Enerflex (TSE:EFX) Price Target Raised to C$12.00 at Raymond James

Enerflex (TSE:EFX - Get Free Report) had its price target upped by investment analysts at Raymond James from C$11.75 to C$12.00 in a report released on Tuesday, BayStreet.CA reports. Raymond James' price objective indicates a potential upside of 35.59% from the company's previous close.

Other equities analysts have also issued research reports about the company. BMO Capital Markets boosted their target price on Enerflex from C$10.00 to C$11.00 in a research report on Thursday, August 8th. ATB Capital lowered their price objective on shares of Enerflex from C$12.50 to C$12.00 in a research report on Wednesday, August 21st. Finally, TD Securities lifted their target price on shares of Enerflex from C$11.00 to C$12.00 and gave the stock a "buy" rating in a research report on Tuesday, October 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Enerflex currently has an average rating of "Moderate Buy" and an average target price of C$10.67.

Enerflex Stock Down 2.4 %

Enerflex stock traded down C$0.22 during trading hours on Tuesday, hitting C$8.85. The stock had a trading volume of 239,936 shares, compared to its average volume of 288,969. The stock's 50-day moving average price is C$7.97 and its 200-day moving average price is C$7.64. Enerflex has a 12-month low of C$5.44 and a 12-month high of C$9.23. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84. The stock has a market capitalization of C$1.10 billion, a P/E ratio of -7.70 and a beta of 1.71.

Enerflex (TSE:EFX - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.08 by C($0.03). The business had revenue of C$840.09 million during the quarter, compared to the consensus estimate of C$761.73 million. Enerflex had a negative net margin of 4.30% and a negative return on equity of 9.39%. Equities research analysts anticipate that Enerflex will post 0.734413 EPS for the current fiscal year.

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.