goeasy Ltd. (TSE:GSY) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Analysts have a consensus recommendation of "Hold" on goeasy from nine covering brokers (1 sell, 6 hold, 2 buy), with an average 12‑month target of C$72.00.
• Several firms recently cut targets and ratings — e.g., Jefferies to C$39, National Bank to C$38, Raymond James to C$50 and TD to C$36 — and BMO downgraded the stock from "strong‑buy" to "hold".
• Operationally, goeasy opened at C$31.37, has a market cap of C$502.96M and reported a quarterly loss (EPS C($20.25)) with a negative net margin of 10.51%, while its 12‑month range is C$31.00–C$216.50.

Shares of goeasy Ltd. (TSE:GSY - Get Free Report) have received an average recommendation of "Hold" from the nine analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$72.00.

GSY has been the subject of a number of research reports. Jefferies Financial Group decreased their price target on shares of goeasy from C$50.00 to C$39.00 in a research note on Thursday, April 2nd. National Bank Financial decreased their price target on shares of goeasy from C$50.00 to C$38.00 in a research note on Thursday, April 2nd. Raymond James Financial decreased their price target on shares of goeasy from C$77.00 to C$50.00 in a research note on Thursday, April 2nd. BMO Capital Markets downgraded shares of goeasy from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 10th. Finally, TD Securities decreased their price target on shares of goeasy from C$44.00 to C$36.00 and set a "hold" rating for the company in a research note on Thursday, April 2nd.

goeasy Stock Performance

Shares of TSE:GSY opened at C$31.37 on Friday. The company has a market cap of C$502.96 million, a price-to-earnings ratio of -2.91, a price-to-earnings-growth ratio of 0.84 and a beta of 1.33. The company has a 50-day moving average price of C$79.17 and a 200-day moving average price of C$119.56. The company has a current ratio of 23.15, a quick ratio of 28.46 and a debt-to-equity ratio of 543.86. goeasy has a 12 month low of C$31.00 and a 12 month high of C$216.50.

goeasy (TSE:GSY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 1st. The company reported C($20.25) EPS for the quarter. The firm had revenue of C$446.40 million for the quarter. goeasy had a negative net margin of 10.51% and a negative return on equity of 16.05%. As a group, equities analysts anticipate that goeasy will post 20.3207343 EPS for the current year.

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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