National Bank Financial Comments on Spin Master Corp.’s Q4 2024 Earnings (TSE:TOY)

Spin Master Corp. (TSE:TOY) – National Bank Financial raised their Q4 2024 earnings per share estimates for Spin Master in a note issued to investors on Monday, September 30th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $1.46 for the quarter, up from their prior estimate of $1.28.

Spin Master (TSE:TOY) last announced 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). Spin Master had a net margin of 2.37% and a return on equity of 3.56%. The company had revenue of C$563.71 million for the quarter, compared to the consensus estimate of C$583.31 million.

Several other research firms have also recently issued reports on TOY. TD Securities set a C$46.00 target price on Spin Master and gave the stock a “buy” rating in a research note on Tuesday, September 24th. Royal Bank of Canada raised their target price on Spin Master from C$46.00 to C$47.00 in a research note on Wednesday, July 24th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$44.63.

Spin Master Stock Down 0.6 %

Shares of TSE:TOY opened at C$30.68 on Wednesday. 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 stock has a market capitalization of C$1.06 billion, a P/E ratio of 53.54, a price-to-earnings-growth ratio of 0.57 and a beta of 1.87. Spin Master has a 12-month low of C$27.52 and a 12-month high of C$37.73. The stock’s 50-day moving average price is C$31.29 and its 200-day moving average price is C$30.85.

Insider Buying and Selling at Spin Master

In other Spin Master news, Senior Officer Tara Lise Deakin sold 24,700 shares of Spin Master 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 transaction of C$787,235.93. In other Spin Master news, Senior Officer Tara Lise Deakin sold 24,700 shares of Spin Master 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 transaction of C$787,235.93. Also, 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 transaction of C$147,963.85. In the last three months, insiders have sold 33,498 shares of company stock valued at $1,063,920. 2.20% of the stock is currently 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.