Analysts Set goeasy Ltd. (TSE:GSY) PT at C$208.80

goeasy Ltd. (TSE:GSY) has been given an average recommendation of “Moderate Buy” by the nine analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$208.80.

Several analysts have commented on GSY shares. Colliers Securities lifted their price target on goeasy from C$200.00 to C$220.00 in a report on Wednesday, May 8th. Royal Bank of Canada lifted their price objective on goeasy from C$201.00 to C$225.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th. Raymond James lifted their price objective on goeasy from C$200.00 to C$225.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th. Desjardins lifted their price objective on goeasy from C$190.00 to C$205.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Finally, BMO Capital Markets lifted their price objective on goeasy from C$192.00 to C$208.00 in a research note on Thursday, May 9th.

goeasy Stock Up 2.6 %

GSY opened at C$205.00 on Monday. The company has a debt-to-equity ratio of 284.07, a current ratio of 26.61 and a quick ratio of 28.46. The stock has a market capitalization of C$3.43 billion, a price-to-earnings ratio of 13.79, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95. The business has a 50-day moving average of C$184.29 and a two-hundred day moving average of C$170.33. goeasy has a 12 month low of C$101.34 and a 12 month high of C$206.02.

goeasy (TSE:GSY) last posted its quarterly earnings results on Tuesday, May 7th. The company reported C$3.83 EPS for the quarter, beating the consensus estimate of C$3.77 by C$0.06. The company had revenue of C$357.11 million during the quarter, compared to analysts’ expectations of C$350.44 million. goeasy had a return on equity of 25.47% and a net margin of 33.32%. On average, research analysts expect that goeasy will post 17.2156863 earnings per share for the current year.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Friday, July 12th will be given a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.28%. The ex-dividend date of this dividend is Friday, June 28th. goeasy’s dividend payout ratio (DPR) is presently 31.47%.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.