Raymond James Financial Comments on Enerflex FY2025 Earnings

Key Points

• Raymond James Financial raised its FY2025 earnings estimate for Enerflex Ltd. to $1.09 per share, up from $1.06, with a current consensus estimate of $0.25 per share.
• The company recently reported quarterly earnings of $0.49 EPS, significantly exceeding analysts' expectations, with revenue reaching $615 million.
• Enerflex increased its quarterly dividend to $0.0375 from the previous $0.03, representing a 1.3% dividend yield on an annualized basis.

Enerflex Ltd. (NYSE:EFXT - Free Report) - Analysts at Raymond James Financial increased their FY2025 earnings estimates for Enerflex in a report issued on Monday, October 6th. Raymond James Financial analyst M. Barth now expects that the company will post earnings of $1.09 per share for the year, up from their previous forecast of $1.06. Raymond James Financial has a "Outperform" rating on the stock. The consensus estimate for Enerflex's current full-year earnings is $0.25 per share. Raymond James Financial also issued estimates for Enerflex's FY2026 earnings at $0.73 EPS and FY2027 earnings at $1.29 EPS.

Enerflex (NYSE:EFXT - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.42. Enerflex had a net margin of 5.54% and a return on equity of 10.21%. The business had revenue of $615.00 million during the quarter, compared to the consensus estimate of $555.24 million.

Several other research analysts have also recently weighed in on EFXT. Wall Street Zen upgraded Enerflex from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Royal Bank Of Canada raised their price target on Enerflex from $13.00 to $15.00 and gave the stock an "outperform" rating in a research note on Thursday, September 25th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Enerflex in a research report on Friday, August 8th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Enerflex in a research note on Saturday, September 27th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Enerflex presently has a consensus rating of "Moderate Buy" and a consensus target price of $12.13.

Enerflex Stock Up 1.5%

Shares of NYSE EFXT opened at $11.44 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.65. Enerflex has a 52 week low of $6.18 and a 52 week high of $11.51. The firm's fifty day moving average is $9.94 and its 200 day moving average is $8.26. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 11.00 and a beta of 2.01.

Enerflex Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Enerflex's previous quarterly dividend of $0.03. Enerflex's payout ratio is 10.58%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EFXT. Lazard Asset Management LLC grew its holdings in shares of Enerflex by 2.5% during the 2nd quarter. Lazard Asset Management LLC now owns 101,048 shares of the company's stock valued at $797,000 after acquiring an additional 2,468 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in Enerflex by 15.1% in the second quarter. TD Waterhouse Canada Inc. now owns 23,628 shares of the company's stock valued at $186,000 after purchasing an additional 3,098 shares in the last quarter. Baron Wealth Management LLC increased its stake in shares of Enerflex by 31.7% during the 2nd quarter. Baron Wealth Management LLC now owns 15,215 shares of the company's stock worth $120,000 after purchasing an additional 3,666 shares during the last quarter. Northwest & Ethical Investments L.P. grew its position in shares of Enerflex by 2.2% in the first quarter. Northwest & Ethical Investments L.P. now owns 204,109 shares of the company's stock valued at $1,578,000 after purchasing an additional 4,486 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Enerflex by 7.8% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 75,332 shares of the company's stock valued at $595,000 after acquiring an additional 5,427 shares during the period. Institutional investors and hedge funds own 46.47% of the company's stock.

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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