Equities Analysts Set Expectations for Spin Master Corp’s Q3 2019 Earnings (TSE:TOY)

Spin Master Corp (TSE:TOY) – Investment analysts at National Bank Financial issued their Q3 2019 earnings per share estimates for shares of Spin Master in a research note issued on Thursday, October 17th. National Bank Financial analyst A. Shine expects that the company will earn $1.56 per share for the quarter.

Several other research firms also recently weighed in on TOY. Jefferies Financial Group dropped their target price on shares of Spin Master from C$40.00 to C$39.00 in a report on Friday, August 23rd. Royal Bank of Canada raised their target price on shares of Spin Master from C$54.00 to C$55.00 in a report on Friday, August 2nd. BMO Capital Markets raised their target price on shares of Spin Master from C$49.00 to C$50.00 in a report on Friday, August 2nd. Finally, TD Securities dropped their target price on shares of Spin Master from C$57.00 to C$55.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of C$49.91.

TSE:TOY opened at C$38.39 on Monday. The company has a current ratio of 2.00, a quick ratio of 1.44 and a debt-to-equity ratio of 12.47. The firm has a 50-day moving average price of C$41.46 and a two-hundred day moving average price of C$40.78. Spin Master has a twelve month low of C$34.93 and a twelve month high of C$50.50. The company has a market capitalization of $4.10 billion and a P/E ratio of 36.15.

Spin Master (TSE:TOY) last posted its earnings results on Wednesday, July 31st. The company reported C$0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.15 by C$0.10. The business had revenue of C$429.36 million for the quarter, compared to analysts’ expectations of C$398.34 million.

In other news, Director Benoit Gadbois sold 147,708 shares of Spin Master stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$44.00, for a total transaction of C$6,499,329.25. Following the completion of the sale, the director now directly owns 536,665 shares in the company, valued at C$23,613,904.

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. The company sells toys and related products to retail customers and distributors, as well as online.

Featured Article: What moving averages are used to define a golden cross?

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

Receive News & Ratings for Spin Master Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spin Master and related companies with MarketBeat.com's FREE daily email newsletter.