goeasy (TSE:GSY) Price Target Raised to C$190.00

goeasy (TSE:GSY) had its target price boosted by Desjardins from C$185.00 to C$190.00 in a report published on Monday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Other research analysts also recently issued reports about the company. Cormark boosted their price objective on goeasy from C$193.00 to C$200.00 and gave the company a buy rating in a research note on Wednesday, February 14th. Scotiabank raised their price objective on shares of goeasy from C$145.00 to C$170.00 and gave the stock a sector perform rating in a research report on Wednesday, January 31st. Royal Bank of Canada boosted their target price on shares of goeasy from C$193.00 to C$195.00 and gave the company an outperform rating in a research report on Wednesday, February 14th. National Bankshares raised their price target on shares of goeasy from C$190.00 to C$195.00 and gave the stock an outperform rating in a report on Wednesday, February 14th. Finally, CIBC lifted their price target on shares of goeasy from C$175.00 to C$200.00 and gave the company an outperform rating in a research note on Wednesday, April 17th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, goeasy has a consensus rating of Moderate Buy and a consensus target price of C$189.67.

goeasy Stock Performance

Shares of GSY stock opened at C$174.93 on Monday. The stock has a market capitalization of C$2.91 billion, a PE ratio of 12.15, a PEG ratio of 0.84 and a beta of 2.03. The business’s 50 day simple moving average is C$166.06 and its 200 day simple moving average is C$149.56. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. goeasy has a one year low of C$87.00 and a one year high of C$180.10.

goeasy (TSE:GSY) last posted its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 EPS for the quarter, beating analysts’ consensus estimates of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The company had revenue of C$338.11 million for the quarter, compared to analyst estimates of C$340.35 million. As a group, research analysts forecast that goeasy will post 16.5811069 earnings per share for the current year.

goeasy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were issued a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date was Wednesday, March 27th. This is a positive change from goeasy’s previous quarterly dividend of $0.96. goeasy’s dividend payout ratio is currently 32.32%.

Insider Activity at goeasy

In other goeasy news, Director David Ingram sold 30,000 shares of the business’s stock in a transaction that occurred 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. 22.53% of the stock is owned by 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.