Desjardins Has Pessimistic Outlook of goeasy Q2 Earnings

goeasy Ltd. (TSE:GSY - Free Report) - Research analysts at Desjardins cut their Q2 2025 earnings per share estimates for shares of goeasy in a research report issued to clients and investors on Tuesday, July 22nd. Desjardins analyst G. Ho now expects that the company will post earnings of $4.10 per share for the quarter, down from their previous forecast of $4.36. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. Desjardins also issued estimates for goeasy's Q3 2025 earnings at $5.15 EPS, Q4 2025 earnings at $5.48 EPS, FY2025 earnings at $18.23 EPS and FY2027 earnings at $25.85 EPS.

Several other analysts have also commented on the company. Cormark decreased their price target on goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th. Scotiabank boosted their price target on goeasy from C$205.00 to C$230.00 in a research note on Wednesday. Jefferies Financial Group decreased their price target on goeasy from C$222.00 to C$182.00 in a research note on Monday, April 21st. National Bankshares cut their price objective on goeasy from C$240.00 to C$235.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. Finally, TD Securities cut their price objective on goeasy from C$199.00 to C$192.00 and set a "buy" rating for the company in a research report on Friday, May 9th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$213.00.

goeasy Price Performance

GSY stock traded up C$2.25 during trading on Thursday, hitting C$184.40. The company had a trading volume of 34,966 shares, compared to its average volume of 63,489. The company has a fifty day moving average price of C$162.22 and a two-hundred day moving average price of C$161.33. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The company has a market cap of C$3.09 billion, a P/E ratio of 11.21, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a fifty-two week low of C$134.01 and a fifty-two week high of C$205.49.

goeasy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were given a $1.46 dividend. The ex-dividend date was Friday, June 27th. This represents a $5.84 annualized dividend and a yield of 3.17%. goeasy's payout ratio is 28.45%.

Insider Transactions at goeasy

In other news, Senior Officer Daniel Llewellyn Rees bought 1,000 shares of the company's stock in a transaction dated Monday, June 23rd. The stock was bought at an average price of C$160.00 per share, for a total transaction of C$160,000.00. Insiders own 22.05% of the company's stock.

goeasy Company Profile

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.