goeasy Ltd. (TSE:GSY) Receives C$220.00 Consensus PT from Analysts

goeasy Ltd. (TSE:GSY) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$220.00.

GSY has been the subject of several recent analyst reports. National Bankshares raised their price target on goeasy from C$210.00 to C$235.00 and gave the company an “outperform” rating in a report on Monday, July 29th. BMO Capital Markets lifted their price objective on goeasy from C$215.00 to C$218.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Finally, Scotiabank lifted their price objective on goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th.

goeasy Stock Down 0.3 %

GSY opened at C$180.44 on Friday. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The business has a 50 day simple moving average of C$187.54 and a 200-day simple moving average of C$180.21. The stock has a market capitalization of C$3.03 billion, a P/E ratio of 11.72, a P/E/G ratio of 0.84 and a beta of 1.89. goeasy has a 12 month low of C$101.34 and a 12 month high of C$206.02.

goeasy (TSE:GSY) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$4.10 EPS for the quarter, beating the consensus estimate of C$4.01 by C$0.09. The business had revenue of C$377.80 million during the quarter, compared to analysts’ expectations of C$372.40 million. goeasy had a return on equity of 25.28% and a net margin of 33.40%. On average, equities analysts anticipate that goeasy will post 20.3370787 earnings per share for the current fiscal year.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Friday, October 11th will be issued a $1.17 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.59%. goeasy’s dividend payout ratio (DPR) is 30.41%.

Insider Transactions at goeasy

In other news, Senior Officer Jason Mullins sold 4,500 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total value of C$846,000.00. Insiders own 22.06% of the company’s stock.

About goeasy

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.