goeasy (TSE:GSY) Price Target Cut to C$210.00

goeasy (TSE:GSY - Get Free Report) had its target price lowered by investment analysts at Desjardins from C$215.00 to C$210.00 in a research report issued on Wednesday, BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. Desjardins' price target indicates a potential upside of 25.64% from the company's current price.

Several other equities analysts have also issued reports on GSY. Scotiabank lifted their target price on goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. National Bankshares lifted their price objective on shares of goeasy from C$210.00 to C$235.00 and gave the stock an "outperform" rating in a research report on Monday, July 29th. Finally, BMO Capital Markets cut shares of goeasy from an "outperform" rating to a "market perform" rating and decreased their target price for the company from C$218.00 to C$202.00 in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$218.78.

goeasy Stock Up 1.1 %

goeasy stock traded up C$1.76 during midday trading on Wednesday, hitting C$167.15. 157,937 shares of the company's stock were exchanged, compared to its average volume of 48,170. 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 company has a market cap of C$2.81 billion, a PE ratio of 10.81, a P/E/G ratio of 0.84 and a beta of 1.87. The firm has a 50-day moving average of C$183.26 and a two-hundred day moving average of C$183.20. goeasy has a 12 month low of C$106.51 and a 12 month high of C$206.02.

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

Insiders Place Their Bets

In other news, Senior Officer Jason Mullins sold 4,500 shares of the firm's stock in a transaction dated Tuesday, August 27th. The stock was 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 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.