Desjardins Has Pessimistic Outlook of goeasy FY2025 Earnings

by · The Cerbat Gem

goeasy Ltd. (TSE:GSYFree Report) – Desjardins cut their FY2025 EPS estimates for shares of goeasy in a research report issued on Sunday, November 10th. Desjardins analyst G. Ho now forecasts that the company will post earnings of $19.68 per share for the year, down from their previous estimate of $19.73. Desjardins currently has a “Buy” rating and a $210.00 target price on the stock. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Desjardins also issued estimates for goeasy’s FY2026 earnings at $22.85 EPS.

Several other analysts also recently commented on the stock. National Bankshares upped their price target on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Scotiabank upped their price target on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Finally, BMO Capital Markets upped their price target on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, goeasy has a consensus rating of “Moderate Buy” and a consensus target price of C$219.89.

Check Out Our Latest Report on GSY

goeasy Stock Down 0.7 %

Shares of TSE:GSY opened at C$177.94 on Tuesday. The company has a market capitalization of C$2.99 billion, a PE ratio of 11.58, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. goeasy has a twelve month low of C$121.33 and a twelve month high of C$206.02. The firm has a 50 day simple moving average of C$180.20 and a 200-day simple moving average of C$184.02.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be paid a dividend of $1.17 per share. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.63%. goeasy’s dividend payout ratio (DPR) is presently 30.45%.

Insider Transactions at goeasy

In other news, Senior Officer Jason Mullins sold 4,500 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total transaction of C$846,000.00. Corporate insiders own 22.05% of the company’s stock.

About goeasy

(Get Free Report)

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.

See Also