goeasy Ltd. (TSE:GSY) Stock Has Consensus Target Price of C$42.89

goeasy Ltd. (TSE:GSY) has been assigned a consensus recommendation of “Reduce” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$42.89.

GSY has been the subject of several research analyst reports. Desjardins lifted their price objective on goeasy from C$38.00 to C$56.00 and gave the company a “buy” rating in a research note on Monday, August 10th. National Bank Financial upped their target price on goeasy from C$43.00 to C$53.00 and gave the stock a “sector perform” rating in a research note on Monday, August 10th. Royal Bank Of Canada raised their price target on goeasy from C$30.00 to C$35.00 in a report on Monday, August 10th. Raymond James Financial lifted their price target on goeasy from C$42.00 to C$45.00 and gave the company a “market perform” rating in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group boosted their price objective on goeasy from C$45.00 to C$51.00 in a report on Monday, August 10th.

goeasy Stock Down 0.4%

Shares of TSE:GSY opened at C$43.07 on Friday. The firm has a fifty day moving average price of C$44.06 and a two-hundred day moving average price of C$40.50. The company has a debt-to-equity ratio of 558.73, a current ratio of 22.81 and a quick ratio of 28.46. goeasy has a one year low of C$27.60 and a one year high of C$173.00. The company has a market cap of C$690.58 million, a price-to-earnings ratio of -2.06, a PEG ratio of 0.84 and a beta of 1.14.

goeasy (TSE:GSY) last released its quarterly earnings results on Thursday, August 6th. The company reported C$1.02 EPS for the quarter. The firm 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%. Analysts anticipate that goeasy will post 20.3207343 EPS for the current fiscal year.

Insider Transactions at goeasy

In other goeasy news, insider Courtenay Andrew Ames Plaunt sold 979 shares of goeasy stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of C$45.22, for a total transaction of C$44,270.38. Following the completion of the sale, the insider directly owned 505 shares in the company, valued at C$22,836.10. The trade was a 65.97% decrease in their ownership of the stock. Insiders have sold 4,837 shares of company stock worth $217,486 in the last three months. Insiders own 22.05% of the company’s stock.

About goeasy

goeasy Ltd. is a leading Canadian provider of non-prime consumer lending solutions, offering a suite of financial products through its easyfinancial, easyhome, and LendCare brands. goeasy offers unsecured and secured instalment loans, point-of-sale financing, and lease-to-own merchandise through its omni-channel model, which spans online, mobile, and hundreds of locations nationwide. Driven by its team members’ dedication to expand access to credit for underserved communities and helping customers strengthen their financial futures, goeasy has proudly served more than 1.6 million customers while building an award-winning culture.