The Globe and Mail reports in its Tuesday, Nov. 11, edition that Seaport Research analyst Gerrick Johnson has commenced coverage on Spin Master, giving it a "buy" recommendation and a target share price of $34. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $27.88. Mr. Johnson says in a note: "On target for its third straight year of earnings declines, Spin Master has not had a lot of friends or fans on the Street. This has created a severe valuation dislocation. With new management in place and opportunities for improvement, efficiency and growth, we find the valuation highly compelling.
Spin Master shares have declined 40 per cent year-to-date, and now trade at just eight times 2026 consensus EPS estimates, a discount to its peers (10 times) and its historical average (14 times)." The Globe reported on Nov. 1, 2024, April 30, 2025, and Oct. 30, 2025, that RBC Dominion Securities analyst Drew McReynolds rated Spin Master "outperform." The shares were then worth $30.74, $24.38 and $21.22.
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