Analysts Offer Predictions for Spin Master Q4 Earnings

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

TOY has been the subject of several other reports. 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. Royal Bank of Canada decreased their price objective on shares of Spin Master from C$47.00 to C$46.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Spin Master has an average rating of “Moderate Buy” and a consensus target price of C$42.14.

Spin Master Trading Down 9.6 %

Spin Master stock opened at C$29.47 on Friday. The company has a market capitalization of C$1.02 billion, a price-to-earnings ratio of 51.70, a PEG ratio of 0.57 and a beta of 1.86. The company’s fifty day moving average price is C$31.55 and its two-hundred day moving average price is C$30.63. Spin Master has a one year low of C$27.52 and a one year high of C$36.82. The company has a debt-to-equity ratio of 47.83, a current ratio of 1.02 and a quick ratio of 2.06.

Spin Master (TSE:TOY) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of C$583.31 million. Spin Master had a return on equity of 3.56% and a net margin of 2.37%.

Spin Master Dividend Announcement

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

Insider Activity

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

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.