Jefferies Financial Group Has Lowered Expectations for goeasy (TSE:GSY) Stock Price

goeasy (TSE:GSY) had its price objective reduced by Jefferies Financial Group from C$228.00 to C$215.00 in a research note released on Tuesday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. Desjardins lowered their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. BMO Capital Markets boosted their target price on shares of goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Finally, National Bankshares boosted their target price on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$219.40.

goeasy Price Performance

goeasy stock opened at C$168.64 on Tuesday. goeasy has a 1 year low of C$153.31 and a 1 year high of C$206.02. The firm has a 50 day moving average price of C$170.60 and a 200 day moving average price of C$178.04. The company has a market cap of C$2.83 billion, a price-to-earnings ratio of 10.25, a PEG ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a yield of 2.78%. goeasy’s dividend payout ratio (DPR) is 28.45%.

Insider Buying and Selling at goeasy

In other news, Senior Officer Jason Mullins sold 2,500 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. 22.05% of the stock is currently owned by corporate insiders.

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.