Q2 2022 EPS estimates for goeasy Ltd. Decreased by analyst (TSE: GSY)
goeasy ltd. (TSE: GSY- Get a rating) – Cormark analysts cut their Q2 2022 earnings estimates for goeasy shares in a report released Tuesday, June 28. Cormark analyst J. Fenwick now expects the company to post earnings per share of $2.82 for the quarter, down from its previous estimate of $2.83. The consensus estimate of goeasy’s current annual earnings is $14.64 per share. Cormark also released estimates for goeasy Q3 2022 earnings at $3.15 EPS, Q4 2022 earnings at $3.54 EPS and full year 2022 earnings at $12.23 EPS. goeasy (TSE:GSY – Get a rating) last released its quarterly earnings data on Wednesday, May 11. The company reported EPS of C$2.72 for the quarter, missing analyst consensus estimates of C$2.78 by C$0.06. The company reported revenue of C$232.14 million for the quarter, compared to the consensus estimate of C$233.25 million.
Several other stock analysts also weighed in on GSY. TD Securities reduced its price target on goeasy shares from C$220.00 to C$215.00 and set a “buy” rating on the stock in a Friday, May 13 research report. CIBC cut its price target on goeasy shares from C$200.00 to C$180.00 and set an “outperform” rating for the stock in a Thursday, May 12 research report. Scotiabank cut its price target on goeasy shares from C$170.00 to C$160.00 in a Friday, May 13 research report. Raymond James raised his price target on goeasy shares from C$207.00 to C$213.00 and gave the company a “Strong Buy” rating in a Thursday, May 12 research report. Finally, National Bankshares reduced its price target on goeasy shares from C$220.00 to C$155.00 and set an “outperform” rating for the stock in a Thursday, May 12 research report. One equity research analyst gave the stock a hold rating, five gave the company a buy rating and one gave the company a strong buy rating. Based on MarketBeat data, the stock currently has an average “buy” rating and an average target price of C$196.25.
TSE GSY opened Wednesday at C$100.96. The company has a 50-day simple moving average of C$110.38 and a 200-day simple moving average of C$136.29. The company has a debt ratio of 240.20, a current ratio of 16.00 and a quick ratio of 15.94. The company has a market cap of C$1.60 billion and a price-to-earnings ratio of 11.18. goeasy has a 52 week low of C$95.00 and a 52 week high of C$218.35.
The company also recently declared a quarterly dividend, which will be paid on Friday, July 8. Shareholders of record on Friday, July 8 will receive a dividend of $0.91 per share. The ex-dividend date is Thursday, June 23. This represents a dividend of $3.64 on an annualized basis and a yield of 3.61%. goeasy’s dividend payout rate is currently 32.00%.
About goeasy (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.
This instant news alert was powered by MarketBeat’s storytelling 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]
Should you invest $1,000 in goeasy right now?
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 stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and goeasy wasn’t on the list.
Although goeasy currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the 5 actions here