goeasyGSY.TOBUYSep 20, 2023Stock price when the opinion was issued
As of Jun 26, 2026. Market Open.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They can adapt their pricing fairly easily with higher rates. Business could also improve if customers get tighter on money with rates rising. The company has been growing and recent large dividend increases makes it attractive. Unlock Premium - Try 5i Free
We are still positive on the company. GSY has adapted well to new regulations, and as one of the largest in the sector its smaller competitors are having a harder adjustment to interest rate caps. Growth may slow in a higher interest rate, recessionary environment, but we think the very low valuation already reflects a lot of this risk. We think it will be higher in a couple of years, perhaps significantly if rates fall and/or there is no recession.
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