Panic-Proof Portfolio TOP PICK
goeasy(GSY-T)
29/08/2023
Stockchase Research Editor: Michael O'Reilly
With annual dividend growth of 26% and EPS growth of 29%, GSY is reiterated as a TOP PICK. It trades at 12x earnings, 2.2x book and supports a ROE of 21%. It has been prudently using some cash reserves to aggressively retire debt. It pays a good dividend, backed by a payout ratio under 35% of cash flow. We recommend trailing up the stop (from $99) to $116, looking to achieve $173 -- upside over 30%.
(Analysts’ price target is $173.50)
Financial Services
$127.740