Enerflex (TSE:EFX) Price Target Raised to C$13.75

Enerflex (TSE:EFX) had its price target lifted by Raymond James from C$12.00 to C$13.75 in a research note issued to investors on Friday,BayStreet.CA reports. Raymond James also issued estimates for Enerflex’s FY2025 earnings at $0.97 EPS.

Several other equities research analysts also recently weighed in on EFX. ATB Capital dropped their target price on shares of Enerflex from C$12.50 to C$12.00 in a research report on Wednesday, August 21st. TD Securities boosted their price objective on Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a report on Friday. Finally, BMO Capital Markets increased their target price on Enerflex from C$10.00 to C$11.00 in a report on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$12.34.

Enerflex Stock Up 4.3 %

Shares of TSE:EFX opened at C$11.75 on Friday. The firm has a market cap of C$1.46 billion, a PE ratio of -10.22 and a beta of 1.71. The company has a fifty day simple moving average of C$8.77 and a 200 day simple moving average of C$7.87. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 93.84. Enerflex has a 12-month low of C$5.45 and a 12-month high of C$11.92.

Enerflex Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 16th will be issued a $0.0375 dividend. This is an increase from Enerflex’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $0.15 annualized dividend and a dividend yield of 1.28%. Enerflex’s dividend payout ratio (DPR) is -8.70%.

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.