Enerflex Ltd. (TSE:EFX) Receives C$26.72 Average Price Target from Brokerages
by Teresa Graham · The Cerbat GemShares of Enerflex Ltd. (TSE:EFX – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$26.72.
Several brokerages have recently issued reports on EFX. Raymond James Financial raised their price objective on shares of Enerflex from C$34.00 to C$40.00 in a research note on Monday, March 30th. TD Securities raised their price objective on shares of Enerflex from C$28.00 to C$39.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. BMO Capital Markets raised their price objective on shares of Enerflex from C$27.00 to C$35.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. Finally, ATB Cormark Capital Markets set a C$26.00 price objective on shares of Enerflex and gave the stock an “outperform” rating in a research note on Friday, December 19th.
View Our Latest Research Report on EFX
Enerflex Trading Down 2.8%
Shares of EFX stock opened at C$31.37 on Monday. Enerflex has a 12 month low of C$8.83 and a 12 month high of C$33.00. The company has a quick ratio of 1.20, a current ratio of 1.13 and a debt-to-equity ratio of 64.41. The business’s 50 day moving average is C$28.72 and its two-hundred day moving average is C$22.86. The company has a market cap of C$3.82 billion, a PE ratio of 60.33 and a beta of 2.11.
Enerflex (TSE:EFX – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported C$0.28 earnings per share (EPS) for the quarter. The business had revenue of C$821.97 million for the quarter. Enerflex had a net margin of 2.49% and a return on equity of 5.32%. Equities analysts predict that Enerflex will post 0.734413 EPS for the current year.
Enerflex Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 25th were paid a $0.0425 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $0.17 annualized dividend and a dividend yield of 0.5%. Enerflex’s dividend payout ratio (DPR) is presently 21.37%.
Enerflex Company Profile
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company’s focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as a coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, Rest of World, and Canada.