Raymond James Brokers Lift Earnings Estimates for Enerflex

Enerflex Ltd. (TSE:EFX) – Analysts at Raymond James boosted their FY2025 earnings per share (EPS) estimates for Enerflex in a report issued on Thursday, November 14th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.97 per share for the year, up from their previous forecast of $0.80. The consensus estimate for Enerflex’s current full-year earnings is $0.73 per share.

A number of other equities research analysts also recently weighed in on EFX. TD Securities upped their target price on Enerflex from C$12.00 to C$15.00 and gave the stock a “buy” rating in a research report on Friday. ATB Capital raised their price objective on Enerflex from C$12.00 to C$15.00 in a research report on Friday. Acumen Capital upped their price target on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday. Finally, BMO Capital Markets raised their price target on shares of Enerflex from C$11.00 to C$15.00 in a report on Friday. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Enerflex currently has an average rating of “Moderate Buy” and an average price target of C$12.34.

Enerflex Stock Up 4.3 %

Shares of Enerflex stock opened at C$11.75 on Monday. The stock has a market capitalization of C$1.46 billion, a price-to-earnings ratio of -10.22 and a beta of 1.71. The business’s 50 day simple moving average is C$8.77 and its 200-day simple moving average is C$7.87. Enerflex has a twelve month low of C$5.45 and a twelve month high of C$11.92. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 93.84.

Enerflex Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Thursday, January 16th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Tuesday, November 26th. This is a positive change from Enerflex’s previous quarterly dividend of $0.03. Enerflex’s dividend payout ratio (DPR) is presently -8.70%.

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.