goeasy (TSE:GSY) Price Target Raised to C$220.00 at Colliers Securities

goeasy (TSE:GSY) had its target price hoisted by stock analysts at Colliers Securities from C$200.00 to C$220.00 in a note issued to investors on Wednesday, BayStreet.CA reports. Colliers Securities’ price target would suggest a potential upside of 17.77% from the stock’s current price.

A number of other analysts have also recently weighed in on GSY. Royal Bank of Canada increased their price target on goeasy from C$195.00 to C$201.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th. CIBC boosted their price objective on goeasy from C$200.00 to C$220.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. BMO Capital Markets raised their target price on goeasy from C$187.00 to C$192.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Scotiabank increased their target price on shares of goeasy from C$183.00 to C$190.00 and gave the company a “sector perform” rating in a research report on Tuesday, April 30th. Finally, Desjardins boosted their price objective on goeasy from C$185.00 to C$190.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$206.20.

goeasy Stock Up 1.2 %

Shares of GSY traded up C$2.27 during trading on Wednesday, reaching C$186.80. The company’s stock had a trading volume of 86,361 shares, compared to its average volume of 40,734. The company has a quick ratio of 28.46, a current ratio of 15.62 and a debt-to-equity ratio of 278.25. The company has a fifty day moving average of C$167.99 and a two-hundred day moving average of C$154.33. The company has a market cap of C$3.11 billion, a price-to-earnings ratio of 12.90, a P/E/G ratio of 0.84 and a beta of 1.97. goeasy has a twelve month low of C$94.20 and a twelve month high of C$188.25.

goeasy (TSE:GSY) last announced its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 earnings per share for the quarter, beating the consensus estimate of C$3.92 by C$0.09. The firm had revenue of C$338.11 million during the quarter, compared to analyst estimates of C$340.35 million. goeasy had a return on equity of 25.77% and a net margin of 33.21%. On average, sell-side analysts predict that goeasy will post 16.6561044 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director David Ingram sold 30,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. Company insiders own 22.18% of the company’s stock.

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.