Raymond James Analysts Boost Earnings Estimates for Enerflex

Enerflex Ltd. (NYSE:EFXT) – Raymond James upped their FY2025 earnings per share (EPS) estimates for Enerflex in a research report issued on Thursday, November 14th. Raymond James analyst M. Barth now expects that the company will earn $0.70 per share for the year, up from their previous forecast of $0.59. The consensus estimate for Enerflex’s current full-year earnings is $0.19 per share. Raymond James also issued estimates for Enerflex’s FY2026 earnings at $0.49 EPS.

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

Enerflex Trading Down 0.8 %

Shares of NYSE EFXT opened at $8.77 on Monday. Enerflex has a 12 month low of $4.01 and a 12 month high of $8.96. The company has a market cap of $1.09 billion, a price-to-earnings ratio of -13.92 and a beta of 1.89. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The business has a fifty day simple moving average of $6.56 and a 200-day simple moving average of $5.79.

Enerflex Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, November 26th will be given a dividend of $0.0268 per share. This represents a $0.11 annualized dividend and a yield of 1.22%. This is a positive change from Enerflex’s previous quarterly dividend of $0.02. The ex-dividend date is Tuesday, November 26th. Enerflex’s payout ratio is presently -17.46%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. TD Asset Management Inc raised its position in Enerflex by 1.9% during the second quarter. TD Asset Management Inc now owns 152,701 shares of the company’s stock valued at $824,000 after buying an additional 2,789 shares during the period. The Manufacturers Life Insurance Company increased its position in Enerflex by 3.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 184,952 shares of the company’s stock worth $1,103,000 after purchasing an additional 5,864 shares during the last quarter. Geode Capital Management LLC increased its position in Enerflex by 11.2% in 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 last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Enerflex by 24.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,303 shares of the company’s stock worth $174,000 after purchasing an additional 6,325 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in 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 purchasing an additional 7,700 shares during the last quarter. 46.47% of the stock is owned by institutional investors and hedge funds.

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.