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

goeasy Ltd. (TSE:GSY) has been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$196.13.

Several equities analysts recently commented on GSY shares. Scotiabank upgraded shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price target on the stock in a research note on Thursday, October 16th. BMO Capital Markets cut their price objective on shares of goeasy from C$232.00 to C$226.00 in a report on Thursday, November 6th. TD Securities lowered their target price on shares of goeasy from C$210.00 to C$160.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Raymond James Financial downgraded shares of goeasy from a “moderate buy” rating to a “hold” rating and dropped their price target for the company from C$208.00 to C$153.00 in a research report on Wednesday, December 3rd. Finally, 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.

goeasy Price Performance

Shares of TSE GSY opened at C$123.28 on Monday. The firm has a market cap of C$1.98 billion, a P/E ratio of 8.99, a price-to-earnings-growth ratio of 0.84 and a beta of 0.80. The business’s 50 day moving average is C$148.23 and its 200-day moving average is C$169.84. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. goeasy has a 1-year low of C$117.52 and a 1-year high of C$216.50.

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

goeasy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Friday, October 10th were issued a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, September 26th. goeasy’s dividend 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.