goeasy (TSE:GSY) PT Raised to C$220.00

goeasy (TSE:GSY) had its target price boosted by equities research analysts at CIBC from C$200.00 to C$220.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. CIBC’s price target suggests a potential upside of 24.36% from the stock’s previous close.

A number of other equities analysts also recently issued reports on GSY. Desjardins increased their price target on shares of goeasy from C$185.00 to C$190.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Royal Bank of Canada increased their price target on shares of goeasy from C$193.00 to C$195.00 and gave the company an “outperform” rating in a report on Wednesday, February 14th. Scotiabank increased their price target on shares of goeasy from C$145.00 to C$170.00 and gave the company a “sector perform” rating in a report on Wednesday, January 31st. National Bankshares increased their price target on shares of goeasy from C$190.00 to C$195.00 and gave the company an “outperform” rating in a report on Wednesday, February 14th. Finally, Cormark increased their price target on shares of goeasy from C$193.00 to C$200.00 and gave the company a “buy” rating in a report on Wednesday, February 14th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$191.89.

goeasy Stock Up 0.5 %

Shares of goeasy stock opened at C$176.90 on Friday. The company has a market cap of C$2.94 billion, a P/E ratio of 12.22, a PEG ratio of 0.84 and a beta of 2.03. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. goeasy has a one year low of C$87.00 and a one year high of C$180.10. The firm has a fifty day moving average of C$166.09 and a two-hundred day moving average of C$150.39.

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

Insider Buying and Selling at goeasy

In other goeasy news, Director David Ingram sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were 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 currently owned by 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.