National Bank Financial Weighs in on Spin Master Q4 Earnings

Spin Master Corp. (TSE:TOY) – Equities research analysts at National Bank Financial lifted their Q4 2024 earnings per share estimates for Spin Master in a research note issued on Wednesday, October 30th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $1.50 per share for the quarter, up from their prior forecast of $1.46. The consensus estimate for Spin Master’s current full-year earnings is $3.14 per share.

Several other research analysts have also commented on TOY. TD Securities set a C$46.00 target price on Spin Master and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Royal Bank of Canada reduced their price objective on Spin Master from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$42.14.

Spin Master Stock Down 9.6 %

Shares of TSE:TOY opened at C$29.47 on Friday. The firm has a market cap of C$1.02 billion, a PE ratio of 51.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company has a fifty day simple moving average of C$31.55 and a 200 day simple moving average of C$30.63. 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.

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

Spin Master Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, December 27th. Spin Master’s dividend payout ratio is presently 84.21%.

Insider Buying and Selling at Spin Master

In other Spin Master news, Director Chi Wah Yuen sold 4,704 shares of Spin Master stock in a transaction that occurred on 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 Spin Master stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$33.27, for a total value of C$66,532.60. Also, Director Chi Wah Yuen sold 4,704 shares of the company’s stock in a transaction that occurred 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 three months, insiders sold 33,498 shares of company stock valued at $1,063,920. 2.20% of the stock is owned by 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.