The director of goeasy Ltd. (TSE: GSY) Susan Doniz bought 150 shares of the company in a trade that took place on Monday, November 29. The stock was purchased at an average price of C $ 187.44 per share, for a total value of C $ 28,116.00. Following the purchase, the Director now directly owns 1,850 shares of the company, valued at approximately C $ 346,764.
Actions of IS: GSY traded down C $ 8.50 midday Tuesday, reaching C $ 173.79. 142,048 shares of the company were traded, for an average volume of 69,618. The company has a market capitalization of C $ 2.87 billion and a price / earnings ratio of 11.56. The company’s fifty-day moving average price is CA $ 194.83 and its 200-day moving average price is CA $ 177.00. The company has a debt to equity ratio of 185.54, a rapid ratio of 14.48 and a current ratio of 14.55. goeasy Ltd. has a twelve-month low of CA $ 84.11 and a twelve-month high of CA $ 218.35.
The company also recently declared a quarterly dividend, which was paid on Friday, October 8. Shareholders of record on Friday October 8 received a dividend of $ 0.66 per share. The ex-dividend date of this dividend was Thursday, September 23. This represents a dividend of $ 2.64 on an annualized basis and a dividend yield of 1.52%. Goeasy’s dividend payout ratio (DPR) is currently 16.29%.
GSY has been the subject of several recent analyst reports. Raymond James raised his target price on goeasy shares from C $ 182.00 to C $ 207.00 and gave the company an “outperformance” rating in a research note on Friday, November 5. Scotiabank assumed coverage of goeasy’s shares in a report released on Monday. They issued a “hold” rating and a target price of C $ 206.00 on the stock. Desjardins increased its price target for goeasy shares from C $ 190.00 to C $ 202.00 and gave the company a “buy” rating in a report released on Monday, October 18. TD Securities began hedging shares of goeasy in a report on Wednesday, October 20. They issued a “buy” note and a target price of C $ 261.00 on the stock. Finally, National Bank Financial raised its target price on the goeasy shares to C $ 220.00 and assigned the share an “outperformance” rating in a report published on Friday, November 5th. One investment analyst rated the stock with a conservation rating and seven issued a buy rating for the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C $ 215.88.
Goeasy company profile
goeasy Ltd. provides loans and other financial services to consumers in Canada. It also rents household products to consumers. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment offers unsecured and real estate installment loans as well as guaranteed savings loans; loan protection plans; and optional home and auto benefits products, which provide roadside assistance and a suite of other support services, as well as credit monitoring services.
Feature Article: The Basic Economy Creates Winners and Losers
This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $ 1,000 in goeasy right now?
Before you consider goeasy, you’ll want to hear this.
MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly asking their clients to buy now before the wider market takes hold … and goeasy was not on the list.
While goeasy currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.
See the 5 actions here