Raymond James Brokers Lift Earnings Estimates for Enerflex

Enerflex Ltd. (NYSE:EFXT) – Analysts at Raymond James increased their FY2025 earnings per share (EPS) estimates for Enerflex in a research note issued on Tuesday, October 15th. Raymond James analyst M. Barth now forecasts that the company will earn $0.59 per share for the year, up from their previous forecast of $0.54. The consensus estimate for Enerflex’s current full-year earnings is $0.18 per share. Raymond James also issued estimates for Enerflex’s FY2026 earnings at $0.37 EPS.

Enerflex (NYSE:EFXT) last released its earnings results on Wednesday, August 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The business had revenue of $614.00 million during the quarter, compared to the consensus estimate of $554.20 million. Enerflex had a negative net margin of 4.25% and a negative return on equity of 1.86%.

Separately, Royal Bank of Canada increased their price objective on Enerflex from $8.00 to $9.00 and gave the company an “outperform” rating in a report on Friday, August 9th.

Enerflex Price Performance

Shares of NYSE EFXT opened at $6.57 on Friday. The stock has a fifty day simple moving average of $5.95 and a two-hundred day simple moving average of $5.61. Enerflex has a 1-year low of $3.94 and a 1-year high of $6.82. The firm has a market cap of $814.36 million, a price-to-earnings ratio of -7.38 and a beta of 2.01. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 0.92.

Institutional Investors Weigh In On Enerflex

Several institutional investors have recently made changes to their positions in the stock. 1832 Asset Management L.P. lifted its position in shares of Enerflex by 16.1% during the second quarter. 1832 Asset Management L.P. now owns 10,336,900 shares of the company’s stock worth $55,819,000 after acquiring an additional 1,435,900 shares in the last quarter. Mackenzie Financial Corp lifted its position in shares of Enerflex by 57.9% during the second quarter. Mackenzie Financial Corp now owns 4,380,143 shares of the company’s stock worth $23,631,000 after acquiring an additional 1,606,236 shares in the last quarter. Clearbridge Investments LLC lifted its position in shares of Enerflex by 16.3% during the second quarter. Clearbridge Investments LLC now owns 567,366 shares of the company’s stock worth $3,064,000 after acquiring an additional 79,419 shares in the last quarter. Hartree Partners LP purchased a new stake in shares of Enerflex during the first quarter worth $1,458,000. Finally, Marshall Wace LLP lifted its position in shares of Enerflex by 183.4% during the second quarter. Marshall Wace LLP now owns 218,505 shares of the company’s stock worth $1,180,000 after acquiring an additional 141,393 shares in the last quarter. Hedge funds and other institutional investors own 46.47% of the company’s stock.

Enerflex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, August 22nd were issued a dividend of $0.018 per share. This represents a $0.07 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend was Thursday, August 22nd. Enerflex’s dividend payout ratio (DPR) is -7.87%.

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.