Enerflex (TSE:EFX - Free Report) had its target price reduced by TD Securities from C$17.00 to C$15.00 in a report published on Wednesday,BayStreet.CA reports. They currently have a buy rating on the stock.
Several other brokerages have also recently weighed in on EFX. Raymond James upped their price target on shares of Enerflex from C$17.00 to C$17.75 in a research report on Friday, February 28th. National Bankshares upped their price objective on Enerflex from C$11.00 to C$16.00 and gave the stock a "sector perform" rating in a research note on Thursday, December 19th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of C$13.84.
Check Out Our Latest Stock Report on Enerflex
Enerflex Trading Down 4.6 %
Shares of TSE EFX traded down C$0.43 during mid-day trading on Wednesday, reaching C$8.89. The company had a trading volume of 294,486 shares, compared to its average volume of 540,650. Enerflex has a 52 week low of C$6.30 and a 52 week high of C$15.22. The business's 50-day moving average is C$10.87 and its 200-day moving average is C$11.77. The stock has a market cap of C$1.11 billion, a price-to-earnings ratio of -9.66 and a beta of 1.71. The company has a current ratio of 1.19, a quick ratio of 1.20 and a debt-to-equity ratio of 81.27.
Enerflex Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 24th were given a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.15 annualized dividend and a dividend yield of 1.69%. Enerflex's dividend payout ratio is presently -10.86%.
Insider Activity
In related news, Senior Officer Joseph Paul John Ladouceur bought 3,000 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was purchased at an average cost of C$11.41 per share, with a total value of C$34,233.00. Over the last quarter, insiders acquired 6,200 shares of company stock valued at $69,129. 0.49% of the stock is currently owned by company insiders.
Enerflex Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Enerflex, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enerflex wasn't on the list.
While Enerflex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
