goeasy Ltd. (TSE:GSY) Receives Consensus Rating of “Buy” from Analysts

Shares of goeasy Ltd. (TSE:GSYGet Rating) have received an average recommendation of “Buy” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$196.00.

GSY has been the topic of several recent research reports. CIBC lowered their target price on shares of goeasy from C$200.00 to C$180.00 and set an “outperform” rating on the stock in a research note on Thursday, May 12th. BMO Capital Markets boosted their price target on shares of goeasy from C$225.00 to C$234.00 in a research report on Friday, August 12th. Raymond James cut their price objective on shares of goeasy from C$213.00 to C$202.00 and set a “strong-buy” rating for the company in a report on Friday, July 8th. National Bankshares boosted their target price on goeasy from C$155.00 to C$170.00 and gave the stock an “outperform” rating in a report on Thursday, August 11th. Finally, TD Securities upped their price target on goeasy from C$195.00 to C$200.00 and gave the company a “buy” rating in a research report on Friday, August 12th.

goeasy Trading Down 0.7 %

GSY stock opened at C$117.89 on Wednesday. goeasy has a 12-month low of C$95.00 and a 12-month high of C$218.35. The business’s 50-day moving average is C$114.37 and its 200 day moving average is C$120.77. The company has a current ratio of 25.76, a quick ratio of 25.67 and a debt-to-equity ratio of 261.22. The stock has a market cap of C$1.87 billion and a price-to-earnings ratio of 11.36.

goeasy (TSE:GSYGet Rating) last released its earnings results on Wednesday, August 10th. The company reported C$2.83 earnings per share for the quarter, beating the consensus estimate of C$2.74 by C$0.09. The firm had revenue of C$251.65 million during the quarter, compared to analysts’ expectations of C$247.13 million. On average, sell-side analysts anticipate that goeasy will post 14.9799989 EPS for the current fiscal year.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Thursday, September 29th. goeasy’s payout ratio is presently 35.07%.

goeasy Company Profile

(Get Rating)

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.

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Analyst Recommendations for goeasy (TSE:GSY)

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