Raymond James Issues Positive Estimate for Enerflex Earnings

Enerflex Ltd. (TSE:EFX - Free Report) - Equities research analysts at Raymond James boosted their FY2026 earnings per share estimates for shares of Enerflex in a report released on Thursday, February 27th. Raymond James analyst M. Barth now anticipates that the company will post earnings per share of $0.99 for the year, up from their prior estimate of $0.82. The consensus estimate for Enerflex's current full-year earnings is $0.73 per share.

Several other equities analysts also recently weighed in on EFX. ATB Capital lifted their price target on shares of Enerflex from C$15.00 to C$17.00 in a report on Tuesday, December 10th. TD Securities upped their target price on shares of Enerflex from C$12.00 to C$15.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Acumen Capital increased their price target on Enerflex from C$12.00 to C$15.00 in a research note on Friday, November 15th. National Bankshares boosted their price objective on Enerflex from C$11.00 to C$16.00 and gave the company a "sector perform" rating in a research report on Thursday, December 19th. Finally, BMO Capital Markets lifted their target price on Enerflex from C$11.00 to C$15.00 in a research note on Friday, November 15th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Enerflex has an average rating of "Hold" and an average price target of C$13.97.

Enerflex Stock Performance

Shares of EFX stock traded down C$0.56 during trading hours on Monday, reaching C$10.95. 1,101,017 shares of the company traded hands, compared to its average volume of 528,402. The firm has a 50-day moving average price of C$13.84 and a 200 day moving average price of C$11.18. The company has a market cap of C$1.36 billion, a P/E ratio of -11.90 and a beta of 1.71. The company has a debt-to-equity ratio of 81.27, a current ratio of 1.19 and a quick ratio of 1.20. Enerflex has a 12-month low of C$6.30 and a 12-month high of C$15.22.

Insiders Place Their Bets

In related news, Director Joanne Linette Cox acquired 2,500 shares of the firm's stock in a transaction on Wednesday, December 11th. The shares were acquired at an average cost of C$13.65 per share, for a total transaction of C$34,115.00. Insiders have bought a total of 2,920 shares of company stock valued at $38,874 in the last quarter. 0.49% of the stock is currently owned by insiders.

Enerflex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Monday, March 10th. Enerflex's dividend payout ratio is presently -10.86%.

About Enerflex

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.