goeasy (TSE:GSY) PT Raised to C$220.00

goeasy (TSE:GSY) had its price objective hoisted by Colliers Securities from C$200.00 to C$220.00 in a research report released on Wednesday, BayStreet.CA reports.

Several other equities analysts have also recently weighed in on GSY. Royal Bank of Canada raised their price objective on goeasy from C$195.00 to C$201.00 and gave the company an outperform rating in a report on Monday, April 29th. Raymond James raised their price target on goeasy from C$166.00 to C$200.00 and gave the company an outperform rating in a research note on Thursday, February 15th. BMO Capital Markets upped their price objective on goeasy from C$187.00 to C$192.00 and gave the stock an outperform rating in a research note on Thursday, February 15th. Desjardins raised 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. Finally, National Bankshares upped their price target on shares of goeasy from C$195.00 to C$210.00 and gave the stock an outperform rating in a research report on Tuesday, April 30th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus target price of C$206.20.

goeasy Trading Up 3.3 %

TSE:GSY opened at C$190.60 on Wednesday. The company has a market cap of C$3.17 billion, a P/E ratio of 13.16, a price-to-earnings-growth ratio of 0.84 and a beta of 1.97. goeasy has a twelve month low of C$94.20 and a twelve month high of C$191.00. The business has a 50 day moving average price of C$168.49 and a two-hundred day moving average price of C$154.58. The company has a quick ratio of 28.46, a current ratio of 15.62 and a debt-to-equity ratio of 278.25.

goeasy (TSE:GSY) last announced its earnings results on Tuesday, February 13th. The company reported C$4.01 EPS for the quarter, topping the consensus estimate of C$3.92 by C$0.09. The business had revenue of C$338.11 million during the quarter, compared to analysts’ expectations of C$340.35 million. goeasy had a net margin of 33.21% and a return on equity of 25.77%. As a group, analysts expect that goeasy will post 16.6561044 EPS for the current fiscal year.

goeasy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were issued a dividend of $1.17 per share. This is an increase from goeasy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $4.68 annualized dividend and a yield of 2.46%. goeasy’s dividend payout ratio (DPR) is currently 32.32%.

Insider Transactions at goeasy

In related news, Director David Ingram sold 30,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. 22.18% of the stock is currently owned by corporate insiders.

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.