goeasy (TSE:GSY) Price Target Increased to C$215.00 by Analysts at BMO Capital Markets

goeasy (TSE:GSY) had its price objective raised by BMO Capital Markets from C$208.00 to C$215.00 in a research report sent to investors on Thursday morning, BayStreet.CA reports.

Several other research analysts have also recently weighed in on GSY. Raymond James boosted their price objective on shares of goeasy from C$200.00 to C$225.00 and gave the company an outperform rating in a report on Wednesday, May 8th. National Bankshares boosted their price objective on shares of goeasy from C$195.00 to C$210.00 and gave the company an outperform rating in a report on Tuesday, April 30th. Colliers Securities boosted their price objective on shares of goeasy from C$200.00 to C$220.00 in a report on Wednesday, May 8th. CIBC boosted their price objective on shares of goeasy from C$220.00 to C$230.00 and gave the company an outperform rating in a report on Wednesday, May 8th. Finally, Scotiabank boosted their target price on shares of goeasy from C$200.00 to C$215.00 in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of C$211.00.

goeasy Stock Up 1.8 %

Shares of goeasy stock opened at C$199.99 on Thursday. The company has a debt-to-equity ratio of 284.07, a quick ratio of 28.46 and a current ratio of 26.61. The stock has a market capitalization of C$3.35 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95. goeasy has a 52-week low of C$101.34 and a 52-week high of C$206.02. The company has a 50-day simple moving average of C$186.86 and a two-hundred day simple moving average of C$173.88.

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

goeasy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Friday, July 12th were given a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.34%. goeasy’s dividend payout ratio is 31.47%.

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.