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

Shares of goeasy Ltd. (TSE:GSY) have received a consensus rating of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$223.00.

A number of equities analysts have weighed in on GSY shares. BMO Capital Markets upgraded shares of goeasy from a “market perform” rating to an “outperform” rating and cut their target price for the stock from C$207.00 to C$200.00 in a research report on Friday, March 14th. Jefferies Financial Group lowered their target price on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Finally, Raymond James raised their price target on goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th.

goeasy Stock Up 3.4 %

GSY stock opened at C$156.10 on Wednesday. The stock has a fifty day moving average of C$164.54 and a 200-day moving average of C$170.87. goeasy has a fifty-two week low of C$140.73 and a fifty-two week high of C$206.02. The company has a market capitalization of C$2.62 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be issued a $1.46 dividend. The ex-dividend date is Friday, March 28th. This represents a $5.84 annualized dividend and a dividend yield of 3.74%. This is a boost from goeasy’s previous quarterly dividend of $1.17. goeasy’s dividend payout ratio is presently 28.45%.

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.