goeasy Ltd. (TSE:GSY) Receives C$36.56 Average Target Price from Analysts

Shares of goeasy Ltd. (TSE:GSY) have earned a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$37.89.

GSY has been the subject of several recent research reports. TD Securities cut their target price on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. Jefferies Financial Group decreased their price target on shares of goeasy from C$50.00 to C$39.00 in a research report on Thursday, April 2nd. Desjardins dropped their price target on goeasy from C$47.00 to C$38.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Royal Bank Of Canada cut their price objective on goeasy from C$33.00 to C$30.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Finally, ATB Cormark Capital Markets reduced their price objective on goeasy from C$42.00 to C$35.00 and set a “sector perform” rating for the company in a research note on Thursday, May 14th.

goeasy Trading Up 1.8%

Shares of goeasy stock opened at C$49.92 on Tuesday. goeasy has a 52 week low of C$27.60 and a 52 week high of C$216.50. The stock has a market cap of C$800.42 million, a PE ratio of -4.63, a price-to-earnings-growth ratio of 0.84 and a beta of 1.41. The company’s 50-day moving average price is C$42.43 and its two-hundred day moving average price is C$64.83.

goeasy (TSE:GSY) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C($1.90) earnings per share for the quarter. The business had revenue of C$412.86 million for the quarter. goeasy had a negative net margin of 15.76% and a negative return on equity of 26.45%. On average, equities analysts predict that goeasy will post 20.3207343 EPS for the current fiscal year.

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.