Q4 EPS Estimates for goeasy Cut by National Bank Financial

goeasy Ltd. (TSE:GSY) – National Bank Financial dropped their Q4 2024 earnings estimates for shares of goeasy in a report released on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $4.65 per share for the quarter, down from their previous estimate of $4.81. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share.

A number of other equities analysts have also commented on GSY. Scotiabank raised their price target on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Desjardins lowered their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. BMO Capital Markets downgraded shares of goeasy from an “outperform” rating to a “market perform” rating and dropped their price target for the company from C$218.00 to C$202.00 in a research report on Tuesday, October 22nd. Finally, National Bankshares increased their price target on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$219.33.

goeasy Stock Down 1.7 %

GSY stock opened at C$177.13 on Friday. goeasy has a fifty-two week low of C$108.84 and a fifty-two week high of C$206.02. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The stock has a market capitalization of C$2.98 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 0.84 and a beta of 1.87. The business’s fifty day moving average price is C$181.80 and its two-hundred day moving average price is C$183.64.

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

Insider Activity

In other news, Senior Officer Jason Mullins sold 4,500 shares of the company’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 value of C$846,000.00. Insiders own 22.05% of the company’s stock.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, October 11th were issued a $1.17 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $4.68 dividend on an annualized basis and a yield of 2.64%. goeasy’s payout ratio is presently 30.45%.

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.