goeasy Ltd. (TSE:GSY) Given Average Recommendation of “Hold” by Brokerages

by · The Cerbat Gem

goeasy Ltd. (TSE:GSYGet Free Report) has been assigned a consensus rating of “Hold” from the nine ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$72.00.

Several equities research analysts have issued reports on the stock. Raymond James Financial decreased their price target on shares of goeasy from C$77.00 to C$50.00 in a research note on Thursday, April 2nd. Desjardins decreased their price target on shares of goeasy from C$64.00 to C$47.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. National Bank Financial decreased their price target on shares of goeasy from C$50.00 to C$38.00 in a research note on Thursday, April 2nd. ATB Cormark Capital Markets cut shares of goeasy from a “moderate buy” rating to a “hold” rating and decreased their price target for the stock from C$85.00 to C$42.00 in a research note on Thursday, April 2nd. Finally, Royal Bank Of Canada decreased their price target on shares of goeasy from C$52.00 to C$33.00 in a research note on Thursday, April 2nd.

View Our Latest Stock Analysis on GSY

goeasy Price Performance

Shares of TSE GSY opened at C$32.54 on Friday. The stock has a market cap of C$521.71 million, a price-to-earnings ratio of -3.02, a PEG ratio of 0.84 and a beta of 1.33. goeasy has a 52 week low of C$30.67 and a 52 week high of C$216.50. The company’s 50-day moving average price is C$69.54 and its 200 day moving average price is C$114.58. The company has a current ratio of 23.15, a quick ratio of 28.46 and a debt-to-equity ratio of 543.86.

goeasy (TSE:GSYGet Free Report) last issued its quarterly earnings data on Wednesday, April 1st. The company reported C($20.25) EPS for the quarter. The business had revenue of C$446.40 million during the quarter. goeasy had a negative net margin of 10.51% and a negative return on equity of 16.05%. As a group, research analysts forecast that goeasy will post 20.3207343 earnings per share for the current fiscal year.

goeasy Company Profile

(Get Free Report)

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.

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