goeasy (TSE:GSY) Price Target Increased to C$225.00 by Analysts at Raymond James

goeasy (TSE:GSY) had its target price hoisted by equities researchers at Raymond James from C$200.00 to C$225.00 in a research note issued on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price objective would indicate a potential upside of 25.61% from the stock’s previous close. Raymond James also issued estimates for goeasy’s Q2 2024 earnings at $3.90 EPS and Q2 2025 earnings at $4.81 EPS.

GSY has been the subject of a number of other research reports. CIBC raised their price objective on goeasy from C$220.00 to C$230.00 and gave the stock an “outperform” rating in a research report on Wednesday. Cormark boosted their price target on goeasy from C$193.00 to C$200.00 and gave the stock a “buy” rating in a research note on Wednesday, February 14th. Colliers Securities increased their price objective on shares of goeasy from C$200.00 to C$220.00 in a research report on Wednesday. Desjardins lifted their target price on shares of goeasy from C$185.00 to C$190.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, Scotiabank upped their price target on shares of goeasy from C$183.00 to C$190.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$208.80.

goeasy Trading Down 6.0 %

Shares of TSE GSY opened at C$179.13 on Wednesday. goeasy has a 1-year low of C$100.03 and a 1-year high of C$192.08. The business has a fifty day moving average price of C$168.74 and a 200 day moving average price of C$154.75. The stock has a market capitalization of C$2.98 billion, a P/E ratio of 12.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.97. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46.

goeasy (TSE:GSY) last released its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share for the quarter, beating analysts’ consensus estimates of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The business had revenue of C$338.11 million for the quarter, compared to analysts’ expectations of C$340.35 million. Equities research analysts expect that goeasy will post 16.6561044 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director David Ingram sold 30,000 shares of goeasy stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. 22.18% of the stock is currently owned by insiders.

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.