Jennifer Susan Dodge Sells 1,259 Shares of Spin Master Corp. (TSE:TOY) Stock

Spin Master Corp. (TSE:TOY) Senior Officer Jennifer Susan Dodge sold 1,259 shares of the stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$25.34, for a total value of C$31,898.15.

Spin Master Trading Down 0.2 %

TSE:TOY opened at C$25.63 on Wednesday. The firm has a market capitalization of C$1.88 billion, a price-to-earnings ratio of 60.66, a price-to-earnings-growth ratio of 0.57 and a beta of 1.86. The company has a debt-to-equity ratio of 39.61, a current ratio of 1.14 and a quick ratio of 2.06. The business has a fifty day moving average price of C$29.01 and a 200-day moving average price of C$31.01. Spin Master Corp. has a one year low of C$25.00 and a one year high of C$35.44.

Spin Master Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Friday, March 28th. Spin Master’s dividend payout ratio (DPR) is currently 113.60%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TOY. TD Securities lowered their target price on shares of Spin Master from C$46.00 to C$37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. National Bankshares dropped their target price on shares of Spin Master from C$35.00 to C$32.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 26th. Royal Bank of Canada decreased their target price on shares of Spin Master from C$43.00 to C$41.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Stifel Nicolaus dropped their price target on Spin Master from C$45.00 to C$40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Finally, Canaccord Genuity Group reduced their price objective on Spin Master from C$44.00 to C$35.00 and set a “buy” rating for the company in a research report on Wednesday, February 26th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$37.75.

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.