goeasy Ltd. (TSE:GSY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of goeasy Ltd. (TSE:GSY) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$219.89.

A number of research firms have commented on GSY. BMO Capital Markets boosted their price target on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. 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 research report on Wednesday, October 30th. Desjardins lowered their price target on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Finally, Scotiabank upped their price objective on goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th.

goeasy Price Performance

Shares of TSE:GSY opened at C$170.87 on Thursday. The company has a 50 day moving average of C$177.75 and a 200 day moving average of C$183.32. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. The stock has a market cap of C$2.87 billion, a P/E ratio of 11.12, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 12 month low of C$136.30 and a 12 month high of C$206.02.

goeasy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be paid a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.74%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s dividend payout ratio (DPR) is presently 30.45%.

Insider Buying and Selling at goeasy

In related news, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was purchased at an average price of C$172.62 per share, for a total transaction of C$526,491.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total transaction of C$316,051.56. Insiders own 22.05% of the company’s stock.

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.