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

Shares of goeasy Ltd. (TSE:GSY) have been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$223.00.

Several analysts have recently weighed in on GSY shares. BMO Capital Markets raised shares of goeasy from a “market perform” rating to an “outperform” rating and dropped their price target for the company from C$207.00 to C$200.00 in a research note on Friday. Raymond James increased their price objective on goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. Finally, Jefferies Financial Group reduced their target price on goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th.

goeasy Trading Up 5.6 %

Shares of GSY stock opened at C$148.86 on Friday. goeasy has a twelve month low of C$140.73 and a twelve month high of C$206.02. The stock has a market cap of C$2.50 billion, a price-to-earnings ratio of 9.05, a PEG ratio of 0.84 and a beta of 1.87. The company’s 50-day moving average price is C$170.25 and its 200-day moving average price is C$173.90. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.

goeasy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be paid a $1.46 dividend. This is a positive change from goeasy’s previous quarterly dividend of $1.17. The ex-dividend date of this dividend is Friday, March 28th. This represents a $5.84 annualized dividend and a dividend yield of 3.92%. goeasy’s dividend payout ratio (DPR) is presently 28.45%.

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.