Q1 2021 EPS Estimates for Spin Master Corp. Boosted by Analyst (TSE:TOY)

Spin Master Corp. (TSE:TOY) – Research analysts at Jefferies Financial Group increased their Q1 2021 earnings per share (EPS) estimates for shares of Spin Master in a research note issued to investors on Monday, April 19th. Jefferies Financial Group analyst S. Wissink now expects that the company will post earnings per share of ($0.25) for the quarter, up from their prior forecast of ($0.41). Jefferies Financial Group has a “Hold” rating and a $47.00 price target on the stock. Jefferies Financial Group also issued estimates for Spin Master’s Q1 2022 earnings at ($0.23) EPS and FY2022 earnings at $1.79 EPS.

Spin Master (TSE:TOY) last posted its quarterly earnings results on Monday, March 1st. The company reported C$0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.08 by C$0.10. The company had revenue of C$639.45 million during the quarter, compared to the consensus estimate of C$629.83 million.

Several other research firms have also weighed in on TOY. CIBC boosted their price objective on shares of Spin Master from C$40.00 to C$44.00 and gave the stock a “na” rating in a research note on Thursday, March 11th. National Bank Financial raised their price objective on Spin Master to C$49.00 and gave the company an “outperform” rating in a research report on Wednesday, April 14th. DA Davidson boosted their target price on Spin Master from C$30.00 to C$37.00 in a report on Wednesday, March 3rd. BMO Capital Markets increased their price target on Spin Master from C$28.00 to C$32.00 in a research note on Wednesday, March 3rd. Finally, Canaccord Genuity lifted their price objective on shares of Spin Master from C$30.00 to C$40.00 in a research report on Wednesday, March 3rd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$42.82.

Shares of TOY opened at C$39.85 on Thursday. The company has a current ratio of 1.95, a quick ratio of 1.62 and a debt-to-equity ratio of 8.83. The company’s fifty day simple moving average is C$37.54 and its 200 day simple moving average is C$31.00. Spin Master has a 1-year low of C$15.01 and a 1-year high of C$42.35. The company has a market cap of C$4.06 billion and a price-to-earnings ratio of 72.45.

Spin Master Company Profile

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 internationally. Its product categories include activities, games and puzzles, and plush; pre-school and girls; boys action and construction; remote control and interactive characters; and outdoor.

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

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