Desjardins Weighs in on goeasy Ltd’s FY2017 Earnings (GSY)

goeasy Ltd (TSE:GSY) – Analysts at Desjardins upped their FY2017 EPS estimates for goeasy in a report issued on Thursday. Desjardins analyst G. Ho now forecasts that the company will post earnings per share of $3.05 for the year, up from their prior estimate of $3.02. Desjardins also issued estimates for goeasy’s Q4 2017 earnings at $0.87 EPS and FY2019 earnings at $4.51 EPS.

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Several other research analysts also recently commented on GSY. BMO Capital Markets lifted their price objective on goeasy from C$38.00 to C$39.00 in a report on Friday. Raymond James Financial, Inc. boosted their price target on goeasy from C$34.00 to C$39.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of C$39.40.

goeasy (GSY) opened at C$33.25 on Monday.

In other goeasy news, insider Shane Pennell purchased 2,000 shares of goeasy stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average price of C$26.26 per share, for a total transaction of C$52,520.00. Also, Director David Ingram purchased 1,500 shares of goeasy stock in a transaction that occurred on Monday, August 28th. The shares were acquired at an average price of C$26.36 per share, for a total transaction of C$39,540.00. In the last 90 days, insiders have purchased 4,000 shares of company stock worth $105,060.

About goeasy

goeasy Ltd. is a Canada-based full-service provider of goods and alternative financial services. The Company is engaged in providing loans and other financial services to consumers, and leasing household products to consumers. It operates in two segments: easyfinancial and easyhome. Its easyhome segment consists of four product categories: furniture, electronics, computers and appliances, which are offered under weekly or monthly leasing agreements.

Earnings History and Estimates for goeasy (TSE:GSY)

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