National Bank Financial Lowers Earnings Estimates for goeasy

goeasy Ltd. (TSE:GSY - Free Report) - National Bank Financial dropped their Q4 2024 earnings per share (EPS) estimates for shares of goeasy in a note issued to investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now expects that the company will post earnings per share of $4.38 for the quarter, down from their prior forecast of $4.65. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. National Bank Financial also issued estimates for goeasy's FY2025 earnings at $20.02 EPS and FY2026 earnings at $23.21 EPS.

Several other equities analysts also recently weighed in on the company. Desjardins dropped their target price on goeasy from C$215.00 to C$210.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. National Bankshares increased their price objective on goeasy from C$235.00 to C$240.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Finally, BMO Capital Markets increased their price target on 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. According to MarketBeat.com, goeasy presently has a consensus rating of "Moderate Buy" and an average target price of C$219.89.

goeasy Trading Down 0.4 %

GSY stock traded down C$0.64 during mid-day trading on Tuesday, hitting C$167.00. 58,391 shares of the company were exchanged, compared to its average volume of 75,539. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. The firm has a market capitalization of C$2.81 billion, a P/E ratio of 10.87, a PEG ratio of 0.84 and a beta of 1.87. The business has a fifty day simple moving average of C$170.83 and a 200-day simple moving average of C$178.58. goeasy has a 12-month low of C$153.31 and a 12-month high of C$206.02.

goeasy (TSE:GSY - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$4.32 EPS for the quarter, beating 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 in the previous year, the firm earned $3.81 earnings per share.

Insider Buying and Selling at goeasy

In other news, Senior Officer Jason Mullins sold 2,500 shares of the company's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total transaction of C$429,400.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of goeasy stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total value of C$316,051.56. 22.05% of the stock is currently owned by insiders.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a $1.17 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.80%. goeasy's payout ratio is currently 30.45%.

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.