goeasy (TSE:GSY) Insider Courtenay Andrew Ames Plaunt Sells 2,591 Shares of Stock

Key Points

• Insider selling: Courtenay Andrew Ames Plaunt sold 4,340 goeasy shares on August 18 at approximately C$45.20–C$45.22 per share, generating total proceeds of about C$196,239.
• Stock performance and results: goeasy shares rose 5.3% to C$43.70, while the company recently reported quarterly EPS of C$1.02 and revenue of C$390.04 million. However, it posted a negative net margin of 20.21% and return on equity of 37.13%.
• Analyst outlook: Analysts’ average rating is “Reduce,” with an average price target of C$42.89; current recommendations include one Buy, six Holds, and two Sells, despite several firms recently raising their targets.

goeasy Ltd. (TSE:GSY - Get Free Report) insider Courtenay Andrew Ames Plaunt sold 2,591 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of C$45.22, for a total transaction of C$117,165.02.

Courtenay Andrew Ames Plaunt also recently made the following trade(s):

• On Tuesday, August 18th, Courtenay Andrew Ames Plaunt sold 979 shares of goeasy stock. The stock was sold at an average price of C$45.22, for a total transaction of C$44,270.38.
• On Tuesday, August 18th, Courtenay Andrew Ames Plaunt sold 770 shares of goeasy stock. The stock was sold at an average price of C$45.20, for a total transaction of C$34,804.00.

goeasy Trading Up 5.3%

GSY traded up C$2.19 during trading on Friday, hitting C$43.70. The company's stock had a trading volume of 60,392 shares, compared to its average volume of 243,041. The firm's 50 day moving average price is C$45.49 and its 200-day moving average price is C$54.10. The company has a debt-to-equity ratio of 558.73, a current ratio of 22.81 and a quick ratio of 28.46. The stock has a market cap of C$700.69 million, a PE ratio of -2.09, a PEG ratio of 0.84 and a beta of 1.39. goeasy Ltd. has a twelve month low of C$27.60 and a twelve month high of C$216.50.

goeasy (TSE:GSY - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$1.02 earnings per share (EPS) for the quarter. The business had revenue of C$390.04 million for the quarter. goeasy had a negative return on equity of 37.13% and a negative net margin of 20.21%. On average, analysts expect that goeasy Ltd. will post 20.3207343 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on GSY. Jefferies Financial Group lifted their price target on goeasy from C$45.00 to C$51.00 in a report on Monday, August 10th. BMO Capital Markets cut their price objective on shares of goeasy from C$45.00 to C$36.00 in a report on Wednesday, May 13th. Raymond James Financial boosted their target price on shares of goeasy from C$42.00 to C$45.00 and gave the company a "market perform" rating in a report on Tuesday, July 21st. Royal Bank Of Canada upped their price target on shares of goeasy from C$30.00 to C$35.00 in a research report on Monday, August 10th. Finally, National Bank Financial increased their price target on shares of goeasy from C$43.00 to C$53.00 and gave the stock a "sector perform" rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, goeasy presently has an average rating of "Reduce" and an average price target of C$42.89.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source