goeasy - GSY Stock Forecast, Price & News

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services. The Easyhome segment leases household furniture, appliances, electronics, computers, and unsecured lending products to retail consumers. As of December 31, 2021, it operated 294 easyfinancial locations that include 8 kiosks, as well as 158 easyhome stores that include 34 franchises. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada

Wall Street Analysts Forecast Growth

GSY has been the subject of a number of recent research reports. Raymond James dropped their target price on goeasy from C$213.00 to C$202.00 and set a "strong-buy" rating for the company in a research report on Friday, July 8th. Scotiabank dropped their target price on goeasy from C$170.00 to C$160.00 in a research report on Friday, May 13th. National Bankshares dropped their target price on goeasy from C$220.00 to C$155.00 and set an "outperform" rating for the company in a research report on Thursday, May 12th. CIBC dropped their target price on goeasy from C$200.00 to C$180.00 and set an "outperform" rating for the company in a research report on Thursday, May 12th. Finally, BMO Capital Markets dropped their target price on goeasy from C$228.00 to C$225.00 in a research report on Friday, May 13th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, goeasy has a consensus rating of "Buy" and a consensus target price of C$192.38.

goeasy Trading Up 0.8 %

goeasy stock traded up C$0.95 during trading hours on Monday, reaching C$124.54. The company had a trading volume of 45,459 shares, compared to its average volume of 70,435. The company has a debt-to-equity ratio of 240.20, a current ratio of 16.00 and a quick ratio of 15.94. The company has a 50-day moving average price of C$106.55 and a 200 day moving average price of C$122.90. The firm has a market cap of C$1.97 billion and a price-to-earnings ratio of 13.79. goeasy has a 12-month low of C$95.00 and a 12-month high of C$218.35.

goeasy (TSE:GSY - Get Rating) last posted its earnings results on Wednesday, May 11th. The company reported C$2.72 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.78 by C($0.06). The firm had revenue of C$232.14 million during the quarter, compared to analysts' expectations of C$233.25 million. Equities analysts forecast that goeasy will post 14.3800006 earnings per share for the current year.

goeasy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, July 8th were paid a dividend of $0.91 per share. The ex-dividend date was Thursday, June 23rd. This represents a $3.64 annualized dividend and a dividend yield of 2.92%. goeasy's dividend payout ratio (DPR) is presently 32.00%.