goeasy (TSE:GSY) PT Raised to C$208.00 at BMO Capital Markets

goeasy (TSE:GSY) had its price target lifted by equities research analysts at BMO Capital Markets from C$192.00 to C$208.00 in a note issued to investors on Thursday, BayStreet.CA reports. BMO Capital Markets’ price objective indicates a potential upside of 15.34% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the company. Scotiabank increased their price target on goeasy from C$190.00 to C$200.00 in a report on Thursday. Colliers Securities lifted their target price on shares of goeasy from C$200.00 to C$220.00 in a report on Wednesday. National Bankshares increased their price target on shares of goeasy from C$195.00 to C$210.00 and gave the stock an “outperform” rating in a report on Tuesday, April 30th. Raymond James lifted their price objective on goeasy from C$200.00 to C$225.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Royal Bank of Canada boosted their target price on goeasy from C$201.00 to C$225.00 and gave the stock an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, goeasy presently has an average rating of “Moderate Buy” and a consensus price target of C$208.80.

goeasy Stock Performance

goeasy stock traded down C$10.27 during midday trading on Thursday, hitting C$180.33. 78,075 shares of the company’s stock were exchanged, compared to its average volume of 42,178. The firm’s 50 day simple moving average is C$168.49 and its 200 day simple moving average is C$154.58. goeasy has a 12-month low of C$100.03 and a 12-month high of C$192.08. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. The stock has a market cap of C$3.00 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 0.84 and a beta of 1.97.

goeasy (TSE:GSY) last issued its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of C$3.92 by C$0.09. goeasy had a return on equity of 25.77% and a net margin of 33.21%. The firm had revenue of C$338.11 million for the quarter, compared to analysts’ expectations of C$340.35 million. Equities research analysts predict that goeasy will post 16.6561044 EPS for the current year.

Insider Buying and Selling at goeasy

In other news, Director David Ingram sold 30,000 shares of goeasy stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. 22.18% of the stock is owned by corporate insiders.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.