goeasy (GSY) Stock Price, News & Analysis

Company Overview

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. The companyleases household furniture, appliances, electronics, and unsecured lending products to retail consumers. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada.

Key Stats

• Today's Range: C$160.85 to C$165.00
• 50-Day Range: C$158.40 to C$189.76
• 52-Week Range: C$150.06 to C$206.02
• Volume: 65,747 shs
• Average Volume: 49,987 shs
• Market Capitalization: C$2.75 billion
• P/E Ratio: 10.66
• Dividend Yield: 2.86%
• Price Target: C$219.89
• Consensus Rating: Moderate Buy

goeasy Stock Analysis - MarketRank™

goeasy scored higher than 83% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

goeasy has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

goeasy has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of goeasy is 10.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of goeasy is 10.66, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 444.88.

Price to Earnings Growth Ratio

goeasy has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

goeasy has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GSY.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

goeasy pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

goeasy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of goeasy is 30.45%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GSY.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

goeasy has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Financial Services companies.

Search Interest

Only 8 people have searched for GSY on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

5 people have added goeasy to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, goeasy insiders have sold 41.59% more of their company's stock than they have bought. Specifically, they have bought C$526,491.00 in company stock and sold C$745,452.00 in company stock.

Percentage Held by Insiders

22.05% of the stock of goeasy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 19.05% of the stock of goeasy is held by institutions.

GSY Stock Analysis - Frequently Asked Questions

How have GSY shares performed this year?

goeasy's stock was trading at C$158.06 at the start of the year. Since then, GSY stock has increased by 3.6% and is now trading at C$163.82.
View the best growth stocks for 2024 here.

How do I buy shares of goeasy?

Shares of GSY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of goeasy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that goeasy investors own include Canadian Natural Resources (CNQ), Enbridge (ENB), Toronto-Dominion Bank (TD), NVIDIA (NVDA), Shopify (SHOP), Wheaton Precious Metals (WPM) and Bank of Nova Scotia (BNS).

Company Calendar

• Ex-Dividend for 10/11 Dividend: 9/27/2024
• Dividend Payable: 10/11/2024
• Today: 12/21/2024
• Ex-Dividend for 1/10 Dividend: 12/27/2024
• Dividend Payable: 1/10/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Credit Services
• Sub-Industry: N/A
• Current Symbol: TSE:GSY
• Previous Symbol: TSE:EH
• CUSIP: N/A
• CIK: N/A
• Web: www.goeasy.com
• Phone: +1-905-2722788
• Fax: N/A
• Employees: 2,404
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$219.89
• High Stock Price Target: C$240.00
• Low Stock Price Target: C$200.00
• Potential Upside/Downside: +34.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$15.37
• Trailing P/E Ratio: 10.66
• Forward P/E Ratio: 8.06
• P/E Growth: 0.84
• Net Income: C$265.26 million
• Net Margins: 33.40%
• Pretax Margin: N/A
• Return on Equity: 25.28%
• Return on Assets: 6.39%

Debt

• Debt-to-Equity Ratio: 289.31
• Current Ratio: 15.97
• Quick Ratio: 28.46

Sales & Book Value

• Annual Sales: C$794.25 million
• Price / Sales: 3.47
• Cash Flow: C$12.73 per share
• Price / Cash Flow: 12.87
• Book Value: C$68.16 per share
• Price / Book: 2.40

Miscellaneous

• Outstanding Shares: 16,800,000
• Free Float: N/A
• Market Cap: C$2.75 billion
• Optionable: Not Optionable
• Beta: 1.87