Enerflex Ltd. (NYSE:EFXT - Free Report) - Equities researchers at Atb Cap Markets boosted their Q4 2024 earnings per share estimates for Enerflex in a research report issued to clients and investors on Sunday, May 12th. Atb Cap Markets analyst T. Monachello now forecasts that the company will earn $0.11 per share for the quarter, up from their prior estimate of $0.10. The consensus estimate for Enerflex's current full-year earnings is $0.32 per share. Atb Cap Markets also issued estimates for Enerflex's Q3 2025 earnings at $0.20 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.47 EPS.
Separately, BMO Capital Markets upgraded Enerflex from a "market perform" rating to an "outperform" rating in a research report on Thursday, February 29th.
Get Our Latest Analysis on EFXT
Enerflex Price Performance
EFXT stock traded up $0.17 during trading on Tuesday, hitting $5.29. 246,428 shares of the company's stock traded hands, compared to its average volume of 223,465. The business has a fifty day simple moving average of $5.88 and a 200 day simple moving average of $5.13. Enerflex has a 52 week low of $3.94 and a 52 week high of $8.36. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.85 and a current ratio of 1.16. The stock has a market capitalization of $655.29 million, a price-to-earnings ratio of -5.94 and a beta of 2.20.
Enerflex (NYSE:EFXT - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.16). Enerflex had a negative net margin of 4.61% and a negative return on equity of 2.47%. The firm had revenue of $574.61 million for the quarter, compared to the consensus estimate of $583.70 million.
Enerflex Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Thursday, May 23rd will be paid a dividend of $0.018 per share. This represents a $0.07 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Wednesday, May 22nd. Enerflex's dividend payout ratio is currently -7.87%.
Institutional Investors Weigh In On Enerflex
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Canoe Financial LP increased its holdings in Enerflex by 105.2% during the 4th quarter. Canoe Financial LP now owns 20,393,814 shares of the company's stock worth $95,239,000 after purchasing an additional 10,454,383 shares during the period. 1832 Asset Management L.P. raised its holdings in shares of Enerflex by 21.2% in the fourth quarter. 1832 Asset Management L.P. now owns 8,384,700 shares of the company's stock valued at $39,157,000 after acquiring an additional 1,464,300 shares in the last quarter. Clearbridge Investments LLC bought a new position in Enerflex during the 4th quarter worth about $2,279,000. NewGen Asset Management Ltd lifted its position in shares of Enerflex by 19.1% in the 4th quarter. NewGen Asset Management Ltd now owns 2,186,200 shares of the company's stock worth $10,210,000 after purchasing an additional 350,000 shares during the period. Finally, Hartree Partners LP bought a new position in shares of Enerflex during the first quarter valued at approximately $1,458,000. Institutional investors own 46.47% of the company's stock.
Enerflex Company Profile
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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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