goeasy Ltd. (TSE:GSY) Receives C$186.33 Average Target Price from Analysts

Shares of goeasy Ltd. (TSE:GSY) have been given an average recommendation of “Moderate Buy” by the nine analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$189.11.

GSY has been the subject of a number of analyst reports. National Bankshares raised their price target on goeasy from C$190.00 to C$195.00 and gave the stock an “outperform” rating in a report on Wednesday, February 14th. Royal Bank of Canada lifted their price target on goeasy from C$193.00 to C$195.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th. Scotiabank lifted their price target on goeasy from C$145.00 to C$170.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 31st. Cormark lifted their price target on goeasy from C$193.00 to C$200.00 and gave the company a “buy” rating in a research report on Wednesday, February 14th. Finally, Raymond James lifted their price target on goeasy from C$166.00 to C$200.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th.

Insider Activity at goeasy

In related news, Director David Ingram sold 30,000 shares of goeasy stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. 22.53% of the stock is owned by corporate insiders.

goeasy Price Performance

Shares of TSE GSY opened at C$173.43 on Wednesday. The stock has a fifty day simple moving average of C$165.45 and a two-hundred day simple moving average of C$148.02. goeasy has a 1-year low of C$87.00 and a 1-year high of C$180.10. The firm has a market cap of C$2.88 billion, a price-to-earnings ratio of 11.98, a price-to-earnings-growth ratio of 0.84 and a beta of 2.03. The company has a current ratio of 15.62, a quick ratio of 28.46 and a debt-to-equity ratio of 278.25.

goeasy (TSE:GSY) last announced its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 earnings per share for the quarter, beating the consensus estimate of C$3.92 by C$0.09. goeasy had a return on equity of 25.77% and a net margin of 33.21%. The business had revenue of C$338.11 million during the quarter, compared to analyst estimates of C$340.35 million. Analysts anticipate that goeasy will post 16.5811069 earnings per share for the current year.

goeasy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were paid a dividend of $1.17 per share. This is a positive change from goeasy’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $4.68 annualized dividend and a yield of 2.70%. goeasy’s dividend payout ratio (DPR) is currently 32.32%.

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.