goeasy Ltd. (TSE:GSY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of goeasy Ltd. (TSE:GSY) have been given a consensus rating of “Moderate Buy” by the eight brokerages that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$219.89.

GSY has been the topic of several research analyst reports. Desjardins cut their price objective on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. BMO Capital Markets boosted their target price on goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. Scotiabank boosted their target price on goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. Finally, National Bankshares boosted their target price on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th.

goeasy Stock Down 0.2 %

Shares of TSE:GSY opened at C$171.31 on Thursday. The business’s 50 day moving average is C$177.43 and its 200 day moving average is C$183.24. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. goeasy has a 12-month low of C$136.30 and a 12-month high of C$206.02. The stock has a market cap of C$2.88 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 0.84 and a beta of 1.87.

goeasy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be given a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.73%. The ex-dividend date is Friday, December 27th. goeasy’s payout ratio is 30.45%.

Insider Buying and Selling

In other news, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was purchased at an average cost of C$172.62 per share, for a total transaction of C$526,491.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. 22.05% of the stock is owned by company insiders.

About goeasy

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.