goeasy (TSE:GSY) Price Target Raised to C$190.00 at Scotiabank

goeasy (TSE:GSY) had its price target increased by Scotiabank from C$183.00 to C$190.00 in a research report sent to investors on Tuesday, BayStreet.CA reports. Scotiabank currently has a sector perform rating on the stock.

GSY has been the subject of several other reports. Cormark increased their price objective on shares of goeasy from C$193.00 to C$200.00 and gave the company a buy rating in a research report on Wednesday, February 14th. Raymond James lifted their price objective on shares of goeasy from C$166.00 to C$200.00 and gave the stock an outperform rating in a research note on Thursday, February 15th. Royal Bank of Canada upped their target price on goeasy from C$195.00 to C$201.00 and gave the company an outperform rating in a research report on Monday. National Bankshares lifted their price target on goeasy from C$190.00 to C$195.00 and gave the stock an outperform rating in a research report on Wednesday, February 14th. Finally, CIBC increased their price objective on goeasy from C$200.00 to C$220.00 and gave the company an outperform rating in a report on Friday, April 26th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of C$196.44.

goeasy Stock Performance

Shares of GSY opened at C$176.04 on Tuesday. The company has a current ratio of 15.62, a quick ratio of 28.46 and a debt-to-equity ratio of 278.25. The firm has a market cap of C$2.93 billion, a PE ratio of 12.16, a P/E/G ratio of 0.84 and a beta of 2.03. goeasy has a 12 month low of C$87.00 and a 12 month high of C$180.55. The stock has a fifty day moving average price of C$166.24 and a 200-day moving average price of C$151.83.

goeasy (TSE:GSY) last released its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 EPS for the quarter, beating analysts’ consensus estimates of C$3.92 by C$0.09. The company had revenue of C$338.11 million during the quarter, compared to analysts’ expectations of C$340.35 million. goeasy had a return on equity of 25.77% and a net margin of 33.21%. Equities research analysts predict that goeasy will post 16.5811069 earnings per share for the current fiscal year.

goeasy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were paid a $1.17 dividend. This is an increase from goeasy’s previous quarterly dividend of $0.96. The ex-dividend date was Wednesday, March 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.66%. goeasy’s dividend payout ratio is presently 32.32%.

Insider Activity at goeasy

In other goeasy news, Director David Ingram sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total value of C$4,727,400.00. 22.53% of the stock is owned by company insiders.

goeasy Company Profile

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.