Enerflex (TSE:EFX) will be announcing its earnings results after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of C$0.33 per share for the quarter.
Enerflex (TSE:EFX) last issued its earnings results on Thursday, August 9th. The company reported C$0.23 EPS for the quarter, missing the consensus estimate of C$0.25 by C($0.02). The business had revenue of C$404.85 million during the quarter, compared to analyst estimates of C$391.85 million.
Shares of TSE EFX opened at C$16.49 on Wednesday. Enerflex has a 52 week low of C$13.55 and a 52 week high of C$17.37.
Several research analysts have commented on EFX shares. AltaCorp Capital restated an “outperform” rating on shares of Enerflex in a research note on Tuesday, July 10th. Raymond James raised their target price on Enerflex from C$21.25 to C$22.00 and gave the stock an “outperform” rating in a research note on Friday, August 10th. Finally, TD Securities downgraded Enerflex from an “action list buy” rating to a “buy” rating and raised their target price for the stock from C$21.00 to C$22.00 in a research note on Wednesday, September 5th. Six investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of C$21.50.
In other news, Director Anna Paravi sold 5,000 shares of Enerflex stock in a transaction dated Monday, August 20th. The stock was sold at an average price of C$16.00, for a total transaction of C$80,000.00. Also, insider James Harbilas sold 30,000 shares of Enerflex stock in a transaction dated Tuesday, September 25th. The shares were sold at an average price of C$16.27, for a total value of C$488,100.00. In the last quarter, insiders have sold 70,000 shares of company stock valued at $1,149,800.
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Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, and electric power equipment in Canada, the United States, and internationally. The company offers engineered systems, including engineering, design, fabrication, and assembly of standard and custom-designed compression, electric power, and processing solutions.
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