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

goeasy (TSE:GSY) had its price target hoisted by BMO Capital Markets from C$208.00 to C$215.00 in a report released on Thursday morning, BayStreet.CA reports.

Other equities research analysts also recently issued reports about the company. Raymond James raised their target price on goeasy from C$200.00 to C$225.00 and gave the company an outperform rating in a report on Wednesday, May 8th. Desjardins raised their target price on goeasy from C$190.00 to C$205.00 and gave the company a buy rating in a report on Wednesday, May 8th. Royal Bank of Canada lifted their price objective on goeasy from C$201.00 to C$225.00 and gave the stock an outperform rating in a report on Wednesday, May 8th. Colliers Securities lifted their price objective on goeasy from C$200.00 to C$220.00 in a report on Wednesday, May 8th. Finally, National Bankshares lifted their price objective on goeasy from C$195.00 to C$210.00 and gave the stock an outperform rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and an average price target of C$211.00.

goeasy Stock Performance

goeasy stock opened at C$199.99 on Thursday. The stock’s 50-day moving average is C$186.86 and its 200-day moving average is C$173.88. The company has a market cap of C$3.35 billion, a price-to-earnings ratio of 13.45, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95. The company has a debt-to-equity ratio of 284.07, a current ratio of 26.61 and a quick ratio of 28.46. goeasy has a 12 month low of C$101.34 and a 12 month high of C$206.02.

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

goeasy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 12th. Stockholders of record on Friday, July 12th were issued a $1.17 dividend. The ex-dividend date was Friday, June 28th. This represents a $4.68 annualized dividend and a dividend yield of 2.34%. goeasy’s dividend payout ratio (DPR) is 31.47%.

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.