Spin Master (TSE:TOY) Given a C$46.00 Price Target at TD Securities

Spin Master (TSE:TOY) received a C$46.00 price objective from equities research analysts at TD Securities in a report released on Tuesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 45.99% from the stock’s previous close.

Separately, Royal Bank of Canada upped their price target on Spin Master from C$46.00 to C$47.00 in a research report on Wednesday, July 24th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$44.63.

Spin Master Stock Down 0.7 %

Shares of TSE:TOY opened at C$31.51 on Tuesday. The company has a market capitalization of C$1.09 billion, a PE ratio of 55.28, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. Spin Master has a 52-week low of C$27.52 and a 52-week high of C$37.73. The company has a debt-to-equity ratio of 47.83, a quick ratio of 2.06 and a current ratio of 1.02. The company has a fifty day moving average of C$31.22 and a 200-day moving average of C$30.88.

Spin Master (TSE:TOY) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). The business had revenue of C$563.71 million during the quarter, compared to the consensus estimate of C$583.31 million. Spin Master had a net margin of 2.37% and a return on equity of 3.56%.

Insider Activity

In related news, Senior Officer Tara Lise Deakin sold 24,700 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of C$31.87, for a total value of C$787,235.93. In other Spin Master news, Senior Officer Douglas Wadleigh sold 2,094 shares of Spin Master stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of C$29.70, for a total transaction of C$62,187.19. Also, Senior Officer Tara Lise Deakin sold 24,700 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of C$31.87, for a total value of C$787,235.93. Insiders sold 33,498 shares of company stock worth $1,063,920 in the last quarter. 2.20% of the stock is owned by corporate insiders.

About Spin Master

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.