goeasy (TSE:GSY) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

goeasy (TSE:GSY) had its price target upped by equities research analysts at BMO Capital Markets from C$202.00 to C$207.00 in a research report issued on Monday,BayStreet.CA reports. BMO Capital Markets’ price objective indicates a potential upside of 15.31% from the company’s current price.

A number of other brokerages have also recently issued reports on GSY. National Bankshares boosted their price objective on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Scotiabank raised their target price on shares of goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. Finally, Desjardins decreased their price target on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$219.89.

goeasy Price Performance

TSE:GSY traded up C$0.27 during mid-day trading on Monday, reaching C$179.51. The stock had a trading volume of 21,758 shares, compared to its average volume of 49,612. The stock has a 50-day simple moving average of C$180.44 and a two-hundred day simple moving average of C$184.07. The stock has a market capitalization of C$3.02 billion, a PE ratio of 11.68, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 12 month low of C$121.33 and a 12 month high of C$206.02. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46.

goeasy (TSE:GSY) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$4.10 earnings per share for the quarter, beating the consensus estimate of C$4.01 by C$0.09. goeasy had a net margin of 33.40% and a return on equity of 25.28%. The firm had revenue of C$377.80 million for the quarter, compared to analyst estimates of C$372.40 million. On average, equities analysts anticipate that goeasy will post 20.3207343 earnings per share for the current year.

Insider Transactions at goeasy

In related news, Senior Officer Jason Mullins sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. Company insiders own 22.05% of the company’s stock.

goeasy Company Profile

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.