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

Shares of goeasy Ltd. (TSE:GSY) have received an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$196.13.

A number of brokerages have recently issued reports on GSY. BMO Capital Markets dropped their price target on shares of goeasy from C$232.00 to C$226.00 in a research note on Thursday, November 6th. Raymond James Financial downgraded goeasy from a “moderate buy” rating to a “hold” rating and decreased their target price for the stock from C$208.00 to C$153.00 in a research report on Wednesday, December 3rd. TD Securities dropped their target price on shares of goeasy from C$210.00 to C$160.00 and set a “buy” rating for the company in a report on Friday, November 7th. Jefferies Financial Group reduced their price objective on goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. Finally, National Bankshares decreased their price objective on goeasy from C$265.00 to C$245.00 in a research note on Thursday, November 6th.

goeasy Stock Performance

Shares of goeasy stock opened at C$131.29 on Friday. The firm’s fifty day simple moving average is C$134.93 and its 200-day simple moving average is C$166.48. The stock has a market capitalization of C$2.10 billion, a price-to-earnings ratio of 9.58, a PEG ratio of 0.84 and a beta of 0.80. goeasy has a 12 month low of C$117.52 and a 12 month 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.

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

goeasy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Friday, January 9th will be paid a dividend of $1.46 per share. The ex-dividend date of this dividend is Wednesday, December 24th. This represents a $5.84 annualized dividend and a dividend yield of 4.4%. goeasy’s dividend payout ratio is presently 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.