FY2023 EPS Estimates for goeasy Ltd. Lowered by Analyst (TSE:GSY)

goeasy Ltd. (TSE:GSYGet Rating) – Equities researchers at Desjardins dropped their FY2023 EPS estimates for shares of goeasy in a note issued to investors on Monday, November 21st. Desjardins analyst G. Ho now expects that the company will post earnings per share of $14.31 for the year, down from their prior forecast of $14.40. The consensus estimate for goeasy’s current full-year earnings is $14.46 per share. Desjardins also issued estimates for goeasy’s FY2024 earnings at $17.51 EPS.

A number of other brokerages have also issued reports on GSY. TD Securities set a C$200.00 target price on goeasy and gave the company a “buy” rating in a research report on Monday. CIBC raised their price objective on goeasy from C$160.00 to C$180.00 and gave the stock an “outperform” rating in a research report on Friday, November 11th. Cormark cut their price objective on goeasy from C$190.00 to C$180.00 in a research report on Tuesday. Scotiabank raised their price objective on goeasy from C$164.00 to C$165.00 in a research report on Tuesday. Finally, Raymond James raised their price objective on goeasy from C$202.00 to C$205.00 and gave the stock a “strong-buy” rating in a research report on Friday, November 11th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, goeasy presently has an average rating of “Buy” and a consensus target price of C$191.29.

goeasy Price Performance

Shares of TSE GSY opened at C$120.12 on Thursday. The stock has a market capitalization of C$1.91 billion and a price-to-earnings ratio of 12.54. goeasy has a 12 month low of C$95.00 and a 12 month high of C$188.75. The firm’s 50 day simple moving average is C$112.86 and its 200-day simple moving average is C$113.01. The company has a debt-to-equity ratio of 277.31, a current ratio of 28.55 and a quick ratio of 28.46.

goeasy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Friday, December 30th will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend is Thursday, December 29th. goeasy’s dividend payout ratio is currently 35.39%.

goeasy Company Profile

(Get Rating)

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.

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Earnings History and Estimates for goeasy (TSE:GSY)

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