goeasy Ltd. (TSE:GSY) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of goeasy Ltd. (TSE:GSY - Get Free Report) have received a consensus rating of "Moderate Buy" from the eight brokerages that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$219.89.

A number of research firms have recently commented on GSY. National Bankshares lifted their target price on goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. BMO Capital Markets boosted their price objective on goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. Desjardins decreased their price objective on goeasy from C$215.00 to C$210.00 and set a "buy" rating for the company in a report on Wednesday, October 23rd. Finally, Scotiabank lifted their target price on shares of goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th.

goeasy Stock Up 1.4 %

TSE:GSY traded up C$2.46 during midday trading on Thursday, hitting C$173.00. 32,089 shares of the company were exchanged, compared to its average volume of 49,494. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. goeasy has a fifty-two week low of C$131.91 and a fifty-two week high of C$206.02. The company has a market capitalization of C$2.91 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a fifty day simple moving average of C$178.33 and a 200 day simple moving average of C$183.53.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be issued a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, December 27th. goeasy's dividend payout ratio is presently 30.45%.

Insider Activity at goeasy

In related news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of goeasy stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. Also, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of the company's stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average cost of C$172.62 per share, for a total transaction of C$526,491.00. 22.05% of the stock is currently owned by insiders.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.