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

goeasy Ltd. (TSE:GSY) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$219.33.

GSY has been the subject of a number of recent research reports. BMO Capital Markets lowered goeasy from an “outperform” rating to a “market perform” rating and cut their target price for the company from C$218.00 to C$202.00 in a research note on Tuesday, October 22nd. Scotiabank increased their price objective on goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. National Bankshares increased their price objective on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Desjardins dropped their price objective on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd.

Insider Activity

In related news, Senior Officer Jason Mullins sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total value of C$846,000.00. 22.05% of the stock is currently owned by corporate insiders.

goeasy Stock Performance

Shares of TSE GSY opened at C$174.61 on Friday. The business has a fifty day simple moving average of C$181.38 and a 200 day simple moving average of C$183.66. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. The firm has a market capitalization of C$2.93 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 0.84 and a beta of 1.87. goeasy has a one year low of C$114.90 and a one year high of C$206.02.

goeasy (TSE:GSY) last issued its earnings results on Thursday, August 8th. The company reported C$4.10 EPS for the quarter, beating analysts’ consensus estimates of C$4.01 by C$0.09. The business had revenue of C$377.80 million during the quarter, compared to analyst estimates of C$372.40 million. goeasy had a return on equity of 25.28% and a net margin of 33.40%. Sell-side analysts expect that goeasy will post 20.3207343 EPS for the current year.

goeasy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, October 11th were paid a $1.17 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.68%. goeasy’s dividend payout ratio (DPR) is presently 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.