FY2025 EPS Estimates for Enerflex Boosted by Atb Cap Markets

Enerflex Ltd. (NYSE:EFXT) – Investment analysts at Atb Cap Markets upped their FY2025 earnings estimates for shares of Enerflex in a research note issued on Thursday, May 8th. Atb Cap Markets analyst T. Monachello now anticipates that the company will post earnings of $0.55 per share for the year, up from their prior estimate of $0.51. The consensus estimate for Enerflex’s current full-year earnings is $0.25 per share. Atb Cap Markets also issued estimates for Enerflex’s FY2027 earnings at $0.53 EPS.

Enerflex (NYSE:EFXT) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. Enerflex had a negative return on equity of 1.25% and a negative net margin of 3.15%. The business had revenue of $552.00 million for the quarter, compared to the consensus estimate of $583.59 million.

A number of other research analysts have also recently commented on EFXT. Royal Bank of Canada reduced their price target on shares of Enerflex from $14.00 to $12.00 and set an “outperform” rating on the stock in a research report on Thursday, April 17th. CIBC reduced their target price on shares of Enerflex from $10.00 to $9.25 and set a “neutral” rating on the stock in a report on Friday, May 9th.

Enerflex Stock Performance

Shares of NYSE EFXT opened at $7.29 on Monday. The stock’s 50-day moving average is $7.03 and its 200 day moving average is $8.36. The stock has a market cap of $905.05 million, a price-to-earnings ratio of -11.57 and a beta of 2.02. Enerflex has a 1-year low of $4.60 and a 1-year high of $10.61. 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 Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were paid a $0.026 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.10 annualized dividend and a yield of 1.43%. Enerflex’s payout ratio is 16.95%.

Institutional Trading of Enerflex

A number of hedge funds and other institutional investors have recently modified their holdings of EFXT. Versor Investments LP raised its position in shares of Enerflex by 256.7% in the 1st quarter. Versor Investments LP now owns 93,800 shares of the company’s stock worth $725,000 after purchasing an additional 67,500 shares during the last quarter. Northwest & Ethical Investments L.P. increased its stake in Enerflex by 2.2% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 204,109 shares of the company’s stock valued at $1,578,000 after purchasing an additional 4,486 shares in the last quarter. American Century Companies Inc. raised its holdings in Enerflex by 131.8% in the first quarter. American Century Companies Inc. now owns 126,293 shares of the company’s stock worth $976,000 after buying an additional 71,815 shares during the last quarter. Neuberger Berman Group LLC bought a new position in shares of Enerflex in the first quarter worth approximately $517,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Enerflex by 13.9% in the first quarter. Russell Investments Group Ltd. now owns 63,920 shares of the company’s stock worth $494,000 after buying an additional 7,797 shares in the last quarter. 46.47% of the stock is owned by hedge funds and other institutional investors.

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.