Spin Master Corp (TSE:TOY) – Stock analysts at Jefferies Financial Group reduced their Q3 2019 EPS estimates for shares of Spin Master in a research report issued on Friday, December 14th, Zacks Investment Research reports. Jefferies Financial Group analyst S. Wissink now expects that the company will post earnings of $1.62 per share for the quarter, down from their previous estimate of $1.67. Jefferies Financial Group also issued estimates for Spin Master’s Q4 2019 earnings at $0.34 EPS.
TOY has been the subject of a number of other research reports. Cormark dropped their target price on shares of Spin Master from C$66.00 to C$61.00 in a research report on Tuesday, November 13th. Raymond James restated an “outperform” rating and set a C$65.00 target price on shares of Spin Master in a research report on Friday, October 26th. Royal Bank of Canada dropped their target price on shares of Spin Master from C$66.00 to C$64.00 and set an “outperform” rating for the company in a research report on Thursday, November 8th. Barclays dropped their target price on shares of Spin Master from C$65.00 to C$63.00 in a research report on Thursday, November 8th. Finally, National Bank Financial dropped their target price on shares of Spin Master from C$65.00 to C$60.00 and set an “outperform” rating for the company in a research report on Thursday, November 8th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Spin Master has a consensus rating of “Buy” and a consensus price target of C$61.00.
Shares of TSE:TOY traded up C$1.19 during midday trading on Monday, reaching C$43.23. 197,499 shares of the company were exchanged, compared to its average volume of 119,871. The company has a debt-to-equity ratio of 6.30, a quick ratio of 1.24 and a current ratio of 1.59. Spin Master has a one year low of C$34.93 and a one year high of C$61.76.
Spin Master (TSE:TOY) last posted its quarterly earnings results on Tuesday, November 6th. The company reported C$1.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$1.53 by C($0.01). The business had revenue of C$810.26 million for the quarter, compared to analyst estimates of C$821.43 million.
About Spin Master
Spin Master Corp., a children's entertainment company, creates, designs, manufactures, and markets various toys, games, products, and entertainment properties in North America, Europe, and internationally. It operates through five segments: Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction; Pre-School and Girls; and Outdoor.
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