National Bank Financial Comments on Spin Master Corp’s FY2018 Earnings (TOY)

Spin Master Corp (TSE:TOY) – Research analysts at National Bank Financial lowered their FY2018 earnings per share (EPS) estimates for shares of Spin Master in a note issued to investors on Wednesday, November 7th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $2.25 for the year, down from their prior forecast of $2.44. National Bank Financial has a “Outperform” rating and a $60.00 price objective on the stock. National Bank Financial also issued estimates for Spin Master’s FY2019 earnings at $2.41 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Raymond James dropped their price target on shares of Spin Master from C$65.00 to C$62.00 and set an “outperform” rating on the stock in a research note on Thursday. Barclays dropped their price target on shares of Spin Master from C$65.00 to C$63.00 in a research note on Thursday. Royal Bank of Canada dropped their price target on shares of Spin Master from C$66.00 to C$64.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, TD Securities lifted their price target on shares of Spin Master from C$67.00 to C$68.00 and gave the company a “buy” rating in a research note on Friday, August 3rd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$62.25.

Spin Master stock opened at C$45.96 on Friday. Spin Master has a 1 year low of C$43.00 and a 1 year high of C$61.76. The company has a debt-to-equity ratio of 6.30, a current ratio of 1.48 and a quick ratio of 1.04.

In related news, insider Chris Harrs sold 21,900 shares of Spin Master stock in a transaction on Friday, September 28th. The shares were sold at an average price of C$53.40, for a total value of C$1,169,460.00.

Spin Master Company Profile

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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Earnings History and Estimates for Spin Master (TSE:TOY)

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