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

goeasy Ltd. (TSE:GSY) has been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$219.89.

Several brokerages have issued reports on GSY. National Bankshares boosted their price target on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Desjardins reduced their price target on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. BMO Capital Markets upped their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Finally, Jefferies Financial Group cut their price target on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a research report on Tuesday.

goeasy Stock Down 0.2 %

GSY traded down C$0.28 on Tuesday, reaching C$166.49. 31,589 shares of the company traded hands, compared to its average volume of 75,047. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The company has a market cap of C$2.80 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 0.84 and a beta of 1.87. The stock’s 50 day moving average price is C$170.74 and its 200-day moving average price is C$178.44. goeasy has a 52-week low of C$153.31 and a 52-week high of C$206.02.

goeasy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were issued a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 2.81%. The ex-dividend date was Friday, December 27th. goeasy’s payout ratio is presently 30.45%.

Insiders Place Their Bets

In related news, Senior Officer Jason Mullins sold 2,500 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total value of C$429,400.00. Also, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average cost of C$172.62 per share, with a total value of C$526,491.00. Company insiders own 22.05% of the company’s stock.

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.