National Bank Financial Weighs in on Enerflex Ltd.'s Q4 2022 Earnings (TSE:EFX) - MarketBeat

2022-10-16 00:06:30 By : Mr. Eric Hua

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Enerflex Ltd. (TSE:EFX - Get Rating) - National Bank Financial raised their Q4 2022 earnings estimates for shares of Enerflex in a report issued on Tuesday, October 11th. National Bank Financial analyst M. Robertson now anticipates that the company will earn $0.19 per share for the quarter, up from their prior forecast of $0.15. The consensus estimate for Enerflex's current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Enerflex's FY2023 earnings at $0.82 EPS.

A number of other research analysts also recently issued reports on EFX. BMO Capital Markets upped their target price on shares of Enerflex from C$9.00 to C$10.00 in a research report on Thursday, August 11th. Raymond James cut their target price on shares of Enerflex from C$14.00 to C$13.00 and set a "strong-buy" rating on the stock in a research report on Monday, July 11th. Finally, Royal Bank of Canada increased their price target on shares of Enerflex from C$11.00 to C$12.00 in a research report on Monday, September 19th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$11.42.Enerflex Stock Performance

Enerflex stock opened at C$6.58 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.33 and a debt-to-equity ratio of 28.93. Enerflex has a 1 year low of C$4.99 and a 1 year high of C$11.12. The company has a market cap of C$590.10 million and a PE ratio of -26.97. The company's 50-day moving average is C$6.38 and its two-hundred day moving average is C$6.98.

Enerflex (TSE:EFX - Get Rating) last issued its quarterly earnings data on Wednesday, August 10th. The company reported C$0.15 EPS for the quarter, topping analysts' consensus estimates of C$0.08 by C$0.07. The company had revenue of C$372.10 million for the quarter, compared to the consensus estimate of C$315.20 million. Enerflex Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 6th. Shareholders of record on Thursday, October 6th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Wednesday, August 17th. This represents a $0.10 annualized dividend and a yield of 1.52%. Enerflex's dividend payout ratio (DPR) is currently -38.93%. Enerflex Company Profile (Get Rating)

Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, energy transition solutions, and electric power generation equipment to the oil and natural gas industry. The company provides custom and standard compression packages for reciprocating and screw compressor applications; and designs, engineers, manufactures, constructs, and installs modular natural gas processing equipment, refrigeration systems, and electric power solutions, as well as engages in re-engineering, re-configuration, and re-packaging of compressors for various field applications; and modular processing equipment and waste gas systems for natural gas facilities.Featured StoriesDoes the Zillow Stock Forecast Hint Toward a Turnaround?Will MGM Resorts Rise to the Top of the Casino Food Chain? The Rally in Walgreen’s Boots Alliance May be Short LivedDoes Short Selling In AMC Mean The Stock Is A Horror Movie? Constellation Brands Stock May Offer Safety in the Market Storm

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