Enerflex Ltd. (TSE:EFX - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.69 and traded as high as C$8.35. Enerflex shares last traded at C$8.16, with a volume of 210,604 shares traded.
Analyst Ratings Changes
A number of equities analysts have issued reports on the stock. ATB Capital lifted their target price on shares of Enerflex from C$12.00 to C$13.50 and gave the stock an "outperform" rating in a research report on Friday, March 1st. BMO Capital Markets upgraded Enerflex from a "market perform" rating to an "outperform" rating and increased their target price for the company from C$8.00 to C$10.00 in a report on Thursday, February 29th. CIBC raised their price target on Enerflex from C$7.25 to C$8.00 and gave the stock a "neutral" rating in a research report on Friday, March 1st. Raymond James upped their price objective on Enerflex from C$11.00 to C$11.50 and gave the company an "outperform" rating in a research report on Friday, March 1st. Finally, Stifel Nicolaus lifted their price objective on Enerflex from C$11.00 to C$13.00 and gave the stock a "buy" rating in a research report on Thursday, January 18th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Enerflex has an average rating of "Moderate Buy" and a consensus target price of C$11.25.
View Our Latest Stock Report on EFX
Enerflex Trading Down 1.8 %
The firm has a market cap of C$992.92 million, a price-to-earnings ratio of -9.07 and a beta of 1.82. The business's 50 day moving average price is C$7.81 and its 200-day moving average price is C$6.69. The company has a debt-to-equity ratio of 94.38, a quick ratio of 1.20 and a current ratio of 1.25.
Enerflex (TSE:EFX - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.09 by C($0.21). The firm had revenue of C$782.21 million for the quarter, compared to analyst estimates of C$788.63 million. Enerflex had a negative net margin of 3.51% and a negative return on equity of 7.55%. Equities analysts expect that Enerflex Ltd. will post 0.5956552 EPS for the current year.
Enerflex Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Wednesday, March 13th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Tuesday, March 12th. Enerflex's dividend payout ratio is presently -11.11%.
Enerflex Company Profile
(
Get Free Report)
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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