goeasy Ltd. (TSE:GSY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

goeasy Ltd. (TSE:GSY) has been given a consensus recommendation of “Moderate Buy” by the nine ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$213.50.

Several research firms have recently commented on GSY. Scotiabank raised their price target on goeasy from C$200.00 to C$215.00 in a research report on Wednesday, July 24th. Raymond James lifted their target price on goeasy from C$200.00 to C$225.00 and gave the company an “outperform” rating in a research report on Wednesday, May 8th. Royal Bank of Canada boosted their price target on shares of goeasy from C$201.00 to C$225.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 8th. Colliers Securities raised their price objective on shares of goeasy from C$200.00 to C$220.00 in a research note on Wednesday, May 8th. Finally, Desjardins upped their target price on shares of goeasy from C$190.00 to C$205.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th.

goeasy Price Performance

TSE:GSY opened at C$200.55 on Friday. The company has a market capitalization of C$3.36 billion, a P/E ratio of 13.49, a P/E/G ratio of 0.84 and a beta of 1.95. The company has a quick ratio of 28.46, a current ratio of 26.61 and a debt-to-equity ratio of 284.07. goeasy has a 52 week low of C$101.34 and a 52 week high of C$206.02. The stock’s fifty day moving average is C$187.88 and its two-hundred day moving average is C$174.44.

goeasy (TSE:GSY) last posted its earnings results on Tuesday, May 7th. The company reported C$3.83 EPS for the quarter, beating analysts’ consensus estimates of C$3.77 by C$0.06. goeasy had a net margin of 33.32% and a return on equity of 25.47%. The company had revenue of C$357.11 million for the quarter, compared to analysts’ expectations of C$350.44 million. Equities analysts expect that goeasy will post 17.2156863 EPS for the current year.

goeasy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Friday, July 12th were given a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend was Friday, June 28th. goeasy’s dividend payout ratio (DPR) is 31.47%.

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.