goeasy Ltd. (TSE:GSY) Given Average Rating of “Hold” by Brokerages

goeasy Ltd. (TSE:GSY) has been given an average rating of “Hold” by the nine ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$36.56.

GSY has been the subject of a number of research reports. Royal Bank Of Canada decreased their target price on goeasy from C$33.00 to C$30.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Scotiabank downgraded goeasy from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from C$55.00 to C$39.00 in a research note on Tuesday, April 28th. BMO Capital Markets decreased their target price on goeasy from C$45.00 to C$36.00 in a research note on Wednesday, May 13th. TD Securities decreased their target price on goeasy from C$44.00 to C$36.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. Finally, Raymond James Financial decreased their target price on goeasy from C$46.50 to C$42.00 and set a “market perform” rating for the company in a research note on Thursday, May 14th.

goeasy Stock Performance

TSE:GSY opened at C$43.50 on Friday. The company has a market capitalization of C$697.48 million, a price-to-earnings ratio of -4.04, a price-to-earnings-growth ratio of 0.84 and a beta of 1.43. goeasy has a one year low of C$27.60 and a one year high of C$216.50. The stock has a 50-day simple moving average of C$36.33 and a 200 day simple moving average of C$75.79.

goeasy (TSE:GSY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C($1.90) EPS for the quarter. The firm had revenue of C$412.86 million during the quarter. goeasy had a negative return on equity of 26.45% and a negative net margin of 15.76%. On average, equities research analysts forecast 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.