Raymond James Has Weak Outlook for Enerflex FY2025 Earnings

Enerflex Ltd. (NYSE:EFXT - Free Report) - Analysts at Raymond James lowered their FY2025 earnings estimates for Enerflex in a research report issued to clients and investors on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $0.63 for the year, down from their prior forecast of $0.69. The consensus estimate for Enerflex's current full-year earnings is $0.25 per share. Raymond James also issued estimates for Enerflex's FY2027 earnings at $1.23 EPS.

Enerflex Price Performance

NYSE EFXT traded down $0.11 during trading on Friday, hitting $6.67. 73,758 shares of the company's stock were exchanged, compared to its average volume of 270,272. The company has a market cap of $828.08 million, a PE ratio of -10.59 and a beta of 1.95. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79. Enerflex has a fifty-two week low of $4.60 and a fifty-two week high of $10.61. The stock's 50 day moving average price is $7.79 and its two-hundred day moving average price is $8.32.

Hedge Funds Weigh In On Enerflex

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its holdings in shares of Enerflex by 3.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 184,952 shares of the company's stock valued at $1,103,000 after acquiring an additional 5,864 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Enerflex during the third quarter worth about $344,000. Barclays PLC increased its stake in shares of Enerflex by 2,616,800.0% in the third quarter. Barclays PLC now owns 26,169 shares of the company's stock valued at $156,000 after buying an additional 26,168 shares during the period. Geode Capital Management LLC boosted its position in Enerflex by 11.2% during the 3rd quarter. Geode Capital Management LLC now owns 61,057 shares of the company's stock worth $364,000 after buying an additional 6,158 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Enerflex during the 3rd quarter worth approximately $65,000. Institutional investors own 46.47% of the company's stock.

Enerflex Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were given a dividend of $0.026 per share. This represents a $0.10 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend was Monday, March 10th. Enerflex's dividend payout ratio is 40.00%.

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.