Brokerages Set goeasy Ltd. (TSE:GSY) Price Target at C$193.00

goeasy Ltd. (TSE:GSY) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$193.00.

A number of analysts have recently issued reports on the company. National Bankshares decreased their target price on goeasy from C$265.00 to C$245.00 in a report on Thursday, November 6th. TD Securities cut shares of goeasy from a “buy” rating to a “hold” rating and reduced their price target for the company from C$160.00 to C$135.00 in a research report on Monday, January 19th. Jefferies Financial Group decreased their price objective on shares of goeasy from C$225.00 to C$194.00 in a research note on Monday, November 10th. BMO Capital Markets cut their target price on shares of goeasy from C$232.00 to C$226.00 in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada reduced their target price on shares of goeasy from C$194.00 to C$156.00 in a report on Friday, November 7th.

goeasy Trading Down 2.6%

GSY stock opened at C$125.46 on Tuesday. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The company has a market cap of C$2.01 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 0.84 and a beta of 0.64. The business has a fifty day simple moving average of C$130.07 and a 200-day simple moving average of C$161.72. goeasy has a 52 week low of C$117.52 and a 52 week high of C$216.50.

goeasy (TSE:GSY) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$4.12 earnings per share (EPS) for the quarter. The firm had revenue of C$440.22 million during the quarter. goeasy had a return on equity of 25.26% and a net margin of 19.49%. On average, equities research analysts expect that goeasy will post 20.3207343 EPS for the current year.

goeasy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, January 9th were paid a dividend of $1.46 per share. This represents a $5.84 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Wednesday, December 24th. goeasy’s payout ratio is currently 40.48%.

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.