goeasy (TSE:GSY) Insider Courtenay Andrew Ames Plaunt Sells 497 Shares of Stock

Key Points

• Insider selling: Courtenay Andrew Ames Plaunt sold 497 goeasy shares for C$21,246.75 at an average price of C$42.75, reducing their holdings by 98.42% to just 8 shares.
• Market and financial performance: goeasy shares traded near C$42.89, while the company reported C$1.02 in quarterly EPS and C$390.04 million in revenue. However, it posted a negative net margin of 20.21% and negative return on equity of 37.13%.
• Analyst outlook: Analysts’ consensus rating is “Reduce,” with an average price target of C$42.89; ratings include one Buy, six Holds, and two Sells.

goeasy Ltd. (TSE:GSY - Get Free Report) insider Courtenay Andrew Ames Plaunt sold 497 shares of the company's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of C$42.75, for a total value of C$21,246.75. Following the transaction, the insider owned 8 shares of the company's stock, valued at approximately C$342. This represents a 98.42% decrease in their position.

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 value of C$44,270.38.
• On Tuesday, August 18th, Courtenay Andrew Ames Plaunt sold 2,591 shares of goeasy stock. The shares were sold at an average price of C$45.22, for a total transaction of C$117,165.02.
• On Tuesday, August 18th, Courtenay Andrew Ames Plaunt sold 770 shares of goeasy stock. The shares were sold at an average price of C$45.20, for a total transaction of C$34,804.00.

goeasy Trading Down 0.0%

goeasy stock traded down C$0.02 during mid-day trading on Friday, reaching C$42.89. 122,108 shares of the company traded hands, compared to its average volume of 219,773. The company has a debt-to-equity ratio of 558.73, a current ratio of 22.81 and a quick ratio of 28.46. goeasy Ltd. has a 52-week low of C$27.60 and a 52-week high of C$178.41. The firm has a market capitalization of C$687.70 million, a price-to-earnings ratio of -2.06, a P/E/G ratio of 0.84 and a beta of 1.33. The firm's 50 day moving average price is C$44.93 and its 200 day moving average price is C$40.81.

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

Analyst Upgrades and Downgrades

GSY has been the topic of a number of research analyst reports. Desjardins upped their target price on goeasy from C$38.00 to C$56.00 and gave the stock a "buy" rating in a report on Monday, August 10th. Royal Bank Of Canada lifted their price target on goeasy from C$30.00 to C$35.00 in a research report on Monday, August 10th. National Bank Financial upped their price target on 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. ATB Cormark Capital Markets cut goeasy from a "market perform" rating to an "underperform" rating and set a C$35.00 price target on the stock. in a research note on Wednesday, July 29th. Finally, Raymond James Financial increased their price objective on goeasy from C$42.00 to C$45.00 and gave the stock a "market perform" rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, goeasy currently has a consensus rating of "Reduce" and an average target price of C$42.89.

About goeasy

goeasy Ltd. is a leading Canadian provider of non-prime consumer lending solutions, offering a suite of financial products through its easyfinancial, easyhome, and LendCare brands. goeasy offers unsecured and secured instalment loans, point-of-sale financing, and lease-to-own merchandise through its omni-channel model, which spans online, mobile, and hundreds of locations nationwide. Driven by its team members' dedication to expand access to credit for underserved communities and helping customers strengthen their financial futures, goeasy has proudly served more than 1.6 million customers while building an award-winning culture.

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