goeasy Ltd. (TSE:GSY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of goeasy Ltd. (TSE:GSY) have been given an average rating of “Moderate Buy” by the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$219.89.

A number of equities analysts recently commented on GSY shares. BMO Capital Markets upped their target price on goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Desjardins decreased their target price on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. National Bankshares upped their target price on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Finally, Jefferies Financial Group decreased their target price on goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a report on Tuesday.

Insider Activity

In related news, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was purchased at an average price of C$172.62 per share, for a total transaction of C$526,491.00. Also, Senior Officer Jason Mullins sold 2,500 shares of goeasy stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total value of C$429,400.00. Insiders own 22.05% of the company’s stock.

goeasy Trading Down 0.2 %

Shares of TSE:GSY traded down C$0.28 during trading on Tuesday, reaching C$166.49. 31,589 shares of the company traded hands, compared to its average volume of 75,047. The firm has a market capitalization of C$2.80 billion, a price-to-earnings ratio of 10.83, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 52-week low of C$153.31 and a 52-week high of C$206.02. 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 business’s fifty day moving average is C$170.74 and its 200-day moving average is C$178.44.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a $1.17 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.81%. goeasy’s payout ratio is 30.45%.

goeasy Company Profile

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.