goeasy Ltd. (TSE:GSY) Receives C$219.89 Average Target Price from Analysts

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

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

goeasy Trading Up 3.3 %

TSE GSY opened at C$190.85 on Friday. The stock 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 12 month low of C$150.06 and a 12 month high of C$206.02. The company’s 50-day moving average price is C$169.44 and its 200-day moving average price is C$179.10. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31.

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

goeasy Dividend Announcement

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

Insider Transactions at goeasy

In other goeasy news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. Also, Senior Officer Patrick Ryan Doris Ens purchased 3,050 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were acquired at an average price of C$172.62 per share, for a total transaction of C$526,491.00. Insiders own 22.05% 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.