goeasy (TSE:GSY) Rating Lowered to Hold at TD Securities

goeasy (TSE:GSY) was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, MarketBeat reports. They presently have a C$135.00 price objective on the stock, down from their previous price objective of C$160.00. TD Securities’ price objective points to a potential upside of 5.98% from the company’s current price.

A number of other equities analysts also recently issued reports on the company. Royal Bank Of Canada dropped their price target on goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. Scotiabank raised goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 target price on the stock in a research report on Thursday, October 16th. Jefferies Financial Group cut their price target on goeasy from C$225.00 to C$194.00 in a research note on Monday, November 10th. Raymond James Financial cut shares of goeasy from a “moderate buy” rating to a “hold” rating and lowered their price objective for the stock from C$208.00 to C$153.00 in a research note on Wednesday, December 3rd. Finally, National Bankshares dropped their price objective on shares of goeasy from C$265.00 to C$245.00 in a report on Thursday, November 6th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, goeasy presently has a consensus rating of “Moderate Buy” and an average target price of C$193.00.

goeasy Stock Performance

Shares of GSY stock opened at C$127.38 on Monday. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The company has a 50 day moving average price of C$129.14 and a 200-day moving average price of C$163.70. goeasy has a 52 week low of C$117.52 and a 52 week high of C$216.50. The firm has a market capitalization of C$2.04 billion, a PE ratio of 9.29, a P/E/G ratio of 0.84 and a beta of 0.64.

goeasy (TSE:GSY) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. goeasy had a net margin of 19.49% and a return on equity of 25.26%. The company had revenue of C$440.22 million for the quarter. As a group, equities research analysts expect that goeasy will post 20.3207343 earnings per share for the current year.

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.