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

goeasy Ltd. (TSE:GSY) has been given a consensus recommendation of “Reduce” by the nine ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$42.89.

A number of research firms recently issued reports on GSY. BMO Capital Markets decreased their target price on shares of goeasy from C$45.00 to C$36.00 in a research report on Wednesday, May 13th. Jefferies Financial Group increased their price target on goeasy from C$45.00 to C$51.00 in a research report on Monday, August 10th. ATB Cormark Capital Markets lowered goeasy from a “market perform” rating to an “underperform” rating and set a C$35.00 price objective for the company. in a research note on Wednesday, July 29th. National Bank Financial lifted their price objective on goeasy from C$43.00 to C$53.00 and gave the company a “sector perform” rating in a research note on Monday, August 10th. Finally, Desjardins boosted their price objective on goeasy from C$38.00 to C$56.00 and gave the company a “buy” rating in a report on Monday, August 10th.

goeasy Price Performance

Shares of TSE:GSY opened at C$43.09 on Friday. goeasy has a twelve month low of C$27.60 and a twelve month high of C$216.50. The company has a current ratio of 22.81, a quick ratio of 28.46 and a debt-to-equity ratio of 558.73. The company has a market cap of C$690.91 million, a PE ratio of -2.06, a price-to-earnings-growth ratio of 0.84 and a beta of 1.39. The company’s 50 day moving average is C$45.42 and its 200 day moving average is C$54.68.

goeasy (TSE:GSY) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$1.02 EPS for the quarter. The business had revenue of C$390.04 million during the quarter. goeasy had a negative net margin of 20.21% and a negative return on equity of 37.13%. On average, sell-side analysts forecast 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.