goeasy Ltd. (TSE:GSY) Given Consensus Rating of “Hold” by Analysts

Shares of goeasy Ltd. (TSE:GSY) have received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$36.56.

A number of research analysts recently weighed in on the stock. National Bank Financial lowered their price objective on shares of goeasy from C$38.00 to C$34.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada lowered their price objective on shares of goeasy from C$33.00 to C$30.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. BMO Capital Markets lowered their price objective on shares of goeasy from C$45.00 to C$36.00 in a research report on Wednesday, May 13th. Desjardins lowered their price objective on shares of goeasy from C$47.00 to C$38.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Finally, TD Securities lowered their price objective on shares of goeasy from C$44.00 to C$36.00 and set a “hold” rating on the stock in a research report on Thursday, April 2nd.

goeasy Stock Performance

Shares of GSY stock opened at C$40.53 on Monday. The company’s 50-day moving average is C$34.33 and its 200 day moving average is C$86.21. The company has a market capitalization of C$649.86 million, a price-to-earnings ratio of -3.76, a price-to-earnings-growth ratio of 0.84 and a beta of 1.43. goeasy has a one year low of C$27.60 and a one year high of C$216.50.

goeasy (TSE:GSY) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C($1.90) EPS for the quarter. The company had revenue of C$412.86 million during the quarter. goeasy had a negative return on equity of 26.45% and a negative net margin of 15.76%. As a group, research analysts predict that goeasy will post 20.3207343 earnings per share 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.