goeasy Ltd. (TSE:GSY) Receives Consensus Rating of “Moderate Buy” from Brokerages

goeasy Ltd. (TSE:GSY) has been assigned an average rating of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$219.89.

A number of research analysts have recently commented on the company. Desjardins lowered their target price on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. National Bankshares raised their price objective on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Scotiabank upped their target price on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Finally, BMO Capital Markets lifted their price target on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th.

goeasy Stock Performance

Shares of GSY opened at C$170.54 on Thursday. goeasy has a one year low of C$128.59 and a one year high of C$206.02. The company has a 50-day simple moving average of C$178.54 and a two-hundred day simple moving average of C$183.63. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The firm has a market capitalization of C$2.87 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be given a $1.17 dividend. This represents a $4.68 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s dividend payout ratio is presently 30.45%.

Insider Buying and Selling

In other goeasy news, Senior Officer Patrick Ryan Doris Ens purchased 3,050 shares of the stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost of C$172.62 per share, with a total value of C$526,491.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total value of C$316,051.56. 22.05% of the stock is currently owned by company insiders.

About goeasy

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.