Scotiabank Has Pessimistic View of goeasy FY2027 Earnings

goeasy Ltd. (TSE:GSY) – Equities research analysts at Scotiabank cut their FY2027 EPS estimates for shares of goeasy in a report released on Wednesday, February 11th. Scotiabank analyst P. Hardie now forecasts that the company will post earnings of $23.88 per share for the year, down from their previous estimate of $25.33. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share.

GSY has been the topic of several other research reports. Royal Bank Of Canada decreased their price target on goeasy from C$194.00 to C$156.00 in a research note on Friday, November 7th. BMO Capital Markets reduced their price objective on shares of goeasy from C$232.00 to C$226.00 in a report on Thursday, November 6th. National Bank Financial lowered their target price on shares of goeasy from C$245.00 to C$210.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. ATB Cormark Capital Markets reduced 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 research note on Friday. Finally, TD Securities lowered shares of goeasy from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$160.00 to C$135.00 in a report on Monday, January 19th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, goeasy presently has a consensus rating of “Moderate Buy” and an average price target of C$186.56.

goeasy Trading Up 0.0%

Shares of goeasy stock opened at C$121.58 on Monday. The stock has a 50 day moving average of C$129.30 and a 200 day moving average of C$157.43. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. The firm has a market capitalization of C$1.95 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 0.84 and a beta of 0.39. goeasy has a fifty-two week low of C$117.52 and a fifty-two week high of C$216.50.

goeasy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, January 9th were paid a dividend of $1.46 per share. The ex-dividend date was Wednesday, December 24th. This represents a $5.84 dividend on an annualized basis and a yield of 4.8%. goeasy’s dividend payout ratio is 40.48%.

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.