goeasy (TSE:GSY) Price Target Cut to C$50.00 by Analysts at Raymond James Financial

goeasy (TSE:GSY) had its price target trimmed by Raymond James Financial from C$77.00 to C$50.00 in a research report sent to investors on Thursday,BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the stock. TD Securities cut shares of goeasy from a “buy” rating to a “hold” rating and reduced their target price for the company from C$160.00 to C$135.00 in a research report on Monday, January 19th. Royal Bank Of Canada lowered their price target on shares of goeasy from C$52.00 to C$33.00 in a research report on Thursday. Jefferies Financial Group cut shares of goeasy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Scotiabank cut their price objective on shares of goeasy from C$61.00 to C$55.00 in a report on Thursday. Finally, BMO Capital Markets lowered shares of goeasy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$72.00.

goeasy Stock Performance

TSE:GSY opened at C$34.87 on Thursday. The stock has a market cap of C$558.83 million, a P/E ratio of 2.54, a PEG ratio of 0.84 and a beta of 0.16. The stock has a 50 day simple moving average of C$90.50 and a 200 day simple moving average of C$126.99. The company has a current ratio of 42.83, a quick ratio of 28.46 and a debt-to-equity ratio of 383.82. goeasy has a 1-year low of C$33.13 and a 1-year high of C$216.50.

goeasy (TSE:GSY) last issued its quarterly earnings data on Wednesday, April 1st. The company reported C($20.25) EPS for the quarter. The firm had revenue of C$446.40 million during the quarter. goeasy had a net margin of 14.07% and a return on equity of 19.42%. Research analysts anticipate that goeasy will post 20.3207343 earnings per share for the current year.

Key Headlines Impacting goeasy

Here are the key news stories impacting goeasy this week:

• Positive Sentiment: Several firms still see upside after trimming targets — Desjardins cut its target to C$47 but kept a “buy” rating (≈34% upside). Article Title
• Positive Sentiment: Scotiabank trimmed its target to C$55 but still implies material upside (≈57%). Article Title
• Positive Sentiment: Raymond James lowered its target to C$50 from C$77 yet still models significant upside (≈43%). Article Title
• Neutral Sentiment: TD Securities cut its target to C$36 and moved to “hold” (minimal upside vs. current price). Article Title
• Neutral Sentiment: National Bank Financial lowered its target to C$38 (small mid‑single digit upside). Article Title Tickerreport
• Neutral Sentiment: Jefferies trimmed its target to C$39 (modest upside). Article Title
• Negative Sentiment: ATB Cormark downgraded goeasy from “speculative buy” to “sector perform” and cut its target to C$42 (rating downgrade increases negative pressure). Article Title
• Negative Sentiment: RBC lowered its target to C$33 — below the current price — signaling downside risk. Article Title
• Negative Sentiment: Reporting highlighted that Canadian banks have ~C$880M exposure to goeasy, raising counterparty/credit concerns and broader market caution. Reuters
• Negative Sentiment: goeasy reported a large Q4 loss driven by LendCare-related charges (reported ~$336.9M loss), a primary catalyst for reduced analyst targets and investor concern. MSN
• Negative Sentiment: Company Q4 release showed C($20.25) EPS on C$446.4M revenue — an earnings shock that directly pressured the share price. Press Release

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.