goeasy (TSE:GSY) Price Target Raised to C$240.00

goeasy (TSE:GSY) had its price target increased by National Bankshares from C$235.00 to C$240.00 in a research note released on Wednesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also commented on GSY. Desjardins dropped 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. BMO Capital Markets downgraded shares of goeasy from an “outperform” rating to a “market perform” rating and dropped their target price for the company from C$218.00 to C$202.00 in a research report on Tuesday, October 22nd. Finally, Scotiabank boosted their price target on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$219.33.

goeasy Price Performance

Shares of GSY opened at C$174.61 on Wednesday. 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. The firm’s fifty day simple moving average is C$181.62 and its 200-day simple moving average is C$183.67. goeasy has a twelve month low of C$114.90 and a twelve month high of C$206.02. 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 (TSE:GSY) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$4.01 by C$0.09. goeasy had a return on equity of 25.28% and a net margin of 33.40%. The company had revenue of C$377.80 million during the quarter, compared to the consensus estimate of C$372.40 million. Equities analysts forecast that goeasy will post 20.3207343 EPS for the current fiscal year.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, October 11th were issued a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date was Friday, September 27th. goeasy’s dividend payout ratio is currently 30.45%.

Insider Buying and Selling at goeasy

In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of goeasy stock in a transaction that occurred on 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 owned by company 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.