goeasy Ltd. (TSE:GSY) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• goeasy Ltd. has received a consensus rating of "Moderate Buy" from seven research firms, with six analysts recommending a buy and one a hold.
• The average 1-year price target among brokers is C$220.00, with some analysts setting targets as high as C$265.00.
• goeasy has announced a quarterly dividend of $1.46 per share, which reflects an annualized yield of 3.3% and a dividend payout ratio of 31.67%.

Shares of goeasy Ltd. (TSE:GSY - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$220.00.

A number of brokerages have recently commented on GSY. TD Securities raised their target price on shares of goeasy from C$205.00 to C$210.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th. Raymond James Financial raised their target price on shares of goeasy from C$215.00 to C$226.00 and gave the stock an "outperform" rating in a research report on Thursday, August 7th. National Bankshares set a C$265.00 target price on shares of goeasy and gave the stock an "outperform" rating in a research report on Tuesday. Scotiabank reduced their target price on shares of goeasy from C$235.00 to C$225.00 and set a "sector perform" rating on the stock in a research report on Tuesday. Finally, BMO Capital Markets raised their target price on shares of goeasy from C$228.00 to C$232.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th.

goeasy Stock Down 5.2%

Shares of TSE GSY opened at C$174.66 on Wednesday. The company has a market cap of C$2.81 billion, a P/E ratio of 10.52, a PEG ratio of 0.84 and a beta of 1.16. The firm has a 50-day simple moving average of C$198.63 and a two-hundred day simple moving average of C$170.16. goeasy has a 1 year low of C$134.01 and a 1 year high of C$216.50. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46.

goeasy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Friday, October 10th will be given a dividend of $1.46 per share. The ex-dividend date of this dividend is Friday, September 26th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.3%. goeasy's dividend payout ratio (DPR) is 31.67%.

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.

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