Q: I noticed Morningstar believes this may be a winner in 2026 - what is your opinion, and if a buy, what price looks attractive.
5i Research Answer:
TOY has had a rough year, which has made it very cheap at 10X earnings. Tariffs have been a big drag on the company. It is expected to show decent earnings growth this year. If there is tariff relief we think the stock could move. The balance sheet is OK and the 2.55% dividend is attractive while one awaits a recovery. It is priced well, but investors are going to need some patience here still.