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

Shares of goeasy Ltd. (TSE:GSY) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$186.56.

A number of equities research analysts recently commented on the stock. Scotiabank lowered their price target on shares of goeasy from C$225.00 to C$210.00 in a report on Friday, January 30th. BMO Capital Markets lowered their price objective on shares of goeasy from C$232.00 to C$226.00 in a research note on Thursday, November 6th. Royal Bank Of Canada cut their target price on goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. Raymond James Financial downgraded goeasy from a “moderate buy” rating to a “hold” rating and reduced their price target for the company from C$208.00 to C$153.00 in a report on Wednesday, December 3rd. Finally, Jefferies Financial Group cut their price objective on goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th.

goeasy Stock Performance

Shares of GSY stock opened at C$117.50 on Friday. The company has a market capitalization of C$1.88 billion, a P/E ratio of 8.57, a PEG ratio of 0.84 and a beta of 0.39. goeasy has a fifty-two week low of C$115.50 and a fifty-two week high of C$216.50. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The stock has a 50 day moving average price of C$128.96 and a two-hundred day moving average price of C$155.63.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were issued a $1.46 dividend. The ex-dividend date was Wednesday, December 24th. This represents a $5.84 annualized dividend and a yield of 5.0%. goeasy’s payout ratio is 40.48%.

About goeasy

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.