goeasy (TSE:GSY) Price Target Raised to C$220.00 at Colliers Securities

goeasy (TSE:GSY) had its target price hoisted by Colliers Securities from C$200.00 to C$220.00 in a research report released on Wednesday, BayStreet.CA reports.

GSY has been the topic of several other research reports. Scotiabank raised their price target 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 price target on shares of goeasy from C$193.00 to C$200.00 and gave the company a buy rating in a report on Wednesday, February 14th. Desjardins upped their price target on shares of goeasy from C$185.00 to C$190.00 and gave the stock a buy rating in a research report on Monday, April 22nd. Raymond James lifted their price objective 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. Finally, CIBC boosted their target price on shares of goeasy from C$200.00 to C$220.00 and gave the company an outperform rating in a research note on Friday, April 26th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus price target of C$206.20.

goeasy Stock Up 3.3 %

Shares of TSE:GSY opened at C$190.60 on Wednesday. The company’s fifty day moving average is C$168.49 and its two-hundred day moving average is C$154.58. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. goeasy has a 1-year low of C$94.20 and a 1-year high of C$191.00. 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 (TSE:GSY) last issued its earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The firm had revenue of C$338.11 million for the quarter, compared to analysts’ expectations of C$340.35 million. Equities analysts anticipate that goeasy will post 16.6561044 EPS for the current year.

goeasy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were given a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.46%. This is an increase from goeasy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, March 27th. goeasy’s payout ratio 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 that occurred 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. Company 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.