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

goeasy Ltd. (TSE:GSY) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$219.89.

Several analysts have recently commented on the company. National Bankshares raised their price target on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. BMO Capital Markets raised their target price on goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Finally, Desjardins lowered 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 note on Wednesday, October 23rd.

Insider Activity at goeasy

In related 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 bought at an average price of C$172.62 per share, with a total value of C$526,491.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total value of C$316,051.56. 22.05% of the stock is owned by corporate insiders.

goeasy Trading Up 1.1 %

Shares of goeasy stock opened at C$175.78 on Friday. The firm has a market cap of C$2.95 billion, a price-to-earnings ratio of 11.44, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. goeasy has a 52-week low of C$150.06 and a 52-week high of C$206.02. The company’s 50-day simple moving average is C$169.36 and its 200-day simple moving average is C$179.61. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Friday, December 27th. 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.