Shares of Enerflex Ltd. (TSE:EFX - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$12.34.
Several research analysts have weighed in on EFX shares. ATB Capital increased their target price on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday, November 15th. Acumen Capital boosted their price target on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday, November 15th. Raymond James increased their target price on shares of Enerflex from C$12.00 to C$13.75 in a report on Friday, November 15th. BMO Capital Markets lifted their price objective on shares of Enerflex from C$11.00 to C$15.00 in a research report on Friday, November 15th. Finally, TD Securities upped their price target on Enerflex from C$12.00 to C$15.00 and gave the company a "buy" rating in a report on Friday, November 15th.
View Our Latest Stock Report on EFX
Enerflex Trading Down 2.5 %
Shares of EFX traded down C$0.33 during mid-day trading on Friday, reaching C$13.01. The stock had a trading volume of 423,944 shares, compared to its average volume of 304,873. Enerflex has a 52-week low of C$5.45 and a 52-week high of C$13.41. The firm has a market cap of C$1.61 billion, a price-to-earnings ratio of -11.31 and a beta of 1.71. The business's fifty day moving average is C$10.15 and its 200 day moving average is C$8.35. The company has a debt-to-equity ratio of 93.84, a current ratio of 1.27 and a quick ratio of 1.20.
Enerflex Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 16th will be given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 1.15%. This is an increase from Enerflex's previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, November 26th. Enerflex's payout ratio is presently -8.70%.
Enerflex Company Profile
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Get Free ReportEnerflex 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.
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