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

Key Points

• goeasy Ltd. has received an average recommendation of "Moderate Buy" from analysts, with one hold and seven buy ratings, and a 12-month price target averaging C$217.11.
• The company recently paid a quarterly dividend of $1.46 per share, resulting in an annualized yield of 3.7% and a payout ratio of 31.67%.
• As of the latest trading session, goeasy's stock price is C$159.40, down 2.4%, and the company has a market cap of C$2.56 billion.

goeasy Ltd. (TSE:GSY - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$217.11.

GSY has been the subject of a number of research analyst reports. TD Securities raised their target price on goeasy from C$205.00 to C$210.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Royal Bank Of Canada set a C$194.00 target price on goeasy and gave the company a "hold" rating in a research note on Wednesday, October 1st. National Bankshares set a C$265.00 target price on goeasy and gave the company an "outperform" rating in a research note on Tuesday, September 23rd. Scotiabank upgraded goeasy from a "hold" rating to an "outperform" rating and set a C$225.00 target price for the company in a research note on Thursday. Finally, BMO Capital Markets raised their target price on goeasy from C$228.00 to C$232.00 and gave the company an "outperform" rating in a research note on Friday, August 8th.

goeasy Trading Down 2.4%

GSY opened at C$159.40 on Friday. The stock has a market cap of C$2.56 billion, a PE ratio of 9.60, a PEG ratio of 0.84 and a beta of 0.90. 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 business has a 50 day moving average of C$192.25 and a 200-day moving average of C$172.07. goeasy has a 52 week low of C$134.01 and a 52 week high of C$216.50.

goeasy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, October 10th were given a dividend of $1.46 per share. This represents a $5.84 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Friday, September 26th. goeasy's dividend payout ratio (DPR) is 31.67%.

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.

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