goeasy (GSY) to Release Earnings on Thursday

goeasy (TSE:GSY) is scheduled to be releasing its earnings data after the market closes on Thursday, August 8th. Analysts expect goeasy to post earnings of C$4.04 per share for the quarter.

goeasy (TSE:GSY) last released its earnings results on Tuesday, May 7th. The company reported C$3.83 EPS for the quarter, topping the consensus estimate of C$3.77 by C$0.06. The firm had revenue of C$357.11 million during the quarter, compared to analysts’ expectations of C$350.44 million. goeasy had a net margin of 33.32% and a return on equity of 25.47%.

goeasy Stock Down 0.6 %

GSY stock opened at C$192.50 on Wednesday. The stock has a market capitalization of C$3.22 billion, a P/E ratio of 12.95, a PEG ratio of 0.84 and a beta of 1.95. The company has a debt-to-equity ratio of 284.07, a quick ratio of 28.46 and a current ratio of 26.61. goeasy has a one year low of C$101.34 and a one year high of C$206.02. The company has a 50 day moving average price of C$190.00 and a two-hundred day moving average price of C$175.61.

goeasy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Friday, July 12th were paid 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 2.43%. goeasy’s payout ratio is currently 31.47%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. National Bankshares boosted their price objective on shares of goeasy from C$210.00 to C$235.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. BMO Capital Markets boosted their price objective on shares of goeasy from C$208.00 to C$215.00 in a research note on Thursday, July 25th. Desjardins boosted their price objective on shares of goeasy from C$190.00 to C$205.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Raymond James boosted their price objective on shares of goeasy from C$200.00 to C$225.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th. Finally, CIBC boosted their price objective on shares of 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 research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$218.89.

About goeasy

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.