goeasy (TSE:GSY) Price Target Cut to C$36.00 by Analysts at TD Securities

goeasy (TSE:GSY) had its price objective lowered by TD Securities from C$44.00 to C$36.00 in a research report released on Thursday morning,BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

Several other brokerages have also commented on GSY. National Bank Financial decreased their price objective on shares of goeasy from C$50.00 to C$38.00 in a report on Thursday. Royal Bank Of Canada reduced their price target on shares of goeasy from C$52.00 to C$33.00 in a research report on Thursday. Scotiabank decreased their price target on shares of goeasy from C$61.00 to C$55.00 in a research note on Thursday. ATB Cormark Capital Markets lowered their price objective on shares of goeasy from C$200.00 to C$185.00 and set an “outperform” rating for the company in a report on Friday, February 13th. Finally, Jefferies Financial Group cut their price objective on goeasy from C$50.00 to C$39.00 in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$72.00.

goeasy Price Performance

GSY opened at C$34.87 on Thursday. The company has a debt-to-equity ratio of 383.82, a quick ratio of 28.46 and a current ratio of 42.83. The stock has a market capitalization of C$558.83 million, a PE ratio of 2.54, a price-to-earnings-growth ratio of 0.84 and a beta of 0.16. The stock’s 50 day moving average price is C$90.50 and its 200-day moving average price is C$126.99. goeasy has a 52-week low of C$33.13 and a 52-week high of C$216.50.

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

goeasy News Roundup

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

About goeasy

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.