Enerflex FY2025 EPS Forecast Boosted by Raymond James

Enerflex Ltd. (NYSE:EFXT - Free Report) - Stock analysts at Raymond James increased their FY2025 earnings per share (EPS) estimates for shares of Enerflex in a note issued to investors on Thursday, November 14th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.70 per share for the year, up from their prior forecast of $0.59. The consensus estimate for Enerflex's current full-year earnings is $0.19 per share. Raymond James also issued estimates for Enerflex's FY2026 earnings at $0.49 EPS.

Separately, Royal Bank of Canada lifted their target price on Enerflex from $9.00 to $12.00 and gave the company an "outperform" rating in a research note on Friday.

Enerflex Price Performance

Shares of EFXT traded up $0.50 during trading hours on Monday, reaching $8.84. 591,703 shares of the stock traded hands, compared to its average volume of 183,858. The company's 50-day moving average price is $6.43 and its two-hundred day moving average price is $5.75. Enerflex has a 52-week low of $4.01 and a 52-week high of $8.93. The company has a market cap of $1.10 billion, a P/E ratio of -14.03 and a beta of 1.89. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 0.92.

Enerflex Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, November 26th will be paid a dividend of $0.0268 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This is a positive change from Enerflex's previous quarterly dividend of $0.02. This represents a $0.11 dividend on an annualized basis and a yield of 1.21%. Enerflex's dividend payout ratio is presently -11.11%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EFXT. Acadian Asset Management LLC increased its stake in Enerflex by 17,674.4% during the second quarter. Acadian Asset Management LLC now owns 15,286 shares of the company's stock worth $81,000 after acquiring an additional 15,200 shares during the last quarter. West Tower Group LLC purchased a new stake in Enerflex during the 3rd quarter valued at $119,000. Net Worth Advisory Group bought a new stake in shares of Enerflex in the 3rd quarter worth about $146,000. Fiera Capital Corp grew its holdings in Enerflex by 117.0% during the 2nd quarter. Fiera Capital Corp now owns 24,830 shares of the company's stock valued at $134,000 after purchasing an additional 13,390 shares during the last quarter. Finally, Barclays PLC lifted its stake in Enerflex by 2,616,800.0% in the third quarter. Barclays PLC now owns 26,169 shares of the company's stock worth $156,000 after purchasing an additional 26,168 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors.

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.