Enerflex (TSE:EFX) has been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$23.06.
Several equities research analysts recently commented on the stock. TD Securities upgraded shares of Enerflex from a “buy” rating to an “action list buy” rating and set a C$24.00 price objective on the stock in a research report on Thursday, February 8th. Royal Bank of Canada decreased their price objective on shares of Enerflex from C$22.00 to C$21.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th.
Shares of Enerflex stock traded up C$0.10 on Thursday, hitting C$15.58. The company’s stock had a trading volume of 109,536 shares, compared to its average volume of 260,082. Enerflex has a 52-week low of C$13.74 and a 52-week high of C$20.45.
Enerflex (TSE:EFX) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$0.30 EPS for the quarter, topping the consensus estimate of C$0.25 by C$0.05. Enerflex had a net margin of 5.93% and a return on equity of 9.64%. The business had revenue of C$450.07 million for the quarter, compared to analyst estimates of C$356.30 million.
The company also recently announced a quarterly dividend, which was paid on Thursday, April 5th. Shareholders of record on Thursday, March 8th were issued a $0.095 dividend. The ex-dividend date of this dividend was Wednesday, March 7th. This represents a $0.38 dividend on an annualized basis and a yield of 2.44%.
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Enerflex Company Profile
Enerflex Ltd. is a Canada-based supplier of natural gas compression, oil and gas processing, refrigeration systems and electric power equipment. The Company’s in‐house resources provide the capability to engineer, design, manufacture, construct, commission and service hydrocarbon handling systems. The Company operates through three segments: Canada, USA and Rest of World.
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