Enerflex (TSE:EFX) Given a C$42.50 Price Target by National Bank Financial Analysts

Enerflex (TSE:EFX) received a C$42.50 price objective from research analysts at National Bank Financial in a research report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 25.89% from the company’s current price.

A number of other research analysts have also commented on the company. ATB Cormark Capital Markets increased their price objective on Enerflex from C$42.00 to C$46.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Raymond James Financial lifted their target price on Enerflex from C$40.00 to C$45.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. BMO Capital Markets boosted their price target on shares of Enerflex from C$39.00 to C$45.00 in a report on Friday, May 8th. TD Securities increased their target price on Enerflex from C$28.00 to C$39.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, Royal Bank Of Canada upped their target price on shares of Enerflex from C$26.00 to C$31.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Enerflex has an average rating of “Moderate Buy” and an average price target of C$35.16.

Enerflex Stock Up 1.0%

Shares of Enerflex stock traded up C$0.33 during midday trading on Thursday, hitting C$33.76. The company’s stock had a trading volume of 326,490 shares, compared to its average volume of 701,725. The firm has a market capitalization of C$4.11 billion, a P/E ratio of 49.65 and a beta of 2.41. Enerflex has a 1-year low of C$10.40 and a 1-year high of C$39.95. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 54.47. The stock has a 50-day simple moving average of C$34.72 and a 200-day simple moving average of C$28.25.

Enerflex (TSE:EFX) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.49 earnings per share (EPS) for the quarter. The business had revenue of C$811.93 million during the quarter. Enerflex had a return on equity of 7.72% and a net margin of 3.63%. As a group, sell-side analysts expect that Enerflex will post 0.734413 earnings per share for the current year.

Insider Transactions at Enerflex

In other news, insider Gurpreet (Preet) Singh Dhindsa purchased 1,265 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of C$39.00 per share, with a total value of C$49,335.00. Following the completion of the acquisition, the insider owned 5,757 shares in the company, valued at C$224,523. This trade represents a 28.16% increase in their position. In the last 90 days, insiders have purchased 1,737 shares of company stock valued at $67,558. Corporate insiders own 0.49% of the company’s stock.

Enerflex Company Profile

Enerflex is a leading provider of modular natural gas, power technology and treated water solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value. With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future.