goeasy (TSE:GSY) Price Target Cut to C$39.00 by Analysts at Jefferies Financial Group

goeasy (TSE:GSY) had its price objective reduced by Jefferies Financial Group from C$50.00 to C$39.00 in a research note published on Thursday,BayStreet.CA reports.

Several other research analysts also recently commented on GSY. Royal Bank Of Canada cut their target price on goeasy from C$52.00 to C$33.00 in a research note on Thursday. ATB Cormark Capital Markets lowered their price target on shares of goeasy from C$200.00 to C$185.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Raymond James Financial cut their price objective on shares of goeasy from C$77.00 to C$50.00 in a research report on Thursday. Scotiabank reduced their price objective on shares of goeasy from C$61.00 to C$55.00 in a research note on Thursday. Finally, TD Securities lowered shares of goeasy from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$160.00 to C$135.00 in a report on Monday, January 19th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$72.00.

goeasy Trading Down 6.7%

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

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

Trending Headlines about 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.