goeasy Ltd. (TSE:GSY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

goeasy Ltd. (TSE:GSY - Get Free Report) has been given an average rating of "Moderate Buy" by the eight analysts that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$219.33.

A number of equities analysts recently issued reports on GSY shares. National Bankshares raised their price target on goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a report on Wednesday. Desjardins lowered their target price on goeasy from C$215.00 to C$210.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. BMO Capital Markets cut goeasy from an "outperform" rating to a "market perform" rating and cut their price target for the stock from C$218.00 to C$202.00 in a research note on Tuesday, October 22nd. Finally, Scotiabank increased their price target on goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th.

Insiders Place Their Bets

In related news, Senior Officer Jason Mullins sold 4,500 shares of the firm's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. 22.05% of the stock is currently owned by company insiders.

goeasy Stock Performance

TSE GSY traded down C$2.52 on Friday, reaching C$174.61. The stock had a trading volume of 46,535 shares, compared to its average volume of 49,185. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. The stock has a market cap of C$2.93 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The business's 50-day moving average price is C$181.38 and its 200 day moving average price is C$183.76. goeasy has a 12-month low of C$114.90 and a 12-month high of C$206.02.

goeasy (TSE:GSY - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C$4.10 EPS for the quarter, beating the consensus estimate of C$4.01 by C$0.09. goeasy had a net margin of 33.40% and a return on equity of 25.28%. The firm had revenue of C$377.80 million during the quarter, compared to the consensus estimate of C$372.40 million. As a group, equities analysts expect that goeasy will post 20.3207343 earnings per share for the current year.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, October 11th were issued a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date was Friday, September 27th. goeasy's dividend payout ratio is presently 30.45%.

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.