Enerflex Ltd. (TSE:EFX) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Enerflex has an average recommendation of "Moderate Buy" from eight analysts (five buy, three hold) with a 12‑month target of C$26.72, and several firms recently raised targets into the C$35–C$40 range (BMO C$35, TD C$39, Raymond James C$40).
• Market/valuation: Shares opened at C$29.64, trading near a 52‑week high of C$32.64, with a market capitalization of C$3.61B and a P/E of 57.00 (50‑day SMA C$28.03; 200‑day SMA C$22.39).
• Operations & shareholder returns: The company posted quarterly EPS of C$0.28 on C$821.97M in revenue and pays a quarterly dividend of C$0.0425 (annualized C$0.17, ~0.6% yield, DPR 21.37%).

Enerflex Ltd. (TSE:EFX - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight ratings firms that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$26.72.

A number of equities analysts recently issued reports on the company. BMO Capital Markets lifted their target price on Enerflex from C$27.00 to C$35.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. TD Securities lifted their target price on shares of Enerflex from C$28.00 to C$39.00 and gave the stock a "buy" rating in a research report on Friday, February 27th. ATB Cormark Capital Markets set a C$26.00 target price on shares of Enerflex and gave the stock an "outperform" rating in a research report on Friday, December 19th. Finally, Raymond James Financial lifted their target price on shares of Enerflex from C$34.00 to C$40.00 in a research report on Monday, March 30th.

Enerflex Stock Performance

Shares of TSE EFX opened at C$29.64 on Monday. The company has a quick ratio of 1.20, a current ratio of 1.13 and a debt-to-equity ratio of 64.41. The stock has a market capitalization of C$3.61 billion, a price-to-earnings ratio of 57.00 and a beta of 2.11. The stock's fifty day simple moving average is C$28.03 and its 200 day simple moving average is C$22.39. Enerflex has a 52-week low of C$8.74 and a 52-week high of C$32.64.

Enerflex (TSE:EFX - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported C$0.28 earnings per share (EPS) for the quarter. The business had revenue of C$821.97 million for the quarter. Enerflex had a return on equity of 6.34% and a net margin of 2.97%. As a group, sell-side analysts forecast that Enerflex will post 0.734413 earnings per share for the current fiscal year.

Enerflex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 25th were given a $0.0425 dividend. This represents a $0.17 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, March 11th. Enerflex's dividend payout ratio (DPR) is 21.37%.

About Enerflex

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. Enerflex operates three business segments: the USA, Rest of World, and Canada.

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