goeasy (TSE:GSY) Given New C$225.00 Price Target at Royal Bank of Canada

goeasy (TSE:GSY) had its target price boosted by Royal Bank of Canada from C$201.00 to C$225.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research analysts have also weighed in on GSY. National Bankshares increased their target price on goeasy from C$195.00 to C$210.00 and gave the stock an outperform rating in a research report on Tuesday, April 30th. Scotiabank raised their price objective on goeasy from C$183.00 to C$190.00 and gave the stock a sector perform rating in a report on Tuesday, April 30th. Cormark boosted their target price on goeasy from C$193.00 to C$200.00 and gave the stock a buy rating in a report on Wednesday, February 14th. Desjardins raised their price target on shares of goeasy from C$185.00 to C$190.00 and gave the company a buy rating in a report on Monday, April 22nd. Finally, Raymond James lifted their price target on shares of goeasy from C$166.00 to C$200.00 and gave the company an outperform rating in a research report on Thursday, February 15th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of C$206.20.

goeasy Stock Up 3.3 %

GSY opened at C$190.60 on Wednesday. The stock has a market capitalization of C$3.17 billion, a price-to-earnings ratio of 13.16, a price-to-earnings-growth ratio of 0.84 and a beta of 1.97. goeasy has a 12 month low of C$94.20 and a 12 month high of C$191.00. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. The business has a 50-day moving average of C$168.49 and a two-hundred day moving average of C$154.58.

goeasy (TSE:GSY) last released its earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$3.92 by C$0.09. The firm had revenue of C$338.11 million during the quarter, compared to the consensus estimate of C$340.35 million. goeasy had a net margin of 33.21% and a return on equity of 25.77%. On average, research analysts expect that goeasy will post 16.6561044 earnings per share for the current year.

goeasy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were given a $1.17 dividend. This is an increase from goeasy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $4.68 annualized dividend and a yield of 2.46%. goeasy’s dividend payout ratio (DPR) is 32.32%.

Insider Transactions at goeasy

In related news, Director David Ingram sold 30,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. Corporate insiders own 22.18% 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.