goeasy Ltd. (TSE:GSY) Given Average Rating of “Moderate Buy” by Analysts

goeasy Ltd. (TSE:GSY) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$193.00.

Several equities research analysts have recently commented on the stock. BMO Capital Markets lowered their price target on shares of goeasy from C$232.00 to C$226.00 in a research report on Thursday, November 6th. Jefferies Financial Group dropped their target price on shares of goeasy from C$225.00 to C$194.00 in a report on Monday, November 10th. National Bankshares reduced their price objective on goeasy from C$265.00 to C$245.00 in a research report on Thursday, November 6th. Royal Bank Of Canada lowered their price target on shares of goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. Finally, Scotiabank raised shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 target price for the company in a research note on Thursday, October 16th.

goeasy Trading Down 0.7%

Shares of GSY opened at C$128.32 on Tuesday. The firm has a market capitalization of C$2.06 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 0.84 and a beta of 0.64. goeasy has a 12-month low of C$117.52 and a 12-month high of C$216.50. The stock’s 50-day moving average price is C$129.59 and its 200 day moving average price is C$162.50. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63.

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

goeasy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, January 9th were issued a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, December 24th. goeasy’s dividend payout ratio is currently 40.48%.

goeasy Company Profile

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.