Goeasy Ltd. Fiscal Year 2022 Profit Estimate issued by Cormark (TSE:GSY)

goeasy ltd. (EAST: GSYGet a rating) – Cormark equity research analysts have reduced their earnings per share (EPS) estimates for the fiscal year 2022 for goeasy in a research note published on Friday, November 11. Cormark analyst J. Fenwick now expects the company to earn $11.40 per share for the year, down from its previous estimate of $11.59. The consensus estimate of goeasy’s current annual earnings is $14.55 per share. Cormark also released estimates for goeasy Q4 2022 earnings at $2.90 EPS, Q1 2023 earnings at $3.30 EPS and Q2 2023 earnings at $3.38 EPS.

Several other research companies have also recently commented on GSY. National Bankshares raised its price target on goeasy from CA$155.00 to CA$170.00 and gave the company an “outperform” rating in a Thursday, August 11 research note. BMO Capital Markets raised its target price on goeasy shares from C$225.00 to C$234.00 in a Friday, August 12 report. CIBC raised its target price on goeasy shares from C$160.00 to C$180.00 and gave the company an “outperform” rating in a report released Friday. Raymond James raised his target price on goeasy shares from C$202.00 to C$205.00 and gave the company a “strong buy” rating in a report on Friday. Finally, Scotiabank raised its target price on goeasy shares from C$140.00 to C$160.00 in a Friday, August 12 report. One analyst gave the stock a hold rating, three gave the stock a buy rating and one gave the stock a strong buy rating. According to data from MarketBeat, the company has an average buy rating and a consensus target price of C$190.57.

Tariff performance

easy stock opened at C$130.40 on Monday. goeasy has a 12-month low of C$95.00 and a 12-month high of C$199.56. The company has a current ratio of 28.55, a quick ratio of 28.46 and a debt ratio of 277.31. The company’s 50-day simple moving average is C$113.19 and its 200-day simple moving average is C$112.82. The company has a market cap of C$2.07 billion and a price-earnings ratio of 12.56.

goeasy announces dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 13. Shareholders of record on Friday, December 30 will receive a dividend of $0.91. The ex-dividend date is Thursday, December 29. This represents an annualized dividend of $3.64 and a dividend yield of 2.79%. goeasy’s payout rate is currently 30.25%.

Company Profile

(Get a rating)

goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.

Further reading

History and revenue estimates for goeasy (TSE:GSY)

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider goeasy, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five actions that top analysts are quietly whispering to their clients to buy now before the market spreads… and goeasy was not on the list.

Although goeasy currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

About Adam Gray

Check Also

HAWTHORN BANCSHARES, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-Q)

Forward-looking statements This report contains certain forward-looking statements regarding the financial condition, results of operations, …