Other equity analysts have also penned research studies on the company, and those reports have been made available to the general public. Stifel Nicolaus stated in a research note released on Tuesday, January 17, that they would be decreasing their target price on Spin Master from C$51.00 to C$48.00.
In a research note distributed on December 21, TD Securities informed investors that their recommendation regarding Spin Master had been changed from “hold” to “buy.” In addition, they decided that the price target for the company would be $45.00 (Canadian dollars). Jefferies Financial Group raised their price objective for Spin Master by one dollar, moving it from $46.00 to $47.00, in a research report published on February 8. CIBC upgraded Spin Master to a “neutral” rating and raised their price objective on the stock from $40.00 to $41.00 in a research note published on Thursday, February 16.
The company’s stock was the subject of both amendments to the agreement.
Three separate financial analysts have expressed the opinion that investors should purchase company shares, while only two of those experts have suggested that investors maintain their current holdings.
The current average rating for Spin Master is “Moderate Buy,” and the consensus price objective for the company is C$52.33, according to the data provided by Bloomberg.
On Friday, the first transaction involving TOY stock occurred for 37.33 Canadian dollars per share.
The cost of a Spin Master can be found online at various locations, with prices ranging from $30.63 to $50.86 over the past year.
The moving averages for the stock over the past 50 days come in at $35.67, and the moving average over the past 200 days comes in at $38.26. 5.75 is the ratio of debt to equity, 2.06 is the ratio of the quick ratio to the current ratio, and 2.49 is the ratio of the current ratio to the quick ratio.
The company has a PE ratio of 9.62, a P/E/G ratio of 1.36, and a beta value of 1.89; its market capitalization is currently at 1.21 billion Canadian dollars.
Company: Spin Master Investment analysts at National Bank Financial raised their forecasts for Spin Master’s profits per share for the fiscal year 2023 in a study published on Wednesday, March 8.
The study was released on the same day as Spin Master’s earnings report.
The most recent estimate for the company’s earnings was $2.54 per share, but an analyst from National Bank Financial named A. Shine has revised the company’s earnings projection for this year up to $2.84 per share.
This represents an increase from the previous estimate.
The current average estimate for Spin Master’s earnings throughout the year is $2.97 per share.
This estimate is based on previous estimates.
The estimates provided by National Bank Financial indicate that Spin Master’s fiscal year 2024 should result in earnings of $2.67 per share.
The company just recently declared and distributed a quarterly dividend, which was paid out on January 13 of this year.
In addition, the company just recently announced and distributed a dividend.
Investors who could prove ownership of their shares as of January 13 were entitled to a dividend payment of $0.06 per share, which was distributed to them in full.
This translates into a dividend payment of $0.24 per month and a dividend yield of 0.64% for the stock when calculated annually. On December 29, the dividend payment, initially subject to certain deductions, finally got underway. Spin Master has a dividend payout ratio (DPR) that is currently 6.19 percent.
It is the responsibility of Spin Master Corp., a company that specializes in the provision of entertainment for children, to conceive of, design, produces, acquire