goeasy Ltd. (TSE:GSY) Given Consensus Rating of “Hold” by Analysts

goeasy Ltd. (TSE:GSY) has been given an average recommendation of “Hold” by the nine brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$36.56.

A number of research firms have recently commented on GSY. ATB Cormark Capital Markets cut their target price on shares of goeasy from C$42.00 to C$35.00 and set a “sector perform” rating for the company in a research note on Thursday, May 14th. Royal Bank Of Canada dropped their price objective on shares of goeasy from C$33.00 to C$30.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Scotiabank cut shares of goeasy from a “sector outperform” rating to a “sector perform” rating and dropped their price objective for the company from C$55.00 to C$39.00 in a research note on Tuesday, April 28th. TD Securities dropped their price objective on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. Finally, National Bank Financial dropped their price objective on shares of goeasy from C$38.00 to C$34.00 and set a “sector perform” rating for the company in a research note on Thursday, May 14th.

goeasy Stock Down 1.6%

GSY stock opened at C$41.14 on Friday. The stock has a market capitalization of C$659.64 million, a P/E ratio of -3.82, a P/E/G ratio of 0.84 and a beta of 1.43. The firm has a 50-day simple moving average of C$35.77 and a 200-day simple moving average of C$77.53. goeasy has a 52 week low of C$27.60 and a 52 week high of C$216.50.

goeasy (TSE:GSY) last released its earnings results on Tuesday, May 12th. The company reported C($1.90) EPS for the quarter. The company had revenue of C$412.86 million for the quarter. goeasy had a negative return on equity of 26.45% and a negative net margin of 15.76%. On average, analysts expect 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.