Atb Cap Markets Estimates Enerflex’s Q4 Earnings (NYSE:EFXT)

Enerflex Ltd. (NYSE:EFXT) – Analysts at Atb Cap Markets decreased their Q4 2024 earnings estimates for shares of Enerflex in a report issued on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now expects that the company will earn $0.07 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Enerflex’s current full-year earnings is $0.26 per share. Atb Cap Markets also issued estimates for Enerflex’s Q3 2025 earnings at $0.16 EPS, Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.10 EPS and Q3 2026 earnings at $0.09 EPS.

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

Enerflex Price Performance

Shares of NYSE:EFXT opened at $9.48 on Thursday. The company’s fifty day moving average price is $7.80 and its 200 day moving average price is $6.30. The firm has a market capitalization of $1.18 billion, a P/E ratio of -15.05 and a beta of 2.21. Enerflex has a 12 month low of $4.31 and a 12 month high of $9.82. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.19 and a quick ratio of 0.88.

Enerflex Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.0268 per share. This represents a $0.11 dividend on an annualized basis and a yield of 1.13%. This is a boost from Enerflex’s previous quarterly dividend of $0.02. The ex-dividend date is Tuesday, November 26th. Enerflex’s dividend payout ratio (DPR) is presently -17.46%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EFXT. TD Asset Management Inc increased its stake in shares of Enerflex by 1.9% during the second quarter. TD Asset Management Inc now owns 152,701 shares of the company’s stock worth $824,000 after acquiring an additional 2,789 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Enerflex by 3.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 184,952 shares of the company’s stock valued at $1,103,000 after purchasing an additional 5,864 shares in the last quarter. Geode Capital Management LLC increased its position in Enerflex by 11.2% during the 3rd quarter. Geode Capital Management LLC now owns 61,057 shares of the company’s stock worth $364,000 after purchasing an additional 6,158 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Enerflex by 24.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,303 shares of the company’s stock worth $174,000 after buying an additional 6,325 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC lifted its holdings in shares of Enerflex by 15.0% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 76,413 shares of the company’s stock valued at $455,000 after buying an additional 9,975 shares during the period. 46.47% of the stock is currently owned by hedge funds and other institutional investors.

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.