Spin Master Corp. (TSE:TOY) to Post Earnings of $0.08 Per Share in Q1 2022, DA Davidson Forecasts
Spin Master Corp. (TSE:TOY – Get Rating) – Equity researchers DA Davidson released their Q1 2022 EPS estimates for Spin Master in a research note published on Wednesday, March 2. DA Davidson analyst L. Weiser expects the company to post earnings of $0.08 per share for the quarter. DA Davidson currently has a “Neutral” rating and a target price of $48.00 on the stock.
TOY has been the subject of several other reports. Scotiabank raised its price target on Spin Master from CA$52.00 to CA$55.00 in a Wednesday, February 2 research note. BMO Capital Markets raised its target price on shares of Spin Master from C$40.00 to C$50.00 in a Friday, Nov. 5 research note. TD Securities raised its price target on shares of Spin Master from C$58.00 to C$60.00 and gave the company a “buy” rating in a report released Wednesday. National Bank Financial reissued an “outperforming overweight” rating on Spin Master shares in a Tuesday, Feb. 1 report. Finally, Royal Bank of Canada raised its price target on Spin Master shares from C$62.00 to C$63.00 and gave the company an “outperform” rating in a report released Tuesday. Three investment analysts gave the stock a hold rating and five gave the stock a buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$56.67.
Spin Master stock opened at C$46.96 on Thursday. The company has a debt ratio of 7.07, a quick ratio of 1.54 and a current ratio of 1.93. The company’s 50-day simple moving average is CA$45.80 and its 200-day simple moving average is CA$45.50. The company has a market capitalization of C$4.80 billion and a PE ratio of 22.28. Spin Master has a 52-week low of C$34.15 and a 52-week high of C$54.18.
Spin Master Company Profile (Get a rating)
Spin Master Corp., a children’s entertainment company, creates, designs, manufactures, licenses and markets various toys, entertainment franchises and digital games in North America, Europe and globally. Its product categories include activities, games and puzzles, and soft toys; preschool and girls; boys action and construction; remote control and interactive characters; and exterior.
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