Raymond James Has Positive View of Enerflex FY2025 Earnings

Enerflex Ltd. (TSE:EFX) – Research analysts at Raymond James boosted their FY2025 earnings estimates for shares of Enerflex in a research report issued on Thursday, November 14th. Raymond James analyst M. Barth now anticipates that the company will earn $0.97 per share for the year, up from their previous forecast of $0.80. The consensus estimate for Enerflex’s current full-year earnings is $0.73 per share.

A number of other research analysts have also commented on the company. BMO Capital Markets upped their price objective on Enerflex from C$11.00 to C$15.00 in a report on Friday. ATB Capital upped their price target on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday. TD Securities raised their price target on shares of Enerflex from C$12.00 to C$15.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Acumen Capital boosted their price objective on shares of Enerflex from C$12.00 to C$15.00 in a report on Friday. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Enerflex currently has a consensus rating of “Moderate Buy” and an average price target of C$12.34.

Enerflex Stock Performance

The firm has a market capitalization of C$1.54 billion, a P/E ratio of -10.22 and a beta of 1.71. The company has a quick ratio of 1.20, a current ratio of 1.27 and a debt-to-equity ratio of 93.84. Enerflex has a 12-month low of C$5.45 and a 12-month high of C$12.53. The company has a 50 day moving average price of C$8.77 and a 200 day moving average price of C$7.87.

Enerflex Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Thursday, January 16th will be given a dividend of $0.0375 per share. This is an increase from Enerflex’s previous quarterly dividend of $0.03. This represents a $0.15 annualized dividend and a yield of ?. The ex-dividend date is Tuesday, November 26th. Enerflex’s payout ratio is currently -8.70%.

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.