National Bankshares Raises goeasy (TSE:GSY) Price Target to C$235.00

goeasy (TSE:GSY) had its price objective hoisted by National Bankshares from C$210.00 to C$235.00 in a report issued on Monday, BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other equities research analysts have also recently issued reports on GSY. BMO Capital Markets upped their target price on goeasy from C$208.00 to C$215.00 in a research report on Thursday, July 25th. Colliers Securities raised their target price on shares of goeasy from C$200.00 to C$220.00 in a research note on Wednesday, May 8th. Desjardins upped their price target on shares of goeasy from C$190.00 to C$205.00 and gave the company a buy rating in a report on Wednesday, May 8th. Royal Bank of Canada lifted their price objective on goeasy from C$201.00 to C$225.00 and gave the stock an outperform rating in a research note on Wednesday, May 8th. Finally, CIBC increased their target price on goeasy from C$220.00 to C$230.00 and gave the company an outperform rating in a research note on Wednesday, May 8th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus target price of C$218.89.

goeasy Stock Performance

Shares of TSE GSY opened at C$199.84 on Monday. The company has a debt-to-equity ratio of 284.07, a current ratio of 26.61 and a quick ratio of 28.46. goeasy has a one year low of C$101.34 and a one year high of C$206.02. The business’s 50-day moving average price is C$188.50 and its two-hundred day moving average price is C$174.64. The company has a market capitalization of C$3.34 billion, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95.

goeasy (TSE:GSY) last released its quarterly earnings data on Tuesday, May 7th. The company reported C$3.83 EPS for the quarter, topping analysts’ consensus estimates of C$3.77 by C$0.06. The firm had revenue of C$357.11 million for the quarter, compared to the consensus estimate of C$350.44 million. goeasy had a return on equity of 25.47% and a net margin of 33.32%. Analysts anticipate that goeasy will post 17.2156863 earnings per share for the current fiscal year.

goeasy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Friday, July 12th were given a $1.17 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $4.68 annualized dividend and a yield of 2.34%. goeasy’s dividend payout ratio (DPR) is currently 31.47%.

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.