goeasy (TSE:GSY) Downgraded by TD Securities to “Hold”

goeasy (TSE:GSY) was downgraded by equities researchers at TD Securities from a “buy” rating to a “hold” rating in a report issued on Monday,BayStreet.CA reports. They presently have a C$135.00 target price on the stock, down from their prior target price of C$160.00. TD Securities’ price objective suggests a potential upside of 4.53% from the stock’s current price.

Several other equities analysts have also recently weighed in on the stock. Royal Bank Of Canada decreased their price target on shares of goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. BMO Capital Markets lowered their price target on shares of goeasy from C$232.00 to C$226.00 in a research note on Thursday, November 6th. Scotiabank upgraded shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price objective for the company in a research note on Thursday, October 16th. Jefferies Financial Group decreased their price objective on goeasy from C$225.00 to C$194.00 in a report on Monday, November 10th. Finally, National Bankshares dropped their target price on goeasy from C$265.00 to C$245.00 in a report on Thursday, November 6th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, goeasy presently has an average rating of “Moderate Buy” and an average target price of C$193.00.

goeasy Stock Down 3.8%

Shares of GSY traded down C$5.14 during midday trading on Monday, hitting C$129.15. The stock had a trading volume of 124,284 shares, compared to its average volume of 114,891. The firm has a market cap of C$2.07 billion, a price-to-earnings ratio of 9.42, a price-to-earnings-growth ratio of 0.84 and a beta of 0.64. The company has a 50 day simple moving average of C$129.10 and a two-hundred day simple moving average of C$164.28. goeasy has a twelve month low of C$117.52 and a twelve month high of C$216.50. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46.

goeasy (TSE:GSY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. goeasy had a return on equity of 25.26% and a net margin of 19.49%.The company had revenue of C$440.22 million during the quarter. On average, analysts anticipate that goeasy will post 20.3207343 EPS for the current year.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.