goeasy (TSE:GSY) Price Target Cut to C$210.00 by Analysts at Scotiabank

goeasy (TSE:GSY) had its target price lowered by Scotiabank from C$225.00 to C$210.00 in a research report released on Friday morning,BayStreet.CA reports.

Other equities research analysts have also recently issued reports about the company. TD Securities cut goeasy from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$160.00 to C$135.00 in a research note on Monday, January 19th. Raymond James Financial downgraded goeasy from a “moderate buy” rating to a “hold” rating and cut their target price for the company from C$208.00 to C$153.00 in a research report on Wednesday, December 3rd. BMO Capital Markets decreased their price target on goeasy from C$232.00 to C$226.00 in a report on Thursday, November 6th. Jefferies Financial Group lowered their price target on goeasy from C$225.00 to C$194.00 in a research report on Monday, November 10th. Finally, National Bankshares cut their price objective on shares of goeasy from C$265.00 to C$245.00 in a research report on Thursday, November 6th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$191.13.

goeasy Stock Performance

TSE GSY opened at C$125.12 on Friday. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. goeasy has a twelve month low of C$117.52 and a twelve month high of C$216.50. The business has a 50-day moving average price of C$130.09 and a 200-day moving average price of C$161.40. The firm has a market cap of C$2.01 billion, a price-to-earnings ratio of 9.13, a price-to-earnings-growth ratio of 0.84 and a beta of 0.64.

goeasy (TSE:GSY) last posted its earnings results on Wednesday, November 5th. The company reported C$4.12 earnings per share for the quarter. The company had revenue of C$440.22 million during the quarter. goeasy had a net margin of 19.49% and a return on equity of 25.26%. As a group, equities research analysts predict that goeasy will post 20.3207343 EPS for the current fiscal year.

goeasy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, January 9th were given a dividend of $1.46 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $5.84 dividend on an annualized basis and a yield of 4.7%. goeasy’s dividend payout ratio (DPR) is presently 40.48%.

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.