goeasy (TSE:GSY) Given New C$205.00 Price Target at Desjardins

goeasy (TSE:GSY) had its price objective boosted by Desjardins from C$190.00 to C$205.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective indicates a potential upside of 9.74% from the company’s current price.

Several other research analysts have also recently weighed in on GSY. Royal Bank of Canada increased their price target on shares of goeasy from C$201.00 to C$225.00 and gave the company an “outperform” rating in a report on Wednesday. Cormark upped their price objective 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. BMO Capital Markets raised their price target on shares of goeasy from C$187.00 to C$192.00 and gave the company an “outperform” rating in a research note on Thursday, February 15th. Scotiabank boosted their price target on shares of goeasy from C$183.00 to C$190.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 30th. Finally, Colliers Securities increased their price objective on shares of goeasy from C$200.00 to C$220.00 in a research report on Wednesday. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$206.20.

goeasy Stock Up 1.2 %

Shares of goeasy stock traded up C$2.27 during trading hours on Wednesday, reaching C$186.80. 86,361 shares of the company’s stock were exchanged, compared to its average volume of 40,734. goeasy has a fifty-two week low of C$94.20 and a fifty-two week high of C$188.25. The stock has a market cap of C$3.11 billion, a P/E ratio of 12.90, a P/E/G ratio of 0.84 and a beta of 1.97. The company has a 50 day moving average of C$167.99 and a two-hundred day moving average of C$154.33. The company has a current ratio of 15.62, a quick ratio of 28.46 and a debt-to-equity ratio of 278.25.

goeasy (TSE:GSY) last issued its earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The business had revenue of C$338.11 million during the quarter, compared to the consensus estimate of C$340.35 million. On average, sell-side analysts forecast that goeasy will post 16.6561044 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director David Ingram sold 30,000 shares of goeasy stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. 22.18% of the stock is owned by company insiders.

goeasy Company Profile

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.