Raymond James Issues Positive Estimate for Enerflex Earnings

Enerflex Ltd. (TSE:EFX - Free Report) - Raymond James boosted their FY2025 EPS estimates for shares of Enerflex in a report released on Thursday, November 14th. Raymond James analyst M. Barth now expects that the company will post earnings of $0.97 per share for the year, up from their prior forecast of $0.80. The consensus estimate for Enerflex's current full-year earnings is $0.73 per share.

EFX has been the subject of a number of other reports. Acumen Capital upped their price target on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday. TD Securities lifted their price target on Enerflex from C$12.00 to C$15.00 and gave the company a "buy" rating in a research report on Friday. ATB Capital raised their target price on Enerflex from C$12.00 to C$15.00 in a research note on Friday. Finally, BMO Capital Markets boosted their price target on shares of Enerflex from C$11.00 to C$15.00 in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$12.34.

Enerflex Price Performance

The company's fifty day moving average is C$8.77 and its 200-day moving average is C$7.87. The company has a market capitalization of C$1.54 billion, a PE ratio of -10.22 and a beta of 1.71. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 93.84. Enerflex has a one year low of C$5.45 and a one year high of C$12.53.

Enerflex Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 16th will be paid a $0.0375 dividend. This is an increase from Enerflex's previous quarterly dividend of $0.03. This represents a $0.15 annualized dividend and a yield of ∞. The ex-dividend date is Tuesday, November 26th. Enerflex's dividend payout ratio is currently -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.