goeasy Ltd. (TSE:GSY) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of goeasy Ltd. (TSE:GSY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$211.13.

A number of analysts have commented on GSY shares. Jefferies Financial Group dropped their price target on shares of goeasy from C$222.00 to C$182.00 in a research report on Monday, April 21st. TD Securities dropped their price target on shares of goeasy from C$199.00 to C$192.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Scotiabank dropped their price target on shares of goeasy from C$240.00 to C$215.00 and set a "sector perform" rating on the stock in a research report on Thursday, April 24th. Cormark dropped their price target on shares of goeasy from C$240.00 to C$210.00 in a research report on Thursday, April 24th. Finally, National Bankshares dropped their price target on shares of goeasy from C$240.00 to C$235.00 and set an "outperform" rating on the stock in a research report on Thursday, May 8th.

Insider Activity at goeasy

In other goeasy news, Senior Officer Daniel Llewellyn Rees bought 1,000 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The shares were acquired at an average cost of C$160.00 per share, for a total transaction of C$160,000.00. 22.05% of the stock is owned by insiders.

goeasy Stock Performance

goeasy stock traded up C$1.87 during midday trading on Friday, reaching C$171.50. 32,616 shares of the stock traded hands, compared to its average volume of 65,098. goeasy has a fifty-two week low of C$134.01 and a fifty-two week high of C$205.49. The firm has a market cap of C$2.88 billion, a price-to-earnings ratio of 10.43, a PEG ratio of 0.84 and a beta of 1.87. The firm has a fifty day moving average price of C$157.35 and a two-hundred day moving average price of C$160.71. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.

goeasy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Friday, July 11th were issued a $1.46 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.41%. goeasy's payout ratio is currently 28.45%.

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.