Raymond James Equities Analysts Boost Earnings Estimates for Enerflex Ltd. (TSE:EFX)

Enerflex Ltd. (TSE:EFX) – Research analysts at Raymond James upped their FY2026 earnings per share (EPS) estimates for Enerflex in a report issued on Thursday, August 8th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.47 per share for the year, up from their prior forecast of $0.44. The consensus estimate for Enerflex’s current full-year earnings is $0.29 per share.

EFX has been the topic of several other research reports. National Bankshares lowered shares of Enerflex from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from C$10.00 to C$9.00 in a research report on Monday, June 3rd. Stifel Nicolaus reduced their price objective on shares of Enerflex from C$13.00 to C$10.00 in a research note on Thursday, May 9th. BMO Capital Markets increased their target price on shares of Enerflex from C$10.00 to C$11.00 in a research report on Thursday, August 8th. CIBC reduced their price target on Enerflex from C$6.55 to C$6.00 in a research report on Monday, May 13th. Finally, TD Securities increased their price objective on Enerflex from C$10.00 to C$11.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Enerflex currently has an average rating of “Moderate Buy” and an average target price of C$10.44.

Enerflex Stock Down 0.8 %

Shares of Enerflex stock opened at C$8.18 on Monday. The firm has a market cap of C$1.01 billion, a price-to-earnings ratio of -6.54 and a beta of 1.73. The stock has a 50-day simple moving average of C$7.32 and a 200-day simple moving average of C$7.49. Enerflex has a 52-week low of C$5.44 and a 52-week high of C$8.80. The company has a debt-to-equity ratio of 93.84, a current ratio of 1.27 and a quick ratio of 1.20.

Enerflex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Thursday, August 22nd will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, August 22nd. Enerflex’s dividend payout ratio is currently -8.00%.

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.