goeasy (TSE:GSY) received a C$64.00 price target from analysts at Raymond James in a report released on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James’ price objective would indicate a potential upside of 11.69% from the company’s current price.
GSY has been the topic of a number of other reports. BMO Capital Markets raised their price target on shares of goeasy from C$55.00 to C$60.00 in a research report on Thursday, May 9th. National Bank Financial restated an “outperform” rating and issued a C$72.00 price target on shares of goeasy in a research report on Friday, August 2nd. TD Securities lifted their price objective on shares of goeasy from C$69.00 to C$74.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Finally, Desjardins lifted their price objective on shares of goeasy from C$57.00 to C$61.00 in a research report on Thursday, May 9th. Five analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of C$65.67.
Shares of goeasy stock traded up C$2.90 during trading hours on Thursday, reaching C$57.30. The company’s stock had a trading volume of 83,425 shares, compared to its average volume of 41,616. The business’s 50 day moving average price is C$54.05. The company has a current ratio of 16.60, a quick ratio of 16.48 and a debt-to-equity ratio of 244.20. goeasy has a one year low of C$30.42 and a one year high of C$57.50. The stock has a market capitalization of $794.34 million and a PE ratio of 14.41.
goeasy (TSE:GSY) last posted its quarterly earnings results on Tuesday, May 7th. The company reported C$1.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$1.16 by C$0.02. The business had revenue of C$139.86 million during the quarter, compared to the consensus estimate of C$143.03 million. Analysts expect that goeasy will post 5.4000005 EPS for the current year.
In related news, Director David Ingram sold 12,800 shares of goeasy stock in a transaction dated Friday, June 7th. The shares were sold at an average price of C$50.09, for a total value of C$641,210.88. Following the sale, the director now directly owns 448,701 shares in the company, valued at approximately C$22,477,497.11. Also, Senior Officer Jason Mullins sold 3,350 shares of goeasy stock in a transaction dated Friday, June 14th. The shares were sold at an average price of C$51.52, for a total transaction of C$172,598.70. Following the completion of the sale, the insider now owns 59,727 shares in the company, valued at C$3,077,254.49. Over the last quarter, insiders sold 26,950 shares of company stock worth $1,353,890.
goeasy Company Profile
goeasy Ltd. provides loans and other financial services to consumers in Canada. It also leases household products to consumers. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans, and secured saving loans; loan protection plans; and an optional home and auto benefits product, which offers road side assistance and a suite of other support services, as well as credit monitoring services.
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