Scotiabank Comments on goeasy's FY2026 Earnings (TSE:GSY)

Key Points

• Scotiabank cut its FY2026 earnings estimate for goeasy from $4.64 to $1.74, maintained a Sector Perform rating with a $39 target, and forecast FY2027 EPS of $10.04.
• goeasy reported C($8.93) EPS and C$368.69M revenue for the quarter with negative ROE (-16.05%) and net margin (-10.51%), multiple brokers have trimmed price targets leaving a consensus Hold while the stock trades around C$32 (market cap ~C$513.6M).

goeasy Ltd. (TSE:GSY - Free Report) - Stock analysts at Scotiabank cut their FY2026 earnings estimates for shares of goeasy in a report released on Friday, May 1st. Scotiabank analyst P. Hardie now forecasts that the company will post earnings of $1.74 per share for the year, down from their previous forecast of $4.64. Scotiabank currently has a "Sector Perform" rating and a $39.00 target price on the stock. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. Scotiabank also issued estimates for goeasy's FY2027 earnings at $10.04 EPS.

goeasy (TSE:GSY - Get Free Report) last released its quarterly earnings data on Wednesday, April 1st. The company reported C($8.93) earnings per share for the quarter. The firm had revenue of C$368.69 million for the quarter. goeasy had a negative return on equity of 16.05% and a negative net margin of 10.51%.

Several other research analysts have also weighed in on GSY. Jefferies Financial Group lowered their price objective on shares of goeasy from C$50.00 to C$39.00 in a research note on Thursday, April 2nd. BMO Capital Markets lowered shares of goeasy from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 10th. TD Securities decreased their price target on shares of goeasy from C$44.00 to C$36.00 and set a "hold" rating on the stock in a research note on Thursday, April 2nd. Raymond James Financial decreased their price target on shares of goeasy from C$77.00 to C$50.00 in a research note on Thursday, April 2nd. Finally, National Bank Financial decreased their price target on shares of goeasy from C$50.00 to C$38.00 in a research note on Thursday, April 2nd. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of C$54.89.

goeasy Stock Down 1.6%

goeasy stock opened at C$32.03 on Tuesday. The firm has a market capitalization of C$513.57 million, a PE ratio of -2.97, a P/E/G ratio of 0.84 and a beta of 1.33. The company's 50-day moving average is C$53.21 and its 200-day moving average is C$105.97. goeasy has a fifty-two week low of C$30.14 and a fifty-two week high of C$216.50. 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 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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