goeasy (GSY) Set to Announce Quarterly Earnings on Tuesday

goeasy (TSE:GSY) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$3.80 per share for the quarter.

goeasy (TSE:GSY) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of C$3.92 by C$0.09. The business had revenue of C$338.11 million for 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%.

goeasy Stock Down 0.1 %

goeasy stock opened at C$181.60 on Monday. goeasy has a 12 month low of C$87.00 and a 12 month high of C$184.24. The stock has a fifty day simple moving average of C$167.33 and a two-hundred day simple moving average of C$153.25. 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$3.02 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.84 and a beta of 1.97.

goeasy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were given a dividend of $1.17 per share. The ex-dividend date was Wednesday, March 27th. This is a boost from goeasy’s previous quarterly dividend of $0.96. This represents a $4.68 annualized dividend and a dividend yield of 2.58%. goeasy’s dividend payout ratio (DPR) is 32.32%.

Insider Transactions at goeasy

In related news, Director David Ingram sold 30,000 shares of goeasy stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. Corporate insiders own 22.18% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on GSY shares. Desjardins upped their target price on shares of goeasy from C$185.00 to C$190.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. 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 target price on shares of goeasy from C$166.00 to C$200.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Scotiabank boosted their target price on shares of goeasy from C$183.00 to C$190.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 30th. Finally, Royal Bank of Canada raised their price target on goeasy from C$195.00 to C$201.00 and gave the stock an “outperform” rating in a research note on Monday, April 29th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, goeasy has a consensus rating of “Moderate Buy” and a consensus price target of C$196.44.

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.