goeasy (TSE:GSY – Get Free Report) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Tuesday, BayStreet.CA reports. They presently have a C$202.00 price objective on the stock, down from their prior price objective of C$218.00. BMO Capital Markets’ price target would indicate a potential upside of 21.30% from the company’s current price.
Several other analysts also recently commented on GSY. Scotiabank lifted their target price on shares of goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th. National Bankshares lifted their target price on shares of goeasy from C$210.00 to C$235.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, goeasy presently has an average rating of “Moderate Buy” and an average price target of C$218.22.
Read Our Latest Research Report on goeasy
goeasy Stock Performance
goeasy (TSE:GSY – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported C$4.10 EPS for the quarter, topping the consensus estimate of C$4.01 by C$0.09. The business had revenue of C$377.80 million during the quarter, compared to the consensus estimate of C$372.40 million. goeasy had a net margin of 33.40% and a return on equity of 25.28%. As a group, sell-side analysts anticipate that goeasy will post 20.3207343 EPS for the current year.
Insiders Place Their Bets
In other news, Senior Officer Jason Mullins sold 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. Corporate insiders own 22.05% of the company’s stock.
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.
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