goeasy (TSE:GSY – Get Free Report) released its earnings results on Tuesday. The company reported C($1.90) EPS for the quarter, FiscalAI reports. goeasy had a negative net margin of 10.51% and a negative return on equity of 16.05%. The business had revenue of C$412.86 million during the quarter.
goeasy Stock Performance
Shares of TSE GSY opened at C$30.99 on Wednesday. The firm has a market cap of C$496.89 million, a P/E ratio of -2.87, a PEG ratio of 0.84 and a beta of 1.05. The company has a debt-to-equity ratio of 543.86, a quick ratio of 28.46 and a current ratio of 23.15. The stock has a fifty day moving average price of C$43.76 and a two-hundred day moving average price of C$100.54. goeasy has a 1 year low of C$30.00 and a 1 year high of C$216.50.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on GSY shares. National Bank Financial lowered their price target on goeasy from C$50.00 to C$38.00 in a research report on Thursday, April 2nd. Scotiabank downgraded goeasy from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the company from C$55.00 to C$39.00 in a report on Tuesday, April 28th. Desjardins reduced their price target on goeasy from C$64.00 to C$47.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. ATB Cormark Capital Markets cut goeasy from a “moderate buy” rating to a “hold” rating and cut their price objective for the company from C$85.00 to C$42.00 in a research note on Thursday, April 2nd. Finally, Jefferies Financial Group cut their price objective on goeasy from C$50.00 to C$39.00 in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$54.50.
About goeasy
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.
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