Enerflex Ltd. (NYSE:EFXT) Expected to Earn FY2025 Earnings of $1.06 Per Share

Enerflex Ltd. (NYSE:EFXT) – Equities research analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for Enerflex in a note issued to investors on Tuesday, May 7th. National Bank Financial analyst D. Payne now forecasts that the company will post earnings per share of $1.06 for the year, up from their previous forecast of $0.96. The consensus estimate for Enerflex’s current full-year earnings is $0.47 per share.

Enerflex (NYSE:EFXT) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.16). Enerflex had a positive return on equity of 0.11% and a negative net margin of 3.47%. The firm had revenue of $574.61 million during the quarter, compared to analyst estimates of $583.70 million.

Separately, BMO Capital Markets upgraded Enerflex from a “market perform” rating to an “outperform” rating in a research report on Thursday, February 29th.

Enerflex Stock Performance

EFXT opened at $4.78 on Thursday. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.89. The business’s 50 day moving average is $5.96 and its 200-day moving average is $5.10. The stock has a market cap of $592.67 million, a PE ratio of -7.24 and a beta of 2.20. Enerflex has a twelve month low of $3.94 and a twelve month high of $8.36.

Enerflex Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Wednesday, March 13th were paid a $0.0184 dividend. This is a positive change from Enerflex’s previous quarterly dividend of $0.02. This represents a $0.07 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend was Tuesday, March 12th. Enerflex’s dividend payout ratio is currently -10.61%.

Hedge Funds Weigh In On Enerflex

Several hedge funds have recently modified their holdings of EFXT. Canoe Financial LP boosted its stake in Enerflex by 105.2% during the fourth quarter. Canoe Financial LP now owns 20,393,814 shares of the company’s stock valued at $95,239,000 after buying an additional 10,454,383 shares in the last quarter. 1832 Asset Management L.P. grew its stake in shares of Enerflex by 21.2% in the 4th quarter. 1832 Asset Management L.P. now owns 8,384,700 shares of the company’s stock worth $39,157,000 after purchasing an additional 1,464,300 shares during the last quarter. NewGen Asset Management Ltd raised its holdings in shares of Enerflex by 19.1% in the 4th quarter. NewGen Asset Management Ltd now owns 2,186,200 shares of the company’s stock worth $10,210,000 after purchasing an additional 350,000 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Enerflex by 25.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,063,900 shares of the company’s stock worth $6,109,000 after buying an additional 213,300 shares in the last quarter. Finally, Fiera Capital Corp grew its position in Enerflex by 24.4% in the third quarter. Fiera Capital Corp now owns 885,692 shares of the company’s stock worth $5,100,000 after buying an additional 173,601 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors and hedge funds.

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.