goeasy (TSE:GSY) PT Raised to C$190.00

goeasy (TSE:GSY) had its price target hoisted by equities researchers at Desjardins from C$185.00 to C$190.00 in a report released on Monday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Desjardins’ price target points to a potential upside of 8.52% from the stock’s previous close.

Several other brokerages also recently commented on GSY. BMO Capital Markets increased their target price on shares of goeasy from C$187.00 to C$192.00 and gave the company an “outperform” rating in a report on Thursday, February 15th. National Bankshares raised their price objective on shares of goeasy from C$190.00 to C$195.00 and gave the stock an “outperform” rating in a report on Wednesday, February 14th. Cormark raised their price objective on shares of goeasy from C$193.00 to C$200.00 and gave the stock a “buy” rating in a report on Wednesday, February 14th. Scotiabank raised their price objective on shares of goeasy from C$145.00 to C$170.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 31st. Finally, Royal Bank of Canada lifted their target price on shares of goeasy from C$193.00 to C$195.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$189.67.

goeasy Stock Performance

Shares of GSY stock opened at C$175.09 on Monday. The firm has a 50-day moving average of C$165.70 and a 200-day moving average of C$149.11. 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 company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. goeasy has a one year low of C$87.00 and a one year high of C$180.10.

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

Insider Transactions at goeasy

In other news, Director David Ingram sold 30,000 shares of the firm’s stock in a transaction that occurred 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. Corporate insiders own 22.53% 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.