goeasy Ltd. (TSE:GSY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of goeasy Ltd. (TSE:GSY) have been given an average recommendation of “Hold” by the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$36.56.

Several equities research analysts have recently weighed in on GSY shares. TD Securities reduced their price target on goeasy from C$44.00 to C$36.00 and set a “hold” rating on the stock in a report on Thursday, April 2nd. BMO Capital Markets reduced their price target on goeasy from C$45.00 to C$36.00 in a report on Wednesday, May 13th. Scotiabank downgraded goeasy from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the stock from C$55.00 to C$39.00 in a report on Tuesday, April 28th. Jefferies Financial Group reduced their price target on goeasy from C$50.00 to C$39.00 in a report on Thursday, April 2nd. Finally, National Bank Financial reduced their price target on goeasy from C$38.00 to C$34.00 and set a “sector perform” rating on the stock in a report on Thursday, May 14th.

goeasy Stock Performance

Shares of TSE GSY opened at C$40.21 on Monday. The business’s 50 day moving average price is C$34.13 and its 200-day moving average price is C$89.18. goeasy has a fifty-two week low of C$27.60 and a fifty-two week high of C$216.50. The company has a market cap of C$644.73 million, a price-to-earnings ratio of -3.73, a PEG ratio of 0.84 and a beta of 1.05.

goeasy (TSE:GSY) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C($1.90) earnings per share for the quarter. goeasy had a negative return on equity of 26.45% and a negative net margin of 15.76%.The business had revenue of C$412.86 million during the quarter. Sell-side analysts predict that goeasy will post 20.3207343 earnings per share for the current year.

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.