goeasy Ltd. (TSE:GSY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of goeasy Ltd. (TSE:GSY) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$189.67.

A number of equities analysts recently issued reports on the stock. Cormark boosted their target price on shares of goeasy from C$193.00 to C$200.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. National Bankshares increased their target price on shares of goeasy from C$190.00 to C$195.00 and gave the company an “outperform” rating in a research note on Wednesday, February 14th. BMO Capital Markets boosted their price target on goeasy from C$187.00 to C$192.00 and gave the company an “outperform” rating in a research note on Thursday, February 15th. Raymond James raised their price objective on goeasy from C$166.00 to C$200.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Finally, Desjardins raised their target price on goeasy from C$185.00 to C$190.00 and gave the stock a “buy” rating in a research report on Monday.

Insider Activity

In related news, Director David Ingram sold 30,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. 22.53% of the stock is owned by corporate insiders.

goeasy Trading Down 0.1 %

Shares of TSE:GSY opened at C$175.09 on Wednesday. goeasy has a 52-week low of C$87.00 and a 52-week high of C$180.10. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. The company has a market cap of C$2.91 billion, a P/E ratio of 12.09, a P/E/G ratio of 0.84 and a beta of 2.03. The stock’s 50-day moving average is C$165.70 and its 200-day moving average is C$149.11.

goeasy (TSE:GSY) last issued its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 EPS for the quarter, topping the consensus estimate of C$3.92 by C$0.09. goeasy had a return on equity of 25.77% and a net margin of 33.21%. The company had revenue of C$338.11 million for the quarter, compared to the consensus estimate of C$340.35 million. Equities research analysts predict that goeasy will post 16.5811069 earnings per share for the current year.

goeasy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were issued a dividend of $1.17 per share. The ex-dividend date was Wednesday, March 27th. This is a boost from goeasy’s previous quarterly dividend of $0.96. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.67%. goeasy’s dividend payout ratio (DPR) is presently 32.32%.

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.