goeasy Ltd. (TSE:GSY) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts have a consensus recommendation of "Hold" on goeasy from eight covering analysts (1 sell, 5 hold, 2 buy), with an average 12‑month target price of C$180.33.
• Several major brokers recently downgraded or cut targets on GSY—Jefferies and BMO moved to hold, ATB Cormark trimmed its target to C$185, Scotiabank cut to C$210, and TD reduced its target to C$135 while lowering its rating.
• GSY opened at C$38.24 (12‑month range C$33.13–C$216.50) with a market cap of C$612.8M and a P/E of 2.79, and it pays a quarterly dividend that annualizes to $5.84 for a yield of 15.3%.

goeasy Ltd. (TSE:GSY - Get Free Report) has been assigned a consensus recommendation of "Hold" from the eight analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$180.33.

Several analysts have recently weighed in on GSY shares. ATB Cormark Capital Markets reduced their price target on goeasy from C$200.00 to C$185.00 and set an "outperform" rating on the stock in a report on Friday, February 13th. Jefferies Financial Group lowered shares of goeasy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 11th. Scotiabank cut their target price on shares of goeasy from C$225.00 to C$210.00 in a research report on Friday, January 30th. BMO Capital Markets lowered shares of goeasy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 10th. Finally, TD Securities cut shares of goeasy from a "buy" rating to a "hold" rating and decreased their price target for the company from C$160.00 to C$135.00 in a research report on Monday, January 19th.

goeasy Price Performance

GSY stock opened at C$38.24 on Wednesday. The company's 50-day moving average price is C$113.44 and its two-hundred day moving average price is C$140.48. The firm has a market cap of C$612.83 million, a P/E ratio of 2.79, a P/E/G ratio of 0.84 and a beta of 0.16. The company has a quick ratio of 28.46, a current ratio of 42.83 and a debt-to-equity ratio of 383.82. goeasy has a 12 month low of C$33.13 and a 12 month high of C$216.50.

goeasy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were issued a $1.46 dividend. The ex-dividend date was Wednesday, December 24th. This represents a $5.84 annualized dividend and a yield of 15.3%. goeasy's dividend payout ratio is presently 40.48%.

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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