Enerflex Ltd. (NYSE:EFXT – Free Report) – Atb Cap Markets reduced their Q4 2024 earnings per share estimates for Enerflex in a research note issued on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now expects that the company will post earnings of $0.07 per share for the quarter, down from their prior forecast 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 target price on shares of Enerflex from $9.00 to $12.00 and gave the stock an “outperform” rating in a report on Friday, November 15th.
Enerflex Price Performance
Shares of NYSE:EFXT opened at $9.48 on Thursday. The company’s 50 day moving average is $7.80 and its 200 day moving average is $6.30. The company has a market cap of $1.18 billion, a PE ratio of -15.05 and a beta of 2.21. The company has a current ratio of 1.19, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79. Enerflex has a twelve month low of $4.31 and a twelve month high of $9.82.
Institutional Trading of Enerflex
Several institutional investors have recently bought and sold shares of EFXT. B. Riley Wealth Advisors Inc. acquired a new stake in Enerflex in the 3rd quarter worth about $65,000. Acadian Asset Management LLC raised its position in Enerflex by 17,674.4% in the second quarter. Acadian Asset Management LLC now owns 15,286 shares of the company’s stock valued at $81,000 after purchasing an additional 15,200 shares during the period. West Tower Group LLC purchased a new stake in shares of Enerflex in the 3rd quarter valued at $119,000. Fiera Capital Corp lifted 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 in the last quarter. Finally, Net Worth Advisory Group acquired a new stake in Enerflex during the 3rd quarter worth approximately $146,000. 46.47% of the stock is owned by institutional investors and hedge funds.
Enerflex Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, November 26th will be paid a dividend of $0.0268 per share. This is a positive change from Enerflex’s previous quarterly dividend of $0.02. This represents a $0.11 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Tuesday, November 26th. 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.
Featured Stories
- Five stocks we like better than Enerflex
- Investing in Construction Stocks
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- Why Invest in 5G? How to Invest in 5G Stocks
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- High Flyers: 3 Natural Gas Stocks for March 2022
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
Receive News & Ratings for Enerflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex and related companies with MarketBeat.com's FREE daily email newsletter.