National Bank Financial Cuts Earnings Estimates for goeasy

goeasy Ltd. (TSE:GSY) – Stock analysts at National Bank Financial lowered their Q4 2024 earnings estimates for goeasy in a report issued on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now anticipates that the company will earn $4.38 per share 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.

A number of other research firms have also recently commented on GSY. Desjardins cut their price target on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. National Bankshares increased their target price on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, BMO Capital Markets increased their target price on shares of goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$219.89.

goeasy Trading Down 8.3 %

Shares of GSY opened at C$162.18 on Tuesday. The company’s fifty day simple moving average is C$171.19 and its 200-day simple moving average is C$179.10. 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 has a market cap of C$2.72 billion, a P/E ratio of 10.55, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a twelve month low of C$151.80 and a twelve month high of C$206.02.

goeasy (TSE:GSY) last released its earnings results 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 net margin of 33.40% and a return on equity of 25.28%. During the same period in the prior year, the firm earned $3.81 EPS.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were issued a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.89%. goeasy’s dividend payout ratio is presently 30.45%.

Insider Activity at goeasy

In other news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total transaction of C$316,051.56. Also, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of the stock in a transaction dated Friday, November 15th. The shares were bought at an average cost of C$172.62 per share, with a total value of C$526,491.00. 22.05% of the stock is 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.