Raymond James Analysts Boost Earnings Estimates for Enerflex

Enerflex Ltd. (NYSE:EFXT) – Analysts at Raymond James upped their FY2025 earnings per share estimates for shares of Enerflex in a research report issued on Thursday, November 14th. Raymond James analyst M. Barth now expects that the company will earn $0.70 per share for the year, up from their previous forecast of $0.59. The consensus estimate for Enerflex’s current full-year earnings is $0.19 per share. Raymond James also issued estimates for Enerflex’s FY2026 earnings at $0.49 EPS.

Separately, Royal Bank of Canada raised their target price on shares of Enerflex from $9.00 to $12.00 and gave the company an “outperform” rating in a report on Friday.

Enerflex Stock Performance

Shares of EFXT opened at $8.84 on Monday. The stock has a 50-day simple moving average of $6.43 and a 200-day simple moving average of $5.75. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.93 and a current ratio of 1.27. Enerflex has a 1 year low of $4.01 and a 1 year high of $8.93. The stock has a market capitalization of $1.10 billion, a PE ratio of -14.03 and a beta of 1.89.

Institutional Investors Weigh In On Enerflex

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Clearbridge Investments LLC boosted its holdings in Enerflex by 16.3% in the second quarter. Clearbridge Investments LLC now owns 567,366 shares of the company’s stock valued at $3,064,000 after purchasing an additional 79,419 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Enerflex in the 3rd quarter valued at $730,000. Marshall Wace LLP lifted its position in Enerflex by 183.4% in the second quarter. Marshall Wace LLP now owns 218,505 shares of the company’s stock valued at $1,180,000 after acquiring an additional 141,393 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Enerflex by 4.5% in the second quarter. The Manufacturers Life Insurance Company now owns 179,088 shares of the company’s stock valued at $965,000 after acquiring an additional 7,700 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in shares of Enerflex by 6.2% during the first quarter. 1832 Asset Management L.P. now owns 8,901,000 shares of the company’s stock worth $51,893,000 after purchasing an additional 516,300 shares during the last quarter. Institutional investors and hedge funds own 46.47% of the company’s stock.

Enerflex Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.0268 per share. This is a boost from Enerflex’s previous quarterly dividend of $0.02. This represents a $0.11 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Tuesday, November 26th. Enerflex’s dividend payout ratio is currently -11.11%.

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.