goeasy Ltd. (TSE:GSY) Receives Consensus Rating of “Hold” from Brokerages

goeasy Ltd. (TSE:GSY) has been assigned a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$36.89.

Several analysts have recently commented on the stock. Raymond James Financial raised their price objective on shares of goeasy from C$42.00 to C$45.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 21st. National Bank Financial dropped their target price on shares of goeasy from C$38.00 to C$34.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 14th. TD Securities cut their target price on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating on the stock in a research note on Thursday, April 2nd. ATB Cormark Capital Markets reduced their price target on shares of goeasy from C$42.00 to C$35.00 and set a “sector perform” rating for the company in a report on Thursday, May 14th. Finally, BMO Capital Markets reduced their price target on shares of goeasy from C$45.00 to C$36.00 in a report on Wednesday, May 13th.

goeasy Price Performance

Shares of goeasy stock opened at C$49.02 on Tuesday. The stock’s 50-day moving average is C$42.04 and its 200 day moving average is C$65.91. goeasy has a one year low of C$27.60 and a one year high of C$216.50. The firm has a market cap of C$785.99 million, a price-to-earnings ratio of -4.55, a PEG ratio of 0.84 and a beta of 1.41.

goeasy (TSE:GSY) last issued its earnings results on Tuesday, May 12th. The company reported C($1.90) earnings per share for the quarter. goeasy had a negative return on equity of 26.45% and a negative net margin of 15.76%.The business had revenue of C$412.86 million during the quarter. On average, sell-side analysts expect that goeasy will post 20.3207343 EPS for the current fiscal 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.