What is Scotiabank’s Forecast for goeasy FY2026 Earnings?

goeasy Ltd. (TSE:GSY) – Analysts at Scotiabank raised their FY2026 earnings estimates for goeasy in a report released on Wednesday, August 19th. Scotiabank analyst P. Hardie now anticipates that the company will earn ($0.68) per share for the year, up from their prior forecast of ($1.50). Scotiabank currently has a “Sector Perform” rating and a $39.00 target price 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 brokerages have also recently issued reports on GSY. Jefferies Financial Group boosted their price objective on goeasy from C$45.00 to C$51.00 in a report on Monday, August 10th. Desjardins lifted their price target on goeasy from C$38.00 to C$56.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Raymond James Financial lifted their price target on goeasy from C$42.00 to C$45.00 and gave the company a “market perform” rating in a research report on Tuesday, July 21st. National Bank Financial boosted their price target on goeasy from C$43.00 to C$53.00 and gave the company a “sector perform” rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada upped their price objective on goeasy from C$30.00 to C$35.00 in a research report on Monday, August 10th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of C$42.89.

goeasy Price Performance

Shares of GSY opened at C$41.89 on Monday. The business’s 50-day moving average is C$45.61 and its two-hundred day moving average is C$52.89. The company has a market capitalization of C$671.66 million, a P/E ratio of -2.01, a P/E/G ratio of 0.84 and a beta of 1.39. goeasy has a fifty-two week low of C$27.60 and a fifty-two week high of C$216.50. The company has a debt-to-equity ratio of 558.73, a quick ratio of 28.46 and a current ratio of 22.81.

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

Insider Transactions at goeasy

In related news, insider Courtenay Andrew Ames Plaunt sold 2,591 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of C$45.22, for a total value of C$117,165.02. Insiders sold a total of 4,340 shares of company stock worth $196,239 in the last quarter. Corporate insiders own 22.05% of the company’s stock.

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.