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

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

Several analysts recently issued reports on GSY shares. National Bankshares upped their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Desjardins dropped their price objective on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Finally, BMO Capital Markets upped their price objective on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th.

Insider Activity

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

goeasy Stock Up 2.2 %

GSY stock opened at C$180.12 on Friday. The stock has a market capitalization of C$3.03 billion, a P/E ratio of 11.72, a P/E/G ratio of 0.84 and a beta of 1.87. The firm has a 50-day simple moving average of C$169.26 and a 200-day simple moving average of C$179.20. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. goeasy has a 52 week low of C$150.06 and a 52 week high of C$206.02.

goeasy (TSE:GSY) last released 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 quarter in the previous year, the company earned $3.81 earnings per share. Equities analysts forecast that goeasy will post 20.3207343 earnings per share for the current fiscal year.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders 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 2.60%. goeasy’s dividend payout ratio (DPR) is 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.