goeasy Ltd. (TSE:GSY) Given Average Rating of "Hold" by Analysts

Key Points

• Analyst consensus: Hold — nine analysts rate goeasy an average "Hold" (1 sell, 7 hold, 1 buy) with a 12‑month average price target of C$54.50.
• Several brokerages slashed targets and/or downgraded the stock in April, including Scotiabank (to sector perform, TP C$39), RBC (TP C$33) and ATB Cormark (TP C$42), signaling broad downward revisions.
• Financials show weakness: goeasy reported a Q1 loss of C($8.93) EPS, negative ROE (-16.05%) and net margin (-10.51%), trades around C$32.64 (near its 1‑year low) and carries a very high debt‑to‑equity ratio (~543.86).

Shares of goeasy Ltd. (TSE:GSY - Get Free Report) have earned an average rating of "Hold" from the nine analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$54.50.

A number of equities analysts have weighed in on the stock. Scotiabank downgraded shares of goeasy from a "sector outperform" rating to a "sector perform" rating and decreased their target price for the company from C$55.00 to C$39.00 in a research note on Tuesday, April 28th. Desjardins decreased their target price on shares of goeasy from C$64.00 to C$47.00 and set a "buy" rating for the company in a research note on Thursday, April 2nd. ATB Cormark Capital Markets downgraded shares of goeasy from a "moderate buy" rating to a "hold" rating and decreased their target price for the company from C$85.00 to C$42.00 in a research note on Thursday, April 2nd. Jefferies Financial Group decreased their target price on shares of goeasy from C$50.00 to C$39.00 in a research note on Thursday, April 2nd. Finally, Royal Bank Of Canada decreased their target price on shares of goeasy from C$52.00 to C$33.00 in a research note on Thursday, April 2nd.

goeasy Price Performance

GSY stock opened at C$32.64 on Thursday. goeasy has a 1 year low of C$30.14 and a 1 year high of C$216.50. The company has a market cap of C$523.35 million, a P/E ratio of -3.03, a PEG ratio of 0.84 and a beta of 1.05. The firm has a 50-day moving average of C$49.98 and a 200 day moving average of C$104.15. The company has a debt-to-equity ratio of 543.86, a current ratio of 23.15 and a quick ratio of 28.46.

goeasy (TSE:GSY - Get Free Report) last released its quarterly earnings results on Wednesday, April 1st. The company reported C($8.93) earnings per share (EPS) for the quarter. goeasy had a negative return on equity of 16.05% and a negative net margin of 10.51%.The company had revenue of C$368.69 million during the quarter. On average, sell-side analysts forecast that goeasy will post 20.3207343 EPS for the current year.

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.

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