Research Analysts Offer Predictions for Enerflex Q4 Earnings

Enerflex Ltd. (TSE:EFX - Free Report) - Equities researchers at Atb Cap Markets dropped their Q4 2024 earnings per share (EPS) estimates for Enerflex in a research report issued to clients and investors on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their prior forecast of $0.11. The consensus estimate for Enerflex's current full-year earnings is $0.73 per share. Atb Cap Markets also issued estimates for Enerflex's Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.14 EPS and Q3 2026 earnings at $0.13 EPS.

Other equities research analysts have also recently issued reports about the stock. Acumen Capital raised their target price on shares of Enerflex from C$12.00 to C$15.00 in a research report on Friday, November 15th. TD Securities lifted their price target on shares of Enerflex from C$12.00 to C$15.00 and gave the company a "buy" rating in a report on Friday, November 15th. ATB Capital upped their price objective on Enerflex from C$15.00 to C$17.00 in a report on Tuesday. BMO Capital Markets lifted their target price on Enerflex from C$11.00 to C$15.00 in a report on Friday, November 15th. Finally, Raymond James upped their price target on Enerflex from C$12.00 to C$13.75 in a research note on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$12.59.

Enerflex Trading Down 1.2 %

TSE:EFX traded down C$0.16 during mid-day trading on Thursday, reaching C$13.50. The company's stock had a trading volume of 296,307 shares, compared to its average volume of 308,568. The company has a debt-to-equity ratio of 93.84, a current ratio of 1.27 and a quick ratio of 1.20. The stock has a market cap of C$1.67 billion, a P/E ratio of -11.74 and a beta of 1.71. The company's fifty day simple moving average is C$10.59 and its two-hundred day simple moving average is C$8.52. Enerflex has a twelve month low of C$5.75 and a twelve month high of C$13.86.

Insider Buying and Selling

In other Enerflex news, Director Joanne Linette Cox bought 2,500 shares of the stock in a transaction dated Wednesday, December 11th. The stock was bought at an average cost of C$13.65 per share, for a total transaction of C$34,115.00. 0.49% of the stock is currently owned by corporate insiders.

Enerflex Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 16th will be issued a dividend of $0.0375 per share. This is an increase from Enerflex's previous quarterly dividend of $0.03. This represents a $0.15 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Tuesday, November 26th. Enerflex's dividend payout ratio (DPR) is presently -8.70%.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.