TSE:GSY
97.52
1.50
(1.51%)
goeasy
GSY-T
Analysis and Opinions about GSY-T
Signal
Opinion
Expert
BUY
BUY
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has raised dividends in February. Business is good. It just raised $200M from a securitization funding. Unlock Premium - Try 5i Free
BUY
BUY
November 17, 2020
It's unique in Canada without peers, really. They haven't issued much stock in recent years. Note that in Q3 in the middle of the pandemic, they had record charge-ups on their financed loans--they know how to finance loans and make money. They know what they're doing. The PE is cheap and the returns are through the roof. He expects a dividend hike next quarter. This is one of the best-run companies around. True, they charge really high interest rates to their customers, though it's legal.
Show full opinionHide full opinion
It's unique in Canada without peers, really. They haven't issued much stock in recent years. Note that in Q3 in the middle of the pandemic, they had record charge-ups on their financed loans--they know how to finance loans and make money. They know what they're doing. The PE is cheap and the returns are through the roof. He expects a dividend hike next quarter. This is one of the best-run companies around. True, they charge really high interest rates to their customers, though it's legal.
PAST TOP PICK
PAST TOP PICK
April 24, 2020
(A Top Pick Apr 29/19, Down 21%) It triggered some stop loss measures and was sold. It is not on his buy list presently.
Show full opinionHide full opinion(A Top Pick Apr 29/19, Down 21%) It triggered some stop loss measures and was sold. It is not on his buy list presently.
DON'T BUY
DON'T BUY
February 19, 2020
He does not like this kind of company. Their 19.9% interest rates are wrong and repugnant. Their recent quarterly results are strong and it is a sign of consumer debt being high. They have a huge debt load. He would like to see the regulators cause them to lower rates. He would not buy this.
Show full opinionHide full opinionHe does not like this kind of company. Their 19.9% interest rates are wrong and repugnant. Their recent quarterly results are strong and it is a sign of consumer debt being high. They have a huge debt load. He would like to see the regulators cause them to lower rates. He would not buy this.
DON'T BUY
DON'T BUY
January 27, 2020
The trendline looks good. High flyers like this will sell off more on sell-off days like today, so expect that. Look for this to come back to $60.
Show full opinionHide full opinionThe trendline looks good. High flyers like this will sell off more on sell-off days like today, so expect that. Look for this to come back to $60.
BUY
BUY
January 23, 2020
Easy financial is their big growth driver. It is a business and it is legal. The company is growing very, very fast. It has been a consistent performer for many years.
Show full opinionHide full opinionEasy financial is their big growth driver. It is a business and it is legal. The company is growing very, very fast. It has been a consistent performer for many years.
BUY
BUY
December 9, 2019
It has performed exceptionally well over the last few years. He thinks there is still room to go here. They still trade at around 8 times earnings whereas peers are 12 times earnings. When the cycle does turn down this stock will turn down, however, because their loans are to those with not the strongest credit quality.
Show full opinionHide full opinionIt has performed exceptionally well over the last few years. He thinks there is still room to go here. They still trade at around 8 times earnings whereas peers are 12 times earnings. When the cycle does turn down this stock will turn down, however, because their loans are to those with not the strongest credit quality.
COMMENT
COMMENT
November 14, 2019
Executed brilliantly. Alternative lender. Loan book over 1B dollars. A lot of future growth already built in. Be careful, if there's a recession, they can get hit hard. But he doesn't see that on the horizon.
Show full opinionHide full opinionExecuted brilliantly. Alternative lender. Loan book over 1B dollars. A lot of future growth already built in. Be careful, if there's a recession, they can get hit hard. But he doesn't see that on the horizon.
COMMENT
COMMENT
October 28, 2019
BAD-T vs. GSY-T. BAD-T performed well and then there was a big short out on it. GSY-T was a payday lender that changed into a financial services company. Interest rates are incredibly high. They are investing in technology. The problem with it is that it is an unproven business model when economic times are bad.
BAD-T vs. GSY-T. BAD-T performed well and then there was a big short out on it. GSY-T was a payday lender that changed into a financial services company. Interest rates are incredibly high. They are investing in technology. The problem with it is that it is an unproven business model when economic times are bad.
WAIT
WAIT
August 16, 2019
A sub/near-prime lender of short-term loans. He owns the debenture. It's performed amazingly well. Done a great job of identifying risk among borrowers. Likes managers, but this is the wrong time to buy it.
Show full opinionHide full opinionA sub/near-prime lender of short-term loans. He owns the debenture. It's performed amazingly well. Done a great job of identifying risk among borrowers. Likes managers, but this is the wrong time to buy it.
COMMENT
COMMENT
June 28, 2019
A past pick. They've executed very well in the past five years from furniture leasing to consumer financing. They are increasing their loan book. They've done very well in a tough environment, keeping loan losses down. But don't own this in a recession. They're hitting new highs now and could double.
Show full opinionHide full opinionA past pick. They've executed very well in the past five years from furniture leasing to consumer financing. They are increasing their loan book. They've done very well in a tough environment, keeping loan losses down. But don't own this in a recession. They're hitting new highs now and could double.
BUY
BUY
June 13, 2019
It is a very strong earnings growth company at a very low growth multiple. It is a lender of almost last resort and have done a good job of making loan losses not too high. It is not that liquid. But he has not problem with the story.
Show full opinionHide full opinionIt is a very strong earnings growth company at a very low growth multiple. It is a lender of almost last resort and have done a good job of making loan losses not too high. It is not that liquid. But he has not problem with the story.
PAST TOP PICK
PAST TOP PICK
June 10, 2019
(A Top Pick May 08/18, Up 33%) He has been in and out of this one for years. It is volatile because investors think it is economically sensitive. It is a well funded, well managed growth machine. It is a kind of trader's dream. He likes the way they conduct business. They did not lose money in the worst parts of the recession.
(A Top Pick May 08/18, Up 33%) He has been in and out of this one for years. It is volatile because investors think it is economically sensitive. It is a well funded, well managed growth machine. It is a kind of trader's dream. He likes the way they conduct business. They did not lose money in the worst parts of the recession.
TOP PICK
TOP PICK
June 10, 2019
They are well funded and have lots of room to grow. It is a terrific franchise to own for the long time. (Analysts’ price target is $64.00)
They are well funded and have lots of room to grow. It is a terrific franchise to own for the long time. (Analysts’ price target is $64.00)
COMMENT
COMMENT
May 7, 2019
A great story that's becoming well-known. Lots of growth potential and have grown it very well in Quebec. It's an alternative lender, and there's a big need for that. A lot of the easy growth has already happened, though. It has grown into its valuation.
Show full opinionHide full opinionA great story that's becoming well-known. Lots of growth potential and have grown it very well in Quebec. It's an alternative lender, and there's a big need for that. A lot of the easy growth has already happened, though. It has grown into its valuation.
goeasy(GSY-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 6
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, 6 stock analysts published opinions about GSY-T. 4 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Stockchase Insights on 2020-12-16. 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?
6 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 2021-01-22, goeasy (GSY-T) stock closed at a price of $97.52.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has raised dividends in February. Business is good. It just raised $200M from a securitization funding. Unlock Premium - Try 5i Free