FY2027 EPS Estimates for Enerflex Raised by Raymond James

Enerflex Ltd. (NYSE:EFXT - Free Report) - Investment analysts at Raymond James raised their FY2027 EPS estimates for Enerflex in a report issued on Thursday, May 8th. Raymond James analyst M. Barth now forecasts that the company will post earnings per share of $1.26 for the year, up from their prior estimate of $1.23. The consensus estimate for Enerflex's current full-year earnings is $0.25 per share. Raymond James also issued estimates for Enerflex's FY2028 earnings at $1.57 EPS and FY2029 earnings at $2.20 EPS.

Enerflex (NYSE:EFXT - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.07. Enerflex had a negative return on equity of 1.25% and a negative net margin of 3.15%. The business had revenue of $552.00 million during the quarter, compared to analyst estimates of $583.59 million.

A number of other equities analysts also recently issued reports on EFXT. Royal Bank of Canada dropped their price objective on shares of Enerflex from $14.00 to $12.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th. CIBC dropped their target price on Enerflex from $10.00 to $9.25 and set a "neutral" rating on the stock in a research report on Friday.

Enerflex Trading Up 0.4%

NYSE EFXT opened at $6.82 on Monday. Enerflex has a one year low of $4.60 and a one year high of $10.61. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.88 and a current ratio of 1.19. The company has a market capitalization of $846.70 million, a price-to-earnings ratio of -10.83 and a beta of 2.02. The company's 50-day simple moving average is $7.03 and its two-hundred day simple moving average is $8.36.

Enerflex Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were paid a $0.026 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.10 annualized dividend and a yield of 1.52%. Enerflex's dividend payout ratio (DPR) is 16.95%.

Hedge Funds Weigh In On Enerflex

Several institutional investors and hedge funds have recently bought and sold shares of the company. TD Waterhouse Canada Inc. boosted its position in shares of Enerflex by 8.7% in the 4th quarter. TD Waterhouse Canada Inc. now owns 17,522 shares of the company's stock worth $173,000 after purchasing an additional 1,404 shares in the last quarter. Geode Capital Management LLC raised its stake in Enerflex by 4.6% in the fourth quarter. Geode Capital Management LLC now owns 63,885 shares of the company's stock valued at $642,000 after buying an additional 2,828 shares during the last quarter. Bank of Nova Scotia boosted its holdings in Enerflex by 4.9% in the fourth quarter. Bank of Nova Scotia now owns 90,717 shares of the company's stock worth $903,000 after acquiring an additional 4,258 shares in the last quarter. Barclays PLC grew its stake in shares of Enerflex by 20.3% during the fourth quarter. Barclays PLC now owns 31,481 shares of the company's stock worth $314,000 after acquiring an additional 5,312 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Enerflex by 21.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 39,096 shares of the company's stock valued at $302,000 after acquiring an additional 6,793 shares in the last quarter. 46.47% of the stock is owned by hedge funds and other institutional investors.

About Enerflex

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.

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