Enerflex (TSE:EFX) Sets New 1-Year High - Should You Buy?

Key Points

• New 52‑week high: Enerflex shares reached C$35.92 (last around C$34.86) and several analysts raised price targets into the C$35–C$40 range, leaving a MarketBeat consensus of "Moderate Buy."
• Fundamentals and risk: The company has a C$4.25B market cap with a high valuation (PE ~67), quarterly revenue of C$821.97M and EPS of C$0.28, but thin profitability (net margin 2.7%), modest dividend yield (0.5%) and elevated leverage (debt/equity 64.41), implying growth potential but higher volatility and limited payout.

Shares of Enerflex Ltd. (TSE:EFX - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$35.92 and last traded at C$34.86, with a volume of 839137 shares. The stock had previously closed at C$35.07.

Analysts Set New Price Targets

EFX has been the topic of several recent analyst reports. BMO Capital Markets increased their price objective on shares of 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 increased their price objective on shares of Enerflex from C$28.00 to C$39.00 and gave the stock a "buy" rating in a report on Friday, February 27th. Finally, Raymond James Financial increased their price objective on shares of Enerflex from C$34.00 to C$40.00 in a report on Monday, March 30th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$26.72.

Enerflex Price Performance

The company has a market cap of C$4.25 billion, a PE ratio of 67.04 and a beta of 2.11. The business's 50 day moving average price is C$29.72 and its 200-day moving average price is C$23.71. The company has a quick ratio of 1.20, a current ratio of 1.13 and a debt-to-equity ratio of 64.41.

Enerflex (TSE:EFX - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported C$0.28 earnings per share (EPS) for the quarter. The company had revenue of C$821.97 million for the quarter. Enerflex had a net margin of 2.70% and a return on equity of 6.34%. As a group, analysts forecast that Enerflex Ltd. will post 0.734413 earnings per share for the current year.

Enerflex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 25th were paid a dividend of $0.0425 per share. The ex-dividend date was Wednesday, March 11th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.5%. Enerflex's dividend payout ratio (DPR) is currently 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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