Insider Buying: goeasy Ltd. (TSE:GSY) Senior Officer Purchases C$160,000.00 in Stock

goeasy Ltd. (TSE:GSY) Senior Officer Daniel Llewellyn Rees purchased 1,000 shares of the business’s stock in a transaction dated Monday, June 23rd. The shares were acquired at an average price of C$160.00 per share, for a total transaction of C$160,000.00.

goeasy Trading Down 1.1%

GSY opened at C$164.24 on Thursday. goeasy Ltd. has a 1-year low of C$134.01 and a 1-year high of C$206.02. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The company has a market cap of C$2.75 billion, a P/E ratio of 9.98, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a fifty day moving average price of C$153.92 and a two-hundred day moving average price of C$160.24.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, July 11th will be paid a $1.46 dividend. This represents a $5.84 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Friday, June 27th. goeasy’s dividend payout ratio (DPR) is currently 28.45%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GSY. National Bankshares cut their price target on shares of goeasy from C$240.00 to C$235.00 and set an “outperform” rating on the stock in a report on Thursday, May 8th. TD Securities cut their price target on shares of goeasy from C$199.00 to C$192.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Jefferies Financial Group cut their price target on shares of goeasy from C$222.00 to C$182.00 in a report on Monday, April 21st. Cormark cut their price target on shares of goeasy from C$240.00 to C$210.00 in a report on Thursday, April 24th. Finally, BMO Capital Markets upgraded shares of goeasy from a “market perform” rating to an “outperform” rating and dropped their target price for the company from C$207.00 to C$200.00 in a report on Friday, March 14th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$211.13.

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.