Enerflex FY2025 EPS Raised by National Bank Financial

Enerflex Ltd. (NYSE:EFXT) – Research analysts at National Bank Financial lifted their FY2025 earnings 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 post earnings of $1.22 per share for the year, up from their previous estimate 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 stock an “outperform” rating in a report on Friday.

Enerflex Stock Performance

Shares of EFXT stock opened at $8.84 on Monday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.93 and a current ratio of 1.27. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of -14.03 and a beta of 1.89. Enerflex has a one year low of $4.01 and a one year high of $8.93. The company’s 50-day simple moving average is $6.43 and its 200-day simple moving average is $5.75.

Institutional Trading of Enerflex

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Clearbridge Investments LLC grew its stake in Enerflex by 16.3% during the 2nd quarter. Clearbridge Investments LLC now owns 567,366 shares of the company’s stock worth $3,064,000 after buying an additional 79,419 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Enerflex during the third quarter valued at $730,000. Marshall Wace LLP grew its position in shares of Enerflex by 183.4% during the second quarter. Marshall Wace LLP now owns 218,505 shares of the company’s stock worth $1,180,000 after acquiring an additional 141,393 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Enerflex by 4.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 179,088 shares of the company’s stock worth $965,000 after acquiring an additional 7,700 shares during the period. Finally, 1832 Asset Management L.P. lifted its position in Enerflex by 6.2% in the 1st quarter. 1832 Asset Management L.P. now owns 8,901,000 shares of the company’s stock valued at $51,893,000 after purchasing an additional 516,300 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors and hedge funds.

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 an increase from Enerflex’s previous quarterly dividend of $0.02. This represents a $0.11 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Tuesday, November 26th. Enerflex’s payout ratio is presently -11.11%.

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.