Enerflex Ltd. (NYSE:EFXT) to Post FY2025 Earnings of $0.47 Per Share, Raymond James Forecasts

Enerflex Ltd. (NYSE:EFXT - Free Report) - Research analysts at Raymond James cut their FY2025 earnings per share estimates for Enerflex in a research report issued to clients and investors on Wednesday, May 8th. Raymond James analyst M. Barth now expects that the company will earn $0.47 per share for the year, down from their prior forecast of $0.50. The consensus estimate for Enerflex's current full-year earnings is $0.47 per share.

Enerflex (NYSE:EFXT - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.16). Enerflex had a positive return on equity of 0.11% and a negative net margin of 3.47%. The company had revenue of $574.61 million for the quarter, compared to the consensus estimate of $583.70 million.

Separately, BMO Capital Markets upgraded Enerflex from a "market perform" rating to an "outperform" rating in a report on Thursday, February 29th.

Enerflex Stock Down 2.8 %

Enerflex stock traded down $0.14 during trading on Friday, hitting $4.95. 455,619 shares of the company were exchanged, compared to its average volume of 223,289. The business's 50 day moving average is $5.94 and its 200 day moving average is $5.10. Enerflex has a 52 week low of $3.94 and a 52 week high of $8.36. The company has a market capitalization of $613.13 million, a P/E ratio of -7.49 and a beta of 2.20. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.89.

Enerflex Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, May 23rd will be issued a dividend of $0.018 per share. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $0.07 dividend on an annualized basis and a yield of 1.46%. Enerflex's dividend payout ratio (DPR) is presently -10.61%.

Hedge Funds Weigh In On Enerflex

Several institutional investors have recently bought and sold shares of EFXT. Avidian Wealth Solutions LLC purchased a new stake in Enerflex in the first quarter worth $90,000. Hartree Partners LP bought a new position in shares of Enerflex during the 1st quarter worth $1,458,000. K.J. Harrison & Partners Inc grew its stake in shares of Enerflex by 38.5% during the 1st quarter. K.J. Harrison & Partners Inc now owns 287,700 shares of the company's stock worth $1,673,000 after acquiring an additional 80,000 shares during the period. Quadrature Capital Ltd grew its stake in shares of Enerflex by 7.6% during the 4th quarter. Quadrature Capital Ltd now owns 332,100 shares of the company's stock worth $1,544,000 after acquiring an additional 23,600 shares during the period. Finally, HITE Hedge Asset Management LLC grew its stake in shares of Enerflex by 8.2% during the 4th quarter. HITE Hedge Asset Management LLC now owns 103,060 shares of the company's stock worth $477,000 after acquiring an additional 7,843 shares during the period. Hedge funds and other institutional investors own 46.47% of the company's stock.

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.