National Bank Financial Analysts Lift Earnings Estimates for Enerflex Ltd. (TSE:EFX)

Enerflex Ltd. (TSE:EFX) – Equities research analysts at National Bank Financial lifted their FY2025 earnings estimates for Enerflex in a research note issued on Tuesday, May 7th. National Bank Financial analyst D. Payne now forecasts that the company will earn $1.45 per share for the year, up from their previous forecast of $1.31. National Bank Financial currently has a “Outperform Market Weight” rating on the stock. The consensus estimate for Enerflex’s current full-year earnings is $0.52 per share.

Enerflex (TSE:EFX) last issued its quarterly earnings data on Wednesday, February 28th. The company reported C($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.09 by C($0.21). Enerflex had a negative return on equity of 7.55% and a negative net margin of 3.51%. The company had revenue of C$782.21 million for the quarter, compared to analyst estimates of C$788.63 million.

Other research analysts have also recently issued research reports about the company. Stifel Nicolaus lowered their price objective on Enerflex from C$13.00 to C$10.00 in a research report on Thursday. BMO Capital Markets lowered their price target on shares of Enerflex from C$11.00 to C$10.00 in a research report on Wednesday. National Bankshares raised shares of Enerflex from a “sector perform” rating to an “outperform” rating and set a C$10.00 price objective for the company in a report on Thursday, January 25th. ATB Capital increased their target price on shares of Enerflex from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Finally, CIBC lifted their price target on shares of Enerflex from C$8.00 to C$9.00 and gave the company a “neutral” rating in a research report on Monday, April 22nd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$10.94.

Enerflex Stock Performance

TSE:EFX opened at C$6.96 on Thursday. The stock has a 50 day simple moving average of C$8.10 and a 200 day simple moving average of C$6.91. The stock has a market cap of C$862.76 million, a P/E ratio of -7.73 and a beta of 1.82. Enerflex has a 1-year low of C$5.44 and a 1-year high of C$11.03. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 94.38.

Enerflex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Stockholders of record on Thursday, May 23rd will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Wednesday, May 22nd. Enerflex’s dividend payout ratio (DPR) is presently -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.