goeasy ltd. (TSE:GSY) Receives Consensus Recommendation of “Buy” from Brokerages

goeasy ltd. (TSE:GSY – Get Rating) has been assigned an average recommendation of “Buy” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$196.25.

A number of research firms have recently issued reports on GSY. TD Securities dropped their price objective on shares of goeasy from C$220.00 to C$215.00 and set a “buy” rating on the stock in a research note on Friday, May 13th. CIBC dropped their price target on shares of goeasy from C$200.00 to C$180.00 and set an “outperform” rating for the company in a research note on Thursday, May 12th. Raymond James lifted their price target on shares of goeasy from C$207.00 to C$213.00 and gave the stock a “strong-buy” rating in a research note on Thursday, May 12th. BMO Capital Markets dropped their price target on shares of goeasy from C$228.00 to C$225.00 in a research note on Friday, May 13th. Finally, Scotiabank dropped their price target on shares of goeasy from C$170.00 to C$160.00 in a research note on Friday, May 13th.

Shares of GSY stock opened at C$97.38 on Friday. The stock has a market cap of C$1.54 billion and a price-to-earnings ratio of 10.43. The firm’s 50 day moving average price is C$112.03 and its two-hundred day moving average price is C$138.16. goeasy has a fifty-two week low of C$95.00 and a fifty-two week high of C$218.35. The company has a quick ratio of 15.94, a current ratio of 16.00 and a debt-to-equity ratio of 240.20.

goeasy (TSE:GSY – Get Rating) last posted its quarterly earnings data on Wednesday, May 11th. The company reported C$2.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$2.78 by C($0.06). The firm had revenue of C$232.14 million for the quarter, compared to the consensus estimate of C$233.25 million. On average, equity analysts forecast that goeasy will post 14.5699995 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 8th. Shareholders of record on Friday, July 8th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Thursday, June 23rd. goeasy’s dividend payout ratio is currently 30.97%.

About goeasy (Get Rating)

goeasy ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.

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Analyst Recommendations for goeasy (TSE:GSY)

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