goeasy Ltd. (TSE:GSY) Receives Average Rating of “Moderate Buy” from 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 company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$193.00.

GSY has been the subject of a number of analyst reports. National Bankshares cut their price target on goeasy from C$265.00 to C$245.00 in a research note on Thursday, November 6th. Raymond James Financial cut shares of goeasy from a “moderate buy” rating to a “hold” rating and lowered their price target for the stock from C$208.00 to C$153.00 in a report on Wednesday, December 3rd. BMO Capital Markets cut their target price on shares of goeasy from C$232.00 to C$226.00 in a research report on Thursday, November 6th. TD Securities cut goeasy from a “buy” rating to a “hold” rating and reduced their price target for the company from C$160.00 to C$135.00 in a research report on Monday, January 19th. Finally, Jefferies Financial Group lowered their target price on shares of 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$128.32 on Tuesday. The firm’s fifty day moving average is C$129.59 and its 200-day moving average is C$162.50. goeasy has a 52 week low of C$117.52 and a 52 week high of C$216.50. The firm has a market cap of C$2.06 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of 0.84 and a beta of 0.64. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy (TSE:GSY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$4.12 EPS 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. Sell-side analysts predict that goeasy will post 20.3207343 earnings per share for the current year.

goeasy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Friday, January 9th were paid a $1.46 dividend. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 4.6%. goeasy’s dividend payout ratio is 40.48%.

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.