goeasy Ltd. (TSE:GSY) Receives C$219.89 Consensus Target Price from Analysts

goeasy Ltd. (TSE:GSY) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$219.89.

A number of analysts have commented on the company. National Bankshares boosted their target price on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. BMO Capital Markets boosted their price objective on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Finally, Desjardins dropped their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd.

goeasy Price Performance

Shares of TSE:GSY opened at C$163.57 on Monday. The firm has a market capitalization of C$2.75 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The business’s 50 day simple moving average is C$170.74 and its 200-day simple moving average is C$181.39. goeasy has a 12 month low of C$150.06 and a 12 month high of C$206.02.

goeasy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, January 10th will be given a dividend of $1.17 per share. The ex-dividend date is Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a yield of 2.86%. goeasy’s dividend payout ratio (DPR) is currently 30.45%.

Insiders Place Their Bets

In related news, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were acquired at an average cost of C$172.62 per share, for a total transaction of C$526,491.00. Also, Senior Officer Jason Mullins sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. 22.05% of the stock is owned by corporate 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.