goeasy (TSE:GSY) Rating Lowered to Hold at Raymond James Financial

goeasy (TSE:GSY) was downgraded by Raymond James Financial from a “moderate buy” rating to a “hold” rating in a note issued to investors on Wednesday, MarketBeat Ratings reports. They presently have a C$153.00 price objective on the stock, down from their previous price objective of C$208.00. Raymond James Financial’s target price would suggest a potential upside of 22.23% from the company’s current price.

GSY has been the topic of a number of other research reports. Royal Bank Of Canada decreased their price objective on goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. TD Securities decreased their price target on shares of goeasy from C$210.00 to C$160.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. National Bankshares lowered their price target on shares of goeasy from C$265.00 to C$245.00 in a report on Thursday, November 6th. BMO Capital Markets reduced their price objective on shares of goeasy from C$232.00 to C$226.00 in a research note on Thursday, November 6th. Finally, Scotiabank upgraded shares of 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. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$196.13.

goeasy Trading Down 3.0%

Shares of goeasy stock opened at C$125.17 on Wednesday. goeasy has a 1 year low of C$117.52 and a 1 year high of C$216.50. 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 business has a 50 day moving average price of C$149.25 and a 200 day moving average price of C$169.72. The company has a market capitalization of C$2.01 billion, a P/E ratio of 9.13, a P/E/G ratio of 0.84 and a beta of 0.92.

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