FY2025 EPS Estimates for Enerflex Lifted by Analyst

Enerflex Ltd. (NYSE:EFXT - Free Report) - Equities researchers at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for shares of Enerflex in a research report issued on Thursday, November 14th. National Bank Financial analyst D. Payne now anticipates that the company will earn $1.22 per share for the year, up from their prior forecast of $1.15. The consensus estimate for Enerflex's current full-year earnings is $0.19 per share.

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

Enerflex Stock Up 5.9 %

Enerflex stock traded up $0.50 during trading hours on Monday, reaching $8.84. The stock had a trading volume of 591,703 shares, compared to its average volume of 183,858. 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 price-to-earnings ratio of -14.03 and a beta of 1.89. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.27 and a quick ratio of 0.93. The business's 50 day moving average price is $6.43 and its 200-day moving average price is $5.75.

Enerflex Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of EFXT. Acadian Asset Management LLC lifted its stake in shares of 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 buying an additional 15,200 shares during the period. West Tower Group LLC acquired a new stake in Enerflex during the 3rd quarter worth about $119,000. Net Worth Advisory Group purchased a new stake in Enerflex during the 3rd quarter valued at about $146,000. Fiera Capital Corp lifted its holdings in shares of Enerflex by 117.0% during the second quarter. Fiera Capital Corp now owns 24,830 shares of the company's stock worth $134,000 after purchasing an additional 13,390 shares during the period. Finally, Barclays PLC boosted its position in 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 last quarter. Institutional investors and hedge funds own 46.47% of the company's stock.

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.