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

goeasy Ltd. (TSE:GSY) has been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$223.00.

GSY has been the subject of a number of research analyst reports. BMO Capital Markets upgraded shares of goeasy from a “market perform” rating to an “outperform” rating and decreased their price objective for the company from C$207.00 to C$200.00 in a report on Friday, March 14th. Raymond James boosted their price objective on shares of goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. Finally, Jefferies Financial Group lowered their price target on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th.

goeasy Stock Performance

TSE:GSY opened at C$141.81 on Wednesday. goeasy has a fifty-two week low of C$140.73 and a fifty-two week high of C$206.02. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The stock’s fifty day moving average is C$162.18 and its 200 day moving average is C$170.28. The firm has a market capitalization of C$2.38 billion, a PE ratio of 8.62, a PEG ratio of 0.84 and a beta of 1.87.

goeasy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be given a $1.46 dividend. The ex-dividend date is Friday, March 28th. This represents a $5.84 dividend on an annualized basis and a yield of 4.12%. This is a boost from goeasy’s previous quarterly dividend of $1.17. goeasy’s dividend payout ratio 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.