Analysts Offer Predictions for Spin Master Corp’s FY2017 Earnings (TOY)
Spin Master Corp (TSE:TOY) – Research analysts at National Bank Financial dropped their FY2017 earnings estimates for shares of Spin Master Corp in a research report issued on Wednesday. National Bank Financial analyst A. Shine now anticipates that the company will earn $2.13 per share for the year, down from their previous estimate of $2.18. National Bank Financial has a “Outperform” rating and a $58.00 price objective on the stock. National Bank Financial also issued estimates for Spin Master Corp’s FY2018 earnings at $2.39 EPS and FY2019 earnings at $2.63 EPS.
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A number of other analysts have also weighed in on the company. Raymond James Financial, Inc. increased their target price on Spin Master Corp from C$52.00 to C$55.00 in a research note on Wednesday, November 1st. CIBC raised their price target on Spin Master Corp from C$44.00 to C$50.00 in a research note on Thursday, August 3rd. TD Securities raised their price target on Spin Master Corp from C$45.00 to C$54.00 and gave the company an “action list buy” rating in a research note on Wednesday, August 2nd. Jefferies Group LLC raised their price target on Spin Master Corp from C$39.00 to C$45.00 and gave the company a “hold” rating in a research note on Thursday, August 3rd. Finally, Royal Bank Of Canada cut their price target on Spin Master Corp from C$47.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 25th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Spin Master Corp has an average rating of “Buy” and an average target price of C$52.75.
Shares of Spin Master Corp (TSE TOY) opened at C$49.26 on Monday. Spin Master Corp has a 52-week low of C$30.01 and a 52-week high of C$52.05.
In other Spin Master Corp news, insider Chris Harrs sold 23,000 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of C$47.77, for a total value of C$1,098,710.00. Also, Director Benoit Gadbois sold 24,990 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of C$46.40, for a total value of C$1,159,536.00. Insiders sold 293,605 shares of company stock worth $13,374,582 in the last quarter.
About Spin Master Corp
Spin Master Corp., a childrens 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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