goeasy (TSE:GSY) Given New C$185.00 Price Target at ATB Cormark Capital Markets

goeasy (TSE:GSY) had its target price reduced by ATB Cormark Capital Markets from C$200.00 to C$185.00 in a research report released on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts have also recently weighed in on GSY. National Bank Financial dropped their price target on goeasy from C$245.00 to C$210.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. BMO Capital Markets dropped their target price on goeasy from C$232.00 to C$226.00 in a report on Thursday, November 6th. Royal Bank Of Canada reduced their target price on shares of goeasy from C$194.00 to C$156.00 in a research report on Friday, November 7th. Jefferies Financial Group lowered their price target on shares of goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. Finally, Scotiabank dropped their price objective on shares of goeasy from C$225.00 to C$210.00 in a research note on Friday, January 30th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, goeasy has an average rating of “Moderate Buy” and a consensus price target of C$186.56.

goeasy Price Performance

Shares of GSY opened at C$121.58 on Friday. The company’s 50-day moving average is C$129.30 and its 200-day moving average is C$157.84. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. The firm has a market capitalization of C$1.95 billion, a PE ratio of 8.87, a PEG ratio of 0.84 and a beta of 0.39. goeasy has a fifty-two week low of C$117.52 and a fifty-two week high of C$216.50.

goeasy (TSE:GSY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$4.12 EPS for the quarter. The business had revenue of C$440.22 million for the quarter. goeasy had a net margin of 19.49% and a return on equity of 25.26%. Equities analysts forecast that goeasy will post 20.3207343 EPS for the current year.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were paid a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Wednesday, December 24th. goeasy’s payout ratio is 40.48%.

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.