goeasy Ltd. (TSE: GSY) – Desjardins research analysts lowered their earnings estimates for fiscal 2023 for goeasy in a research report released on Thursday, November 4. Desjardins analyst G. Ho now expects the company to post earnings of $ 13.60 per share for the year, down from its previous forecast of $ 13.99. Desjardins currently has a “Buy” rating and a target share price of $ 202.00.
Several other analysts have also published reports on GSY. National Bank Financial raised its target price on goeasy to C $ 220.00 and assigned the stock an “outperformance” rating in a report released Friday. Raymond James increased his target price on goeasy from C $ 182.00 to C $ 207.00 and gave the stock an “outperformance” rating in a report released Friday. National Bankshares increased its target price on goeasy from C $ 196.00 to C $ 220.00 and rated the stock “outperform” in a report released Friday. BMO Capital Markets increased its target price on goeasy from C $ 207.00 to C $ 226.00 and rated the stock “na” in a report released Friday. Finally, TD Securities launched a cover on goeasy in a research report on Wednesday, October 20. They set a “buy” rating and a price target of CAD $ 261.00 for the company. Seven equity research analysts rated the stock with a buy rating. Based on MarketBeat data, the company has an average rating of “Buy” and a consensus price target of C $ 217.29.
GSY opened for C $ 182.90 on Monday. The company has a market capitalization of C $ 3.02 billion and a P / E ratio of 13.62. goeasy has a 52-week low at CA $ 78.00 and a 52-week high at CA $ 218.35. The company has a debt to equity ratio of 209.59, a rapid ratio of 15.40 and a current ratio of 15.46. The company’s fifty-day moving average is CA $ 198.61 and its 200-day moving average is CA $ 172.31. goeasy (TSE: GSY) last published its results on Thursday, August 5. The company reported earnings per share (EPS) of C $ 2.61 for the quarter, beating the consensus estimate of C $ 2.51 by C $ 0.10. The company reported sales of C $ 202.36 million for the quarter, compared to analysts’ estimates of C $ 197.30 million.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 8. Investors of record on Friday October 8 received a dividend of $ 0.66 per share. The ex-dividend date was Thursday, September 23. This represents an annualized dividend of $ 2.64 and a dividend yield of 1.44%. goeasy’s dividend payout ratio is currently 16.53%.
goeasy Ltd. provides loans and other financial services to consumers in Canada. It also rents household products to consumers. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment offers unsecured and secured real estate installment loans and secured savings loans; loan protection plans; and optional home and auto insurance products, which provide roadside assistance and a variety of other support services, as well as credit monitoring services.
See also: Debt ratio
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