EPS estimates for the financial year 2021 for goeasy Ltd. (TSE: GSY) raised by analyst
goeasy ltd. (TSE:GSY) – Stock analysts at Cormark raised their full-year 2021 EPS estimates for goeasy in a research report released Tuesday, February 1. Cormark analyst J. Fenwick now expects the company to post earnings of $10.34 per share for the year, up from its previous estimate of $10.32. Cormark also released estimates for goeasy Q4 2021 earnings at $2.70 EPS, Q1 2022 earnings at $2.75 EPS, Q2 2022 earnings at $3.01 EPS, Q3 2022 earnings at $3.42 EPS, Q4 2022 earnings at $3.44 EPS, fiscal year 2022 earnings at $12.63 EPS, Q1 2023 earnings at $3.80 EPS, Q2 2023 earnings at $3.87 EPS, Q3 2023 earnings at $3.98 EPS, Q4 2023 earnings at $4.00 EPS and FY2023 earnings at $15.65 EPS. goeasy (TSE:GSY) last released its quarterly earnings data on Wednesday, November 3. The company reported earnings per share of C$2.70 for the quarter, missing the Zacks consensus estimate of C$2.79 per C ($0.09). The company posted revenue of C$219.76 million in the quarter, compared to C$219.93 million expected by analysts.
Other stock analysts have also published research reports on the company. National Bank Financial raised its price target on goeasy to C$220.00 and gave the company an “outperform” rating in a Friday, Nov. 5 research note. Desjardins raised its price target on goeasy from CA$190.00 to CA$202.00 and gave the company a “buy” rating in a Monday, October 18 research note. National Bankshares raised its price target on goeasy from C$196.00 to C$220.00 and gave the stock an “outperform” rating in a Friday, November 5 report. BMO Capital Markets raised its price target on goeasy from C$207.00 to C$226.00 and gave the stock an “na” rating in a report on Friday, November 5. Finally, Raymond James raised his price target on goeasy from C$182.00 to C$207.00 and gave the stock an “outperform” rating in a Friday, November 5 report. One research analyst rated the stock with a hold rating and seven gave the company a buy rating. According to data from MarketBeat, the stock has an average buy price and an average target price of C$213.25.
Shares of GSY Stock opened at C$157.58 on Wednesday. The company has a market cap of C$2.56 billion and a price-earnings ratio of 10.56. The company has a debt ratio of 185.54, a current ratio of 14.55 and a quick ratio of 14.48. The company has a fifty-day moving average of C$169.78 and a 200-day moving average of C$182.37. goeasy has a 1-year minimum of CA$97.74 and a 1-year maximum of CA$218.35.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 14. Shareholders of record on Friday, January 14 received a dividend of $0.66. The ex-dividend date was Thursday, December 30. This represents an annualized dividend of $2.64 and a yield of 1.68%. goeasy’s dividend payout ratio is currently 16.29%.
In other easy news, director Susan Doniz purchased 150 shares of the company in a trade dated Monday, Nov. 29. The stock was acquired at an average price of CA$187.44 per share, for a total transaction of CA$28,116.00. Following the completion of the purchase, the director now owns 1,850 shares of the company, valued at C$346,764. Additionally, director Karen Basian purchased 1,000 shares of the company in a transaction dated Monday, November 22. The shares were acquired at an average price of CA$193.32 per share, with a total value of CA$193,318.00. As a result of the purchase, the director now directly owns 12,000 shares of the company, valued at approximately C$2,319,816.
goeasy ltd. provides loans and other financial services to consumers in Canada. It also rents household products to consumers. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans, as well as secured savings loans; loan protection plans; and optional home and auto insurance products, which offer roadside assistance and a suite of other support services, as well as credit monitoring services.
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