goeasy (TSE:GSY) PT Raised to C$225.00

goeasy (TSE:GSY) had its price objective raised by Royal Bank of Canada from C$201.00 to C$225.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective points to a potential upside of 25.61% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. Colliers Securities boosted their price target on goeasy from C$200.00 to C$220.00 in a research report on Wednesday. Raymond James increased their price target on goeasy from C$166.00 to C$200.00 and gave the company an “outperform” rating in a research note on Thursday, February 15th. BMO Capital Markets lifted their price objective on shares of goeasy from C$187.00 to C$192.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Scotiabank increased their target price on goeasy from C$183.00 to C$190.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 30th. Finally, National Bankshares boosted their target price on shares of goeasy from C$195.00 to C$210.00 and gave the company an “outperform” rating in a research report on Tuesday, April 30th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$208.80.

goeasy Trading Down 6.0 %

goeasy stock opened at C$179.13 on Wednesday. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. The firm has a 50-day moving average of C$168.74 and a 200-day moving average of C$154.75. The company has a market cap of C$2.98 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.84 and a beta of 1.97. goeasy has a one year low of C$100.03 and a one year high of C$192.08.

goeasy (TSE:GSY) last released its earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share for the quarter, beating the consensus estimate of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The business had revenue of C$338.11 million during the quarter, compared to analysts’ expectations of C$340.35 million. On average, equities analysts expect that goeasy will post 16.6561044 earnings per share for the current fiscal year.

Insider Buying and Selling at goeasy

In related news, Director David Ingram sold 30,000 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. Company insiders own 22.18% of the company’s stock.

goeasy Company Profile

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.