Q4 Earnings Forecast for Enerflex Issued By Atb Cap Markets

Enerflex Ltd. (TSE:EFX) – Stock analysts at Atb Cap Markets reduced their Q4 2024 earnings per share (EPS) estimates for shares of Enerflex in a report issued on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now forecasts that the company will earn $0.10 per share for the quarter, down from their prior forecast of $0.11. The consensus estimate for Enerflex’s current full-year earnings is $0.73 per share. Atb Cap Markets also issued estimates for Enerflex’s Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.14 EPS and Q3 2026 earnings at $0.13 EPS.

Several other brokerages have also issued reports on EFX. ATB Capital lifted their target price on shares of Enerflex from C$15.00 to C$17.00 in a research report on Tuesday. Raymond James upped their price objective on shares of Enerflex from C$12.00 to C$13.75 in a report on Friday, November 15th. BMO Capital Markets upped their price target on Enerflex from C$11.00 to C$15.00 in a report on Friday, November 15th. TD Securities increased their price target on Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Acumen Capital increased their price objective on shares of Enerflex from C$12.00 to C$15.00 in a research note on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.59.

Enerflex Stock Performance

Shares of Enerflex stock opened at C$13.50 on Thursday. The firm has a market capitalization of C$1.67 billion, a P/E ratio of -11.74 and a beta of 1.71. The business’s fifty day simple moving average is C$10.59 and its 200 day simple moving average is C$8.52. 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$5.75 and a 12 month high of C$13.86.

Enerflex Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Thursday, January 16th will be given a dividend of $0.0375 per share. This is a positive change from Enerflex’s previous quarterly dividend of $0.03. This represents a $0.15 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Tuesday, November 26th. Enerflex’s dividend payout ratio (DPR) is currently -8.70%.

Insiders Place Their Bets

In other news, Director Joanne Linette Cox acquired 2,500 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was acquired at an average cost of C$13.65 per share, with a total value of C$34,115.00. Insiders own 0.49% 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.