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

Shares of goeasy Ltd. (TSE:GSY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eight ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$219.89.

Several research firms have recently weighed in on GSY. BMO Capital Markets raised their target price on goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Desjardins decreased their price objective on goeasy from C$215.00 to C$210.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. Finally, National Bankshares upped their target price on shares of goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th.

goeasy Price Performance

goeasy stock traded down C$1.79 during midday trading on Friday, reaching C$173.99. The company had a trading volume of 62,070 shares, compared to its average volume of 64,912. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. goeasy has a 12-month low of C$150.06 and a 12-month high of C$206.02. The company has a market capitalization of C$2.92 billion, a P/E ratio of 11.32, a P/E/G ratio of 0.84 and a beta of 1.87. The firm's fifty day simple moving average is C$169.36 and its 200-day simple moving average is C$179.61.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were issued a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.69%. 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 the company's 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 stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of C$172.62 per share, with a total value of C$526,491.00. 22.05% of the stock is currently owned by insiders.

About goeasy

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.