goeasy (GSY) Set to Announce Earnings on Thursday

goeasy (TSE:GSY) will issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of C$4.14 per share for the quarter.

goeasy (TSE:GSY) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$4.10 EPS for the quarter, beating analysts’ consensus estimates of C$4.01 by C$0.09. goeasy had a return on equity of 25.28% and a net margin of 33.40%. The firm had revenue of C$377.80 million during the quarter, compared to the consensus estimate of C$372.40 million.

goeasy Price Performance

GSY stock opened at C$180.17 on Thursday. The stock’s 50 day moving average is C$181.90 and its two-hundred day moving average is C$183.58. goeasy has a 52-week low of C$108.84 and a 52-week high of C$206.02. The company has a market capitalization of C$3.03 billion, a PE ratio of 11.72, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, October 11th were paid a $1.17 dividend. The ex-dividend date was Friday, September 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.60%. goeasy’s dividend payout ratio (DPR) is presently 30.45%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Scotiabank boosted their target price on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. National Bankshares boosted their price objective on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday. Desjardins reduced their target price on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Finally, BMO Capital Markets downgraded goeasy from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$218.00 to C$202.00 in a report on Tuesday, October 22nd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$219.33.

Insider Transactions at goeasy

In related news, Senior Officer Jason Mullins sold 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total transaction of C$846,000.00. Insiders own 22.05% of the company’s stock.

goeasy Company Profile

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.