goeasy (TSE:GSY) Price Target Raised to C$215.00

goeasy (TSE:GSY) had its price objective upped by Scotiabank from C$200.00 to C$215.00 in a report published on Wednesday morning, BayStreet.CA reports.

Several other research analysts have also commented on the stock. Royal Bank of Canada upped their price objective on shares of goeasy from C$201.00 to C$225.00 and gave the stock an outperform rating in a report on Wednesday, May 8th. Desjardins increased their price target on shares of goeasy from C$190.00 to C$205.00 and gave the stock a buy rating in a research note on Wednesday, May 8th. Colliers Securities increased their price target on shares of goeasy from C$200.00 to C$220.00 in a research note on Wednesday, May 8th. Raymond James increased their price target on shares of goeasy from C$200.00 to C$225.00 and gave the stock an outperform rating in a research note on Wednesday, May 8th. Finally, BMO Capital Markets increased their price target on shares of goeasy from C$192.00 to C$208.00 in a research note on Thursday, May 9th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, goeasy currently has a consensus rating of Moderate Buy and a consensus target price of C$211.00.

goeasy Price Performance

Shares of goeasy stock opened at C$199.99 on Wednesday. goeasy has a 52-week low of C$101.34 and a 52-week high of C$206.02. The stock has a market capitalization of C$3.35 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95. The company has a fifty day moving average of C$186.39 and a 200-day moving average of C$173.40. The company has a debt-to-equity ratio of 284.07, a quick ratio of 28.46 and a current ratio of 26.61.

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

goeasy Announces Dividend

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