Buy, Sell or Hold: goeasy (GSY-T) — Stock Predictions at Stockchase

TSE:GSY

112.81

1.22 (1.07%) 1d

Showing 1 to 15 of 135 entries

WATCH

Impressed with how management is executing. Stock will get wrapped up in housing market, which will impact its multiple. Moving toward more secure lending, a positive. Hold off for next few quarters to see impact of rising rates.

Financial Services

PARTIAL BUY

They market isn't kind for this now, when the economy is in downturn. But GSY has contained loan losses well. They grew their loan business a lot in the past 10 years. There's upside in the car-financing market, big potential here, and they're moving into that. If your horizon is 3 years, this is a great entry point. Buy half now, and the other half as shares improve.

Financial Services

HOLD

Short-term he worries about the low-end consumer, Goeasy's consumer base, who struggle with inflation. So, this could be a buying opportunity. Long-term, see how the economy and the consumer fare.

Financial Services

BUY on WEAKNESS

It may be one of the best returning stocks in Canada over the last decade and continues to grow its business. Has fairly high insider holdings so thinly traded. Every quarter it has reported higher earnings and a dividend bump. Having done very well in the loan business it is now starting up in the car loan business which provides a whole new area of growth. It is a good time to buy on dips.

Financial Services

TOP PICK

A specialty, alternative lender with a solid first quarter. It recently made a 40 million investment in Canada Drives which will really help their auto lending business. Also they have received a huge increase in their credit line - from 900 million to 1.5 billion. It is now fully funded trough 2025. Growing at 20% or more and is at 6X next year's earnings. Buy 8, Hold 1, Sell 1 (Analysts’ price target is $203.00)

Financial Services

WATCH

Management has done a great job of growing the business. It is down because of market concern over debt and credit card balances which continue to rise. However it has managed delinquencies well. The next phase of growth is auto loans. If you own, hold and wait for improvement. He doesn't own but will probably buy it back.

Financial Services

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Currently trading near 52-week lows. No solid reason here. They just announced a big recent dividend boost. Growth will not be as fast as in the past couple years, but this is probably already priced in. PE is close to 10. Payment sector stocks in general have been weak, but this continues to look very attractive. Unlock Premium - Try 5i Free

Financial Services

COMMENT

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock was hit hard today on no specific company news. Trading volume has doubled the daily average. Could chip away at it on the buy side. Weighting needs to be kept an eye on depending on what you are comfortable with. Not risk-free but fundamentals have not changed. Unlock Premium - Try 5i Free

Financial Services

PAST TOP PICK

(A Top Pick Aug 16/21, Down 17%) It got a little ahead of itself, down since August, though the market has been down since then. GSY is trading at 17x earnings vs. 11x historical PE. GSY loans to folks who can't go to the bank for money. Q4 results were great with records profits. GSY grows twice as fast as the banks, but trades at a lower PE.

Financial Services

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is pretty cheap and is likely safer than other stocks in the current market backdrop. They just announced a big increase in dividends. Less volatile than others in the growth space. Has performed well for a long time, and the company is well-managed. Unlock Premium - Try 5i Free

Financial Services

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is down 20% this year and is volatile. The forward PE today is 13x, which is quite attractive. Debt is high, but they lend money. If loan losses stay low, debt is not a concern. Has been highly profitable since 2001. Unlock Premium - Try 5i Free

Financial Services

COMMENT

Phenomenal execution and management. Credit for those who don't have the highest rating. Good business model when economy is strong. Interest rate spread should be able to be passed on to consumer. Fairly expensive.

Financial Services

HOLD

Add on pullback? Stock is are pulling back for good reason. Covid turned out positive for them, as government relief helped lower income folks. The stockpiling of savings is starting to reverse. Interest rates could have an impact. Don't get greedy despite the dip. Wait another couple of quarters.

Financial Services

DON'T BUY

He got stopped out in March 2020. Excellent company. Well run. Consistently high ROIC. At this time, CACC in the US offers better value in the space.

Financial Services

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company continues to report excellent numbers and growth. Dividends were raised substantially. Loan book is increasing while credit losses are declining. Unlock Premium - Try 5i Free

Financial Services

Showing 1 to 15 of 135 entries

goeasy(GSY-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 8

Stockchase rating for goeasy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

goeasy(GSY-T) Frequently Asked Questions

What is goeasy stock symbol?

goeasy is a Canadian stock, trading under the symbol GSY-T on the Toronto Stock Exchange (GSY-CT). It is usually referred to as TSX:GSY or GSY-T

Is goeasy a buy or a sell?

In the last year, 8 stock analysts published opinions about GSY-T. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for goeasy.

Is goeasy a good investment or a top pick?

goeasy was recommended as a Top Pick by on . Read the latest stock experts ratings for goeasy.

Why is goeasy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is goeasy worth watching?

8 stock analysts on Stockchase covered goeasy In the last year. It is a trending stock that is worth watching.

What is goeasy stock price?

On 2022-10-05, goeasy (GSY-T) stock closed at a price of $112.81.

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