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

goeasy Ltd. (TSE:GSY) has received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$219.89.

A number of analysts have weighed in on the stock. BMO Capital Markets raised their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Desjardins cut their price objective on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Finally, National Bankshares upped their target price on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th.

goeasy Trading Up 1.3 %

GSY opened at C$163.82 on Monday. The company has a market cap of C$2.75 billion, a P/E ratio of 10.66, 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. The company’s 50 day moving average is C$173.08 and its 200-day moving average is C$182.22. goeasy has a 1-year low of C$150.06 and a 1-year high of C$206.02.

goeasy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, January 10th will be given a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.86%. The ex-dividend date is Friday, December 27th. goeasy’s dividend payout ratio is currently 30.45%.

Insider Buying and Selling at goeasy

In other news, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was bought at an average cost of C$172.62 per share, for a total transaction of C$526,491.00. Also, Senior Officer Jason Mullins sold 2,500 shares of goeasy stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total transaction of C$429,400.00. Corporate insiders own 22.05% of the company’s stock.

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.