goeasy Ltd. (TSE:GSY – get rating) has received a “Buy” consensus recommendation from the eight research firms that currently cover the firm, reports Marketbeat. Five investment analysts rated the stock with a buy rating and one issued a strong buy rating on the company. The average 1-year target price among analysts who have covered the stock in the past year is C$194.88.
Several research companies have recently been involved in GSY. CIBC lowered the price target on goeasy shares from C$200.00 to C$180.00 and set an “outperform” rating on the shares in a research note on Thursday, May 12. Scotiabank lowered the price target on goeasy shares from C$170.00 to C$160.00 in a research note on Friday, May 13. Raymond James lowered goeasy’s share price target from C$213.00 to C$202.00 and set a “strong buy” rating on the stock in a research note on Friday, July 8. National Bankshares lowered the price target on goeasy’s shares from C$220.00 to C$155.00 and set an “outperform” rating on the stock in a research note on Thursday, May 12. Ultimately, TD Securities lowered the price target on goeasy shares from C$220.00 to C$215.00 and set a “buy” rating on the stock in a research note on Friday May 13.
Return on goeasy shares
TSE:GSY opened at C$101.31 on Tuesday. The company has a current ratio of 16.00, a quick ratio of 15.94, and a debt-to-equity ratio of 240.20. The company has a market capitalization of 1.6 billion Canadian dollars and a price-earnings ratio of 11.22. The company’s 50-day moving average price is C$105.67 and its 200-day moving average price is C$128.58. goeasy has a twelve month minimum of C$95.00 and a twelve month maximum of C$218.35.
goeasy (TSE:GSY – get rating) last announced its quarterly earnings data on Wednesday, May 11. The company reported earnings per share (EPS) of Cdn$2.72 for the quarter, missing the consensus estimate of Cdn$2.78 to Cdn$0.06. The business had revenue of C$232.14 million in the quarter, compared to the consensus estimate of C$233.25 million. On average, sell-side analysts forecast goeasy to post 14.6400004 earnings per share for the current fiscal year.
goeasy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, July 8. Shareholders of record on Friday, July 8, were paid a dividend of $0.91. This represents a dividend of $3.64 on an annualized basis and a yield of 3.59%. The ex-dividend date was Thursday, June 23. The goeasy payout rate is 32.00%.
goeasy company profile
goeasy Ltd. provides non-preferred lending and leasing services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment offers installment loans secured by real estate and without collateral; personal, home equity and auto loans; retail and small business financing; and value-added services.
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