FY2024 Earnings Estimate for goeasy Issued By Desjardins

goeasy Ltd. (TSE:GSY - Free Report) - Investment analysts at Desjardins reduced their FY2024 earnings per share estimates for shares of goeasy in a report released on Monday, January 27th. Desjardins analyst G. Ho now expects that the company will post earnings per share of $16.63 for the year, down from their prior estimate of $16.79. Desjardins currently has a "Buy" rating and a $210.00 price objective on the stock. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. Desjardins also issued estimates for goeasy's Q4 2024 earnings at $4.38 EPS and FY2025 earnings at $19.74 EPS.

A number of other equities analysts have also recently commented on GSY. National Bankshares lifted their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th. BMO Capital Markets boosted their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$219.89.

goeasy Price Performance

GSY traded down C$7.18 on Thursday, hitting C$176.93. 115,586 shares of the company's stock traded hands, compared to its average volume of 65,215. The firm has a market cap of C$2.97 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a one year low of C$150.21 and a one year high of C$206.02. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. The company's 50 day simple moving average is C$171.42 and its 200-day simple moving average is C$179.22.

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goeasy (TSE:GSY - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$4.32 EPS for the quarter, topping the consensus estimate of C$4.16 by C$0.16. goeasy had a return on equity of 25.28% and a net margin of 33.40%. During the same period last year, the business posted $3.81 earnings per share.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a dividend of $1.17 per share. The ex-dividend date was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.65%. goeasy's dividend payout ratio (DPR) is presently 30.45%.

Insider Buying and Selling at goeasy

In other goeasy news, Senior Officer Patrick Ryan Doris Ens purchased 3,050 shares of the firm's stock in a transaction dated Friday, November 15th. The shares were acquired at an average price of C$172.62 per share, with a total value of C$526,491.00. Also, Senior Officer Jason Mullins sold 2,500 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total value of C$429,400.00. 22.05% of the stock is currently owned by insiders.

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.