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

goeasy Ltd. (TSE:GSY) has earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$219.89.

A number of analysts have recently weighed in on GSY shares. BMO Capital Markets increased their price objective on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. National Bankshares lifted their price objective on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Finally, Desjardins lowered their target price on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd.

Insiders Place Their Bets

In other news, Senior Officer Jason Mullins sold 2,500 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total transaction of C$316,051.56. 22.05% of the stock is currently owned by company insiders.

goeasy Stock Up 3.3 %

goeasy stock opened at C$190.85 on Friday. The business’s 50-day simple moving average is C$169.44 and its two-hundred day simple moving average is C$179.10. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. The company has a market cap of C$3.21 billion, a PE ratio of 12.42, a PEG ratio of 0.84 and a beta of 1.87. goeasy has a fifty-two week low of C$150.06 and a fifty-two week high of C$206.02.

goeasy (TSE:GSY) last issued its earnings results on Thursday, November 7th. The company reported C$4.32 EPS for the quarter, beating analysts’ consensus estimates of C$4.16 by C$0.16. goeasy had a return on equity of 25.28% and a net margin of 33.40%. During the same period last year, the company earned $3.81 EPS. Equities analysts anticipate that goeasy will post 20.3207343 EPS for the current year.

goeasy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were paid a $1.17 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.45%. goeasy’s dividend payout ratio is presently 30.45%.

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.