FY2025 EPS Forecast for Enerflex Boosted by Analyst

Enerflex Ltd. (TSE:EFX) – Analysts at Raymond James Financial upped their FY2025 earnings estimates for shares of Enerflex in a research note issued on Thursday, November 6th. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings of $1.61 per share for the year, up from their previous forecast of $1.50. Raymond James Financial currently has a “Outperform” rating and a $24.00 price target on the stock. The consensus estimate for Enerflex’s current full-year earnings is $0.73 per share.

Other analysts have also issued research reports about the company. ATB Capital increased their price objective on Enerflex from C$19.50 to C$23.00 and gave the company an “outperform” rating in a report on Friday. CIBC increased their price target on Enerflex from C$11.50 to C$15.25 and gave the company a “neutral” rating in a research note on Friday. Desjardins raised their price target on Enerflex from C$14.50 to C$17.50 and gave the stock a “sector perform” rating in a report on Monday, October 20th. Royal Bank Of Canada boosted their price objective on shares of Enerflex from C$15.00 to C$17.00 and gave the company an “outperform” rating in a report on Friday. Finally, BMO Capital Markets upped their target price on Enerflex from C$20.00 to C$23.00 in a research report on Monday. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$20.19.

Enerflex Price Performance

Shares of EFX opened at C$19.00 on Monday. The company has a 50 day moving average of C$15.81 and a two-hundred day moving average of C$12.66. The company has a quick ratio of 1.20, a current ratio of 1.19 and a debt-to-equity ratio of 81.27. Enerflex has a twelve month low of C$8.74 and a twelve month high of C$19.40. The company has a market cap of C$2.32 billion, a price-to-earnings ratio of 18.27 and a beta of 2.28.

Enerflex Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, December 1st will be issued a $0.0425 dividend. The ex-dividend date of this dividend is Monday, November 17th. This is a positive change from Enerflex’s previous quarterly dividend of $0.04. This represents a $0.17 annualized dividend and a yield of 0.9%. Enerflex’s dividend payout ratio is currently 9.50%.

Enerflex Company Profile

Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company’s focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression.