National Bank Financial Forecasts Enerflex FY2025 Earnings

Enerflex Ltd. (NYSE:EFXT) – Investment analysts at National Bank Financial raised their FY2025 earnings per share estimates for shares of Enerflex in a research note issued on Thursday, February 27th. National Bank Financial analyst D. Payne now anticipates that the company will post earnings of $1.43 per share for the year, up from their prior estimate of $1.22. The consensus estimate for Enerflex’s current full-year earnings is $0.25 per share.

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

Enerflex Stock Down 3.8 %

Shares of NYSE:EFXT opened at $7.28 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.88 and a current ratio of 1.19. Enerflex has a 1 year low of $4.59 and a 1 year high of $10.61. The stock has a market capitalization of $903.14 million, a P/E ratio of -11.55 and a beta of 2.01. The stock has a 50-day simple moving average of $9.60 and a 200-day simple moving average of $8.00.

Enerflex Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.026 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Monday, March 10th. Enerflex’s payout ratio is currently 40.00%.

Hedge Funds Weigh In On Enerflex

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. TD Waterhouse Canada Inc. boosted its holdings in Enerflex by 8.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 17,522 shares of the company’s stock worth $173,000 after acquiring an additional 1,404 shares during the period. Geode Capital Management LLC boosted its holdings in Enerflex by 4.6% in the 4th quarter. Geode Capital Management LLC now owns 63,885 shares of the company’s stock worth $642,000 after acquiring an additional 2,828 shares during the period. Bank of Nova Scotia boosted its holdings in Enerflex by 4.9% in the 4th quarter. Bank of Nova Scotia now owns 90,717 shares of the company’s stock worth $903,000 after acquiring an additional 4,258 shares during the period. Barclays PLC boosted its holdings in Enerflex by 20.3% in the 4th quarter. Barclays PLC now owns 31,481 shares of the company’s stock worth $314,000 after acquiring an additional 5,312 shares during the period. Finally, 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 worth $1,103,000 after acquiring an additional 5,864 shares during the period. Hedge funds and other institutional investors own 46.47% of the company’s stock.

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.