Atb Cap Markets Predicts Enerflex’s Q4 Earnings (NYSE:EFXT)

Enerflex Ltd. (NYSE:EFXT) – Equities research 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 $0.07 per share for the quarter, down from their prior forecast of $0.08. The consensus estimate for Enerflex’s current full-year earnings is $0.26 per share. Atb Cap Markets also issued estimates for Enerflex’s Q3 2025 earnings at $0.16 EPS, Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.10 EPS and Q3 2026 earnings at $0.09 EPS.

Separately, Royal Bank of Canada lifted their target price on Enerflex from $9.00 to $12.00 and gave the company an “outperform” rating in a research note on Friday, November 15th.

Enerflex Stock Down 1.6 %

Shares of Enerflex stock opened at $9.49 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average price of $7.75 and a 200 day moving average price of $6.27. Enerflex has a fifty-two week low of $4.23 and a fifty-two week high of $9.82. The firm has a market cap of $1.18 billion, a P/E ratio of -15.06 and a beta of 2.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. TD Asset Management Inc raised its holdings in shares of Enerflex by 1.9% during the 2nd quarter. TD Asset Management Inc now owns 152,701 shares of the company’s stock valued at $824,000 after purchasing an additional 2,789 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Enerflex by 3.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 184,952 shares of the company’s stock worth $1,103,000 after purchasing an additional 5,864 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Enerflex by 11.2% during the third quarter. Geode Capital Management LLC now owns 61,057 shares of the company’s stock worth $364,000 after buying an additional 6,158 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Enerflex by 24.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,303 shares of the company’s stock valued at $174,000 after purchasing an additional 6,325 shares during the period. Finally, Avidian Wealth Enterprises LLC lifted its position in shares of Enerflex by 15.0% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 76,413 shares of the company’s stock worth $455,000 after acquiring an additional 9,975 shares during the period. Hedge funds and other institutional investors own 46.47% of the company’s stock.

Enerflex Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, November 26th will be paid a $0.0268 dividend. This represents a $0.11 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, November 26th. This is a positive change from Enerflex’s previous quarterly dividend of $0.02. Enerflex’s dividend payout ratio is currently -17.46%.

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.