goeasy Ltd. (TSE:GSY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

goeasy Ltd. (TSE:GSY) has received an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$220.00.

GSY has been the subject of a number of research analyst reports. Raymond James Financial raised their price target on goeasy from C$215.00 to C$226.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. BMO Capital Markets raised their price target on goeasy from C$228.00 to C$232.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. TD Securities raised their price target on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. National Bankshares set a C$265.00 price target on goeasy and gave the stock an “outperform” rating in a research note on Tuesday, September 23rd. Finally, Scotiabank decreased their price target on goeasy from C$235.00 to C$225.00 and set a “sector perform” rating for the company in a research note on Tuesday, September 23rd.

goeasy Price Performance

TSE:GSY opened at C$174.01 on Wednesday. goeasy has a 1 year low of C$134.01 and a 1 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 firm has a market capitalization of C$2.80 billion, a price-to-earnings ratio of 10.48, a PEG ratio of 0.84 and a beta of 1.16. The business has a 50 day simple moving average of C$198.78 and a 200-day simple moving average of C$170.95.

goeasy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, October 10th will be issued a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, September 26th. goeasy’s dividend payout ratio (DPR) is presently 31.67%.

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.