goeasy Ltd. (TSE:GSY) Given Average Rating of “Moderate Buy” by Analysts

goeasy Ltd. (TSE:GSY) has been assigned an average rating of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$220.00.

Several analysts have recently issued reports on GSY shares. Scotiabank upped their price target on goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. BMO Capital Markets upped their target price on goeasy from C$215.00 to C$218.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Finally, National Bankshares lifted their price target on shares of goeasy from C$210.00 to C$235.00 and gave the company an “outperform” rating in a research report on Monday, July 29th.

Insider Transactions at goeasy

In other news, Senior Officer Jason Mullins sold 4,500 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total transaction of C$846,000.00. 22.06% of the stock is currently owned by corporate insiders.

goeasy Trading Down 2.4 %

Shares of TSE GSY opened at C$181.15 on Friday. The business has a 50 day simple moving average of C$187.69 and a 200 day simple moving average of C$180.25. goeasy has a 52 week low of C$101.34 and a 52 week high of C$206.02. The stock has a market cap of C$3.04 billion, a price-to-earnings ratio of 11.77, a PEG ratio of 0.84 and a beta of 1.89. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97.

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

goeasy Announces Dividend

The firm 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 dividend of $1.17 per share. 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 2.58%. goeasy’s dividend payout ratio (DPR) is presently 30.41%.

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.