Analysts Set goeasy Ltd. (TSE:GSY) Target Price at C$219.89

Shares of goeasy Ltd. (TSE:GSY) have been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$219.89.

GSY has been the subject of a number of recent analyst reports. Desjardins decreased their target price 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. National Bankshares boosted their price objective 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. Scotiabank increased their price objective on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Finally, BMO Capital Markets lifted their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th.

goeasy Stock Up 0.6 %

goeasy stock opened at C$174.03 on Thursday. The firm has a market cap of C$2.92 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 0.84 and a beta of 1.87. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. goeasy has a 12 month low of C$132.22 and a 12 month high of C$206.02. The stock has a fifty day simple moving average of C$177.95 and a two-hundred day simple moving average of C$183.37.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be given a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s payout ratio is 30.45%.

Insider Buying and Selling

In other news, Senior Officer Patrick Ryan Doris Ens purchased 3,050 shares of the company’s stock in a transaction on Friday, November 15th. The stock was acquired at an average cost of C$172.62 per share, for a total transaction of C$526,491.00. Also, 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. 22.05% of the stock is owned by insiders.

goeasy Company Profile

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.