goeasy (TSE:GSY) Price Target Raised to C$255.00

goeasy (TSE:GSY) had its price objective increased by National Bankshares from C$235.00 to C$255.00 in a research note published on Tuesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities analysts have also issued research reports about the company. BMO Capital Markets increased their target price on goeasy from C$220.00 to C$228.00 and gave the company an “outperform” rating in a report on Monday. Jefferies Financial Group dropped their target price on goeasy from C$222.00 to C$182.00 in a report on Monday, April 21st. Cormark dropped their target price on goeasy from C$240.00 to C$210.00 in a report on Thursday, April 24th. TD Securities increased their target price on goeasy from C$192.00 to C$205.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Scotiabank increased their target price on goeasy from C$205.00 to C$230.00 in a report on Wednesday, July 23rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$220.63.

goeasy Stock Down 1.2%

Shares of TSE GSY opened at C$183.00 on Tuesday. The stock has a market cap of C$3.07 billion, a P/E ratio of 11.12, a PEG ratio of 0.84 and a beta of 1.87. The business’s fifty day simple moving average is C$165.29 and its 200-day simple moving average is C$161.81. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. goeasy has a 12-month low of C$134.01 and a 12-month high of C$205.49.

goeasy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were issued a dividend of $1.46 per share. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.84 annualized dividend and a dividend yield of 3.2%. goeasy’s dividend payout ratio (DPR) is presently 28.45%.

Insider Activity

In other news, Senior Officer Daniel Llewellyn Rees acquired 1,000 shares of the company’s stock in a transaction on Monday, June 23rd. The shares were bought at an average price of C$160.00 per share, with a total value of C$160,000.00. Insiders own 22.05% 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.