goeasy Ltd. (TSE:GSY) - Research analysts at Desjardins decreased their FY2023 earnings estimates for goeasy in a research report issued on Thursday, November 4th. Desjardins analyst G. Ho now forecasts that the company will post earnings of $13.60 per share for the year, down from their prior forecast of $13.99. Desjardins currently has a "Buy" rating and a $202.00 target price on the stock.
Several other analysts have also issued reports on GSY. National Bank Financial increased their target price on goeasy to C$220.00 and gave the stock an "outperform" rating in a report on Friday. Raymond James increased their target price on goeasy from C$182.00 to C$207.00 and gave the stock an "outperform" rating in a report on Friday. National Bankshares increased their target price on goeasy from C$196.00 to C$220.00 and gave the stock an "outperform" rating in a report on Friday. BMO Capital Markets increased their target price on goeasy from C$207.00 to C$226.00 and gave the stock a "na" rating in a report on Friday. Finally, TD Securities initiated coverage on goeasy in a research report on Wednesday, October 20th. They set a "buy" rating and a C$261.00 price objective for the company. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$217.29.
GSY opened at C$182.90 on Monday. The firm has a market cap of C$3.02 billion and a P/E ratio of 13.62. goeasy has a 52-week low of C$78.00 and a 52-week high of C$218.35. The company has a debt-to-equity ratio of 209.59, a quick ratio of 15.40 and a current ratio of 15.46. The business's fifty day moving average is C$198.61 and its 200-day moving average is C$172.31. goeasy (TSE:GSY) last released its earnings results on Thursday, August 5th. The company reported C$2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of C$2.51 by C$0.10. The company had revenue of C$202.36 million for the quarter, compared to analyst estimates of C$197.30 million.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 8th. Investors of record on Friday, October 8th were given a dividend of $0.66 per share. The ex-dividend date was Thursday, September 23rd. This represents a $2.64 annualized dividend and a dividend yield of 1.44%. goeasy's dividend payout ratio is currently 16.53%.
About goeasy
goeasy Ltd. provides loans and other financial services to consumers in Canada. It also leases household products to consumers. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans, and secured saving loans; loan protection plans; and an optional home and auto benefits products, which offers road side assistance and a suite of other support services, as well as credit monitoring services.
See Also: Debt-To-Equity Ratio
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