What is Atb Cap Markets’ Forecast for Enerflex Q4 Earnings?

Enerflex Ltd. (TSE:EFX) – Equities research analysts at Atb Cap Markets reduced their Q4 2024 earnings estimates for Enerflex in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now expects that the company will post earnings of $0.10 per share for the quarter, down from their prior forecast of $0.11. The consensus estimate for Enerflex’s current full-year earnings is $0.73 per share. Atb Cap Markets also issued estimates for Enerflex’s Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.14 EPS and Q3 2026 earnings at $0.13 EPS.

A number of other equities analysts also recently issued reports on EFX. TD Securities increased their target price on Enerflex from C$12.00 to C$15.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. BMO Capital Markets increased their price objective on Enerflex from C$11.00 to C$15.00 in a research report on Friday, November 15th. ATB Capital boosted their target price on shares of Enerflex from C$15.00 to C$17.00 in a research report on Tuesday. Raymond James increased their price target on shares of Enerflex from C$12.00 to C$13.75 in a report on Friday, November 15th. Finally, Acumen Capital boosted their price objective on shares of Enerflex from C$12.00 to C$15.00 in a report on Friday, November 15th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$12.59.

Enerflex Price Performance

Shares of TSE:EFX opened at C$13.50 on Thursday. Enerflex has a 52 week low of C$5.78 and a 52 week high of C$13.86. The company has a 50-day moving average price of C$10.70 and a 200 day moving average price of C$8.57. The company has a market cap of C$1.67 billion, a P/E ratio of -11.74 and a beta of 1.71. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84.

Insiders Place Their Bets

In related news, Director Joanne Linette Cox acquired 2,500 shares of Enerflex stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average cost of C$13.65 per share, for a total transaction of C$34,115.00. 0.49% of the stock is currently owned by company insiders.

Enerflex Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 16th will be issued a dividend of $0.0375 per share. This is an increase from Enerflex’s previous quarterly dividend of $0.03. This represents a $0.15 annualized dividend and a yield of 1.11%. The ex-dividend date is Tuesday, November 26th. Enerflex’s dividend payout ratio (DPR) is -8.70%.

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.