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

Shares of goeasy Ltd. (TSE:GSY) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$219.89.

Several equities research analysts have recently issued reports on GSY shares. Scotiabank lifted their price objective on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Desjardins lowered their price objective on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. BMO Capital Markets increased their price objective on goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Finally, National Bankshares boosted their target price on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th.

Insider Activity at goeasy

In other goeasy news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total transaction of C$316,051.56. Also, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of goeasy stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of C$172.62 per share, with a total value of C$526,491.00. Insiders own 22.05% of the company’s stock.

goeasy Stock Up 0.4 %

Shares of goeasy stock opened at C$170.54 on Thursday. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. goeasy has a 52-week low of C$128.59 and a 52-week high of C$206.02. The company has a market capitalization of C$2.87 billion, a P/E ratio of 11.10, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a 50 day moving average of C$178.54 and a 200 day moving average of C$183.63.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be issued a $1.17 dividend. This represents a $4.68 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s payout ratio is currently 30.45%.

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.