goeasy (TSE:GSY) had its price objective increased by research analysts at Desjardins from C$57.00 to C$61.00 in a research note issued on Thursday, BayStreet.CA reports. Desjardins’ price target would suggest a potential upside of 18.22% from the company’s previous close.
Several other research analysts also recently commented on GSY. Raymond James set a C$60.00 target price on shares of goeasy and gave the stock an “outperform” rating in a report on Wednesday. TD Securities lifted their target price on shares of goeasy from C$62.00 to C$66.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Cormark lifted their target price on shares of goeasy from C$60.00 to C$63.00 in a report on Friday, February 15th. Finally, BMO Capital Markets dropped their target price on shares of goeasy from C$60.00 to C$55.00 and set an “outperform” rating on the stock in a report on Monday, January 14th.
Shares of goeasy stock traded up C$0.40 during midday trading on Thursday, reaching C$51.60. 64,938 shares of the company’s stock traded hands, compared to its average volume of 46,387. The company has a market capitalization of $737.54 million and a P/E ratio of 14.41. The company has a current ratio of 16.77, a quick ratio of 16.70 and a debt-to-equity ratio of 229.19. goeasy has a 52 week low of C$30.42 and a 52 week high of C$54.80.
goeasy (TSE:GSY) last released its quarterly earnings results on Wednesday, February 13th. The company reported C$1.02 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.92 by C$0.10. The business had revenue of C$138.16 million for the quarter, compared to the consensus estimate of C$135.70 million. On average, equities research analysts predict that goeasy will post 5.09000009685825 earnings per share for the current year.
In related news, Director David Ingram sold 5,050 shares of goeasy stock in a transaction on Friday, March 15th. The shares were sold at an average price of C$43.50, for a total value of C$219,675.00. Following the transaction, the director now owns 53,014 shares in the company, valued at approximately C$2,306,109. Insiders sold a total of 121,162 shares of company stock worth $5,422,692 in the last quarter.
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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