ATB Cormark Capital Markets Has Lowered Expectations for goeasy (TSE:GSY) Stock Price

goeasy (TSE:GSY) had its target price decreased by analysts at ATB Cormark Capital Markets from C$200.00 to C$185.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ price target would suggest a potential upside of 52.16% from the company’s previous close.

Several other research analysts have also commented on GSY. Jefferies Financial Group decreased their price objective on shares of goeasy from C$225.00 to C$194.00 in a report on Monday, November 10th. Raymond James Financial downgraded shares of goeasy from a “moderate buy” rating to a “hold” rating and decreased their price target for the stock from C$208.00 to C$153.00 in a research note on Wednesday, December 3rd. National Bank Financial reduced their target price on goeasy from C$245.00 to C$210.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Scotiabank decreased their target price on goeasy from C$225.00 to C$210.00 in a research report on Friday, January 30th. Finally, Royal Bank Of Canada dropped their price target on goeasy from C$194.00 to C$156.00 in a research report on Friday, November 7th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$186.56.

goeasy Trading Up 0.0%

GSY opened at C$121.58 on Friday. goeasy has a one year low of C$117.52 and a one year high of C$216.50. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. The business has a 50 day simple moving average of C$129.30 and a two-hundred day simple moving average of C$157.62. The firm has a market capitalization of C$1.95 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 0.84 and a beta of 0.39.

goeasy (TSE:GSY) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. The firm had revenue of C$440.22 million for the quarter. goeasy had a return on equity of 25.26% and a net margin of 19.49%. Analysts predict that goeasy will post 20.3207343 EPS for the current year.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.