Insider Selling: Spin Master Corp. (TSE:TOY) Senior Officer Sells 2,000 Shares of Stock

Spin Master Corp. (TSE:TOY) Senior Officer Tara Lise Deakin sold 2,000 shares of the firm’s stock in a transaction 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.

Tara Lise Deakin also recently made the following trade(s):

• On Friday, August 23rd, Tara Lise Deakin sold 24,700 shares of Spin Master stock. The shares were sold at an average price of C$31.87, for a total transaction of C$787,235.93.

Spin Master Trading Down 1.5 %

Spin Master stock traded down C$0.50 during midday trading on Thursday, reaching C$31.89. 60,681 shares of the stock traded hands, compared to its average volume of 91,266. The firm has a market cap of C$1.11 billion, a PE ratio of 55.95, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. The company has a current ratio of 1.02, a quick ratio of 2.06 and a debt-to-equity ratio of 47.83. The company has a 50-day simple moving average of C$30.41 and a two-hundred day simple moving average of C$31.25. Spin Master Corp. has a 12-month low of C$27.52 and a 12-month high of C$37.73.

Spin Master (TSE:TOY) last posted its quarterly earnings data on Tuesday, July 30th. The company reported C$0.12 EPS for the quarter, missing the consensus estimate of C$0.15 by C($0.03). The business had revenue of C$563.71 million during the quarter, compared to analysts’ expectations of C$583.31 million. Spin Master had a net margin of 2.37% and a return on equity of 3.56%. Research analysts expect that Spin Master Corp. will post 2.9961832 earnings per share for the current fiscal year.

Spin Master Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Friday, July 12th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Friday, June 28th. This is a boost from Spin Master’s previous quarterly dividend of $0.06. Spin Master’s dividend payout ratio (DPR) is currently 84.21%.

Analyst Ratings Changes

TOY has been the topic of a number of research reports. Stifel Nicolaus decreased their target price on shares of Spin Master from C$50.00 to C$45.00 in a research note on Thursday, May 9th. National Bankshares lowered their price target on Spin Master from C$40.00 to C$35.00 in a report on Thursday, May 9th. CIBC cut their price objective on Spin Master from C$41.00 to C$37.00 in a research report on Thursday, May 9th. National Bank Financial cut shares of Spin Master from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research report on Wednesday, May 8th. Finally, TD Securities dropped their price target on shares of Spin Master from C$48.00 to C$46.00 and set a “buy” rating for the company in a research report on Thursday, May 9th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Spin Master currently has a consensus rating of “Moderate Buy” and a consensus target price of C$44.63.

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.