Brokers Offer Predictions for Enerflex FY2025 Earnings

Enerflex Ltd. (NYSE:EFXT) – Equities research analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for Enerflex in a report released on Thursday, November 14th. National Bank Financial analyst D. Payne now expects that the company will post earnings per share of $1.22 for the year, up from their previous forecast of $1.15. The consensus estimate for Enerflex’s current full-year earnings is $0.19 per share.

Separately, Royal Bank of Canada increased their target price on Enerflex from $9.00 to $12.00 and gave the company an “outperform” rating in a research note on Friday, November 15th.

Enerflex Price Performance

Enerflex stock opened at $8.77 on Monday. The business’s 50-day simple moving average is $6.56 and its 200 day simple moving average is $5.79. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -13.92 and a beta of 1.89. Enerflex has a 12-month low of $4.01 and a 12-month high of $8.96. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.79.

Hedge Funds Weigh In On Enerflex

Several hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC raised its position 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 purchasing an additional 15,200 shares during the period. West Tower Group LLC acquired a new stake in shares of Enerflex during the third quarter worth about $119,000. Fiera Capital Corp raised its position 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. Net Worth Advisory Group acquired a new stake in shares of Enerflex during the third quarter worth about $146,000. Finally, Barclays PLC raised its position in shares of Enerflex by 2,616,800.0% during the third quarter. Barclays PLC now owns 26,169 shares of the company’s stock worth $156,000 after purchasing an additional 26,168 shares during the period. Institutional investors and hedge funds own 46.47% of the company’s stock.

Enerflex Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, November 26th will be paid a $0.0268 dividend. 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 annualized dividend and a yield of 1.22%. Enerflex’s dividend payout ratio is presently -17.46%.

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.