Scotiabank Has Positive Outlook of goeasy FY2026 Earnings

goeasy Ltd. (TSE:GSY) – Analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for goeasy in a note issued to investors on Wednesday, August 19th. Scotiabank analyst P. Hardie now expects that the company will earn ($0.68) per share for the year, up from their prior forecast of ($1.50). Scotiabank has a “Sector Perform” rating and a $39.00 price objective 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 $5.32 EPS.

Several other equities research analysts have also recently commented on the stock. Royal Bank Of Canada boosted their price target on shares of goeasy from C$30.00 to C$35.00 in a research report on Monday, August 10th. ATB Cormark Capital Markets downgraded shares of goeasy from a “market perform” rating to an “underperform” rating and set a C$35.00 target price on the stock. in a report on Wednesday, July 29th. Desjardins increased their target price on shares of goeasy from C$38.00 to C$56.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Jefferies Financial Group increased their target price on shares of goeasy from C$45.00 to C$51.00 in a research note on Monday, August 10th. Finally, BMO Capital Markets decreased their price target on goeasy from C$45.00 to C$36.00 in a research report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, goeasy has an average rating of “Reduce” and an average price target of C$42.89.

goeasy Trading Up 3.7%

Shares of goeasy stock opened at C$43.45 on Monday. The business has a fifty day simple moving average of C$45.70 and a 200-day simple moving average of C$52.29. goeasy has a fifty-two week low of C$27.60 and a fifty-two week high of C$216.50. The firm has a market cap of C$696.68 million, a price-to-earnings ratio of -2.08, a price-to-earnings-growth ratio of 0.84 and a beta of 1.39. The company has a quick ratio of 28.46, a current ratio of 22.81 and a debt-to-equity ratio of 558.73.

goeasy (TSE:GSY) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$1.02 earnings per share (EPS) for the quarter. goeasy had a negative return on equity of 37.13% and a negative net margin of 20.21%.The company had revenue of C$390.04 million for the quarter.

Insider Transactions at goeasy

In other goeasy news, insider Courtenay Andrew Ames Plaunt sold 979 shares of goeasy stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of C$45.22, for a total value of C$44,270.38. Following the completion of the sale, the insider directly owned 505 shares in the company, valued at C$22,836.10. The trade was a 65.97% decrease in their ownership of the stock. Insiders have sold 4,340 shares of company stock valued at $196,239 in the last ninety days. 22.05% of the stock is owned by insiders.

About goeasy

goeasy Ltd. is a leading Canadian provider of non-prime consumer lending solutions, offering a suite of financial products through its easyfinancial, easyhome, and LendCare brands. goeasy offers unsecured and secured instalment loans, point-of-sale financing, and lease-to-own merchandise through its omni-channel model, which spans online, mobile, and hundreds of locations nationwide. Driven by its team members’ dedication to expand access to credit for underserved communities and helping customers strengthen their financial futures, goeasy has proudly served more than 1.6 million customers while building an award-winning culture.