FY2025 EPS Estimates for Enerflex Decreased by Raymond James

Enerflex Ltd. (NYSE:EFXT) – Equities researchers at Raymond James lowered their FY2025 earnings estimates for shares of Enerflex in a research note issued on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the company will earn $0.63 per share for the year, down from their prior forecast of $0.69. The consensus estimate for Enerflex’s current full-year earnings is $0.25 per share. Raymond James also issued estimates for Enerflex’s FY2027 earnings at $1.23 EPS.

Enerflex Stock Performance

EFXT stock opened at $6.42 on Friday. Enerflex has a 1-year low of $4.60 and a 1-year high of $10.61. The business has a 50-day moving average price of $7.97 and a 200 day moving average price of $8.31. The company has a market capitalization of $796.38 million, a P/E ratio of -10.18 and a beta of 1.95. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.19 and a quick ratio of 0.88.

Enerflex Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a $0.026 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.10 annualized dividend and a dividend yield of 1.62%. Enerflex’s dividend payout ratio is currently 40.00%.

Institutional Trading of Enerflex

A number of hedge funds have recently bought and sold shares of EFXT. The Manufacturers Life Insurance Company raised its position in shares of 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 in the last quarter. Public Employees Retirement System of Ohio purchased a new position in Enerflex in the third quarter valued at about $344,000. Barclays PLC raised its holdings in Enerflex by 2,616,800.0% in the third quarter. Barclays PLC now owns 26,169 shares of the company’s stock worth $156,000 after purchasing an additional 26,168 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Enerflex by 11.2% during the third quarter. Geode Capital Management LLC now owns 61,057 shares of the company’s stock valued at $364,000 after buying an additional 6,158 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Enerflex in the 3rd quarter valued at about $65,000. Hedge funds and other institutional investors own 46.47% of the company’s stock.

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.