goeasy Ltd. (TSE: GSY) – Research analysts at Desjardins have lowered their earnings estimates for goeasy for FY2023 in a research report released on Thursday, November 4th. Desjardins analyst G. Ho now predicts the company will post earnings of $ 13.60 per share for the year, up from its previous forecast of $ 13.99. Desjardins currently has a “Buy” rating and a target price of $ 202.00 on the stock.
Several other analysts have also published reports on GSY. National Bank Financial raised its target price on goeasy to CAD 220.00 and rated the share as “outperform” in a report on Friday. Raymond James raised his target price on goeasy from CAD 182.00 to CAD 207.00 and rated the stock as “outperform” in a report on Friday. National Bankshares raised its target price on goeasy from 196.00 CAD to 220.00 CAD and rated the stock as “outperform” in a report on Friday. BMO Capital Markets raised its price target on goeasy from 207.00 CAD to 226.00 CAD and rated the stock with “na” in a report on Friday. Finally, TD Securities began reporting on goeasy in a research report on Wednesday October 20th. They set a “Buy” rating and a target price of $ 261.00 for the company. Seven research analysts for stocks have given the stock a buy rating. Based on data from MarketBeat, the company has an average “Buy” rating and a consensus price target of $ 217.29.
GSY opened at $ 182.90 on Monday. The company has a market capitalization of $ 3.02 billion and a P / E of 13.62. goeasy has a 52-week low of $ 78.00 and a 52-week high of $ 218.35. The company has a debt of 209.59, a quick ratio of 15.40, and a current ratio of 15.46. The company’s fifty-day moving average is CAD 198.61 and the 200-day moving average is CAD 172.31. goeasy (TSE: GSY) last published its earnings figures on Thursday, August 5th. The company reported earnings per share (EPS) for the quarter of $ 2.61, beating the consensus estimate of $ 2.51 by $ 0.10. The company posted revenue of $ 202.36 million for the quarter, compared to analyst estimates of $ 197.30 million.
The company also recently announced a quarterly dividend, which was paid on Friday, October 8th. Investors registered on Friday, October 8th, received a dividend of $ 0.66 per share. The ex-dividend date was Thursday, September 23rd. This equates to an annualized dividend of $ 2.64 and a dividend yield of 1.44%. Goeasy’s payout ratio is currently 16.53%.
goeasy Ltd. provides credit and other financial services to consumers in Canada. It also rents household products to consumers. The company operates in two segments, Easyfinancial and Easyhome. The Easyfinancial segment offers unsecured and property-secured installment loans as well as secured savings loans; Loan protection plans; and an optional home and auto insurance product that provides roadside assistance and a range of other support services, as well as credit monitoring services.
See also: Leverage
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