goeasy Ltd. (TSE:GSY) Receives Average Rating of “Moderate Buy” from Analysts

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

Several brokerages have recently weighed in on GSY. Scotiabank boosted their price target on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. BMO Capital Markets upped their price target on goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. Desjardins lowered their price target 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, National Bankshares boosted their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th.

goeasy Stock Up 0.4 %

GSY stock opened at C$170.54 on Thursday. goeasy has a 12 month low of C$128.59 and a 12 month high of C$206.02. The company has a market cap of C$2.87 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 0.84 and a beta of 1.87. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. The firm has a 50-day moving average of C$178.54 and a two-hundred day moving average of C$183.63.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be paid a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s payout ratio is 30.45%.

Insider Activity at goeasy

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

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.