, Senior Officer Tara Lise Deakin sold 2,000 shares of the company's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$33.27, for a total transaction of C$66,532.60. Also, Director Chi Wah Yuen sold 4,704 shares of the business's stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of C$31.45, for a total transaction of C$147,963.85. In the last ninety days, insiders sold 33,498 shares of company stock worth $1,063,920. 2.20% of the stock is currently owned by company insiders.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Spin Master, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spin Master wasn't on the list.
While Spin Master currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.