National Bankshares Cuts goeasy (TSE:GSY) Price Target to C$210.00

goeasy (TSE:GSY) had its target price lowered by research analysts at National Bankshares from C$245.00 to C$210.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 62.92% from the stock’s previous close.

Other analysts have also issued reports about the company. Raymond James Financial lowered goeasy from a “moderate buy” rating to a “hold” rating and dropped their price target for the stock from C$208.00 to C$153.00 in a report on Wednesday, December 3rd. Jefferies Financial Group reduced their price target on shares of goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. TD Securities downgraded shares of goeasy from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$160.00 to C$135.00 in a report on Monday, January 19th. Scotiabank dropped their target price on shares of goeasy from C$225.00 to C$210.00 in a research note on Friday, January 30th. Finally, BMO Capital Markets decreased their price target on shares of goeasy from C$232.00 to C$226.00 in a research note on Thursday, November 6th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, goeasy has an average rating of “Moderate Buy” and a consensus price target of C$186.75.

goeasy Stock Up 1.9%

GSY traded up C$2.42 during mid-day trading on Wednesday, reaching C$128.90. 58,776 shares of the stock were exchanged, compared to its average volume of 122,390. goeasy has a 1 year low of C$117.52 and a 1 year high of C$216.50. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The stock has a market capitalization of C$2.07 billion, a PE ratio of 9.40, a price-to-earnings-growth ratio of 0.84 and a beta of 0.39. The company has a 50 day moving average price of C$130.11 and a two-hundred day moving average price of C$160.59.

goeasy (TSE:GSY) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. goeasy had a net margin of 19.49% and a return on equity of 25.26%. The company had revenue of C$440.22 million for the quarter. As a group, research analysts anticipate that goeasy will post 20.3207343 EPS for the current year.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.