Enerflex (TSE:EFX) Rating Reiterated by Stifel Firstegy

Stifel Firstegy reiterated their buy rating on shares of Enerflex (TSE:EFX) in a research note released on Tuesday, Zacks.com reports.

A number of other brokerages have also recently weighed in on EFX. Royal Bank of Canada reaffirmed an outperform rating and issued a C$12.00 price target on shares of Enerflex in a research report on Thursday, May 6th. ATB Capital boosted their price target on Enerflex from C$11.00 to C$12.00 and gave the stock a na rating in a research report on Tuesday, May 11th. National Bank Financial boosted their price target on Enerflex from C$10.00 to C$10.50 and gave the stock an outperform rating in a research report on Thursday, February 25th. CIBC boosted their price target on Enerflex from C$8.50 to C$9.50 in a research report on Friday, February 26th. Finally, BMO Capital Markets boosted their price target on Enerflex from C$9.00 to C$11.00 in a research report on Friday, February 26th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of C$10.71.

Shares of EFX stock opened at C$8.88 on Tuesday. Enerflex has a 1-year low of C$4.51 and a 1-year high of C$9.75. The company has a quick ratio of 1.40, a current ratio of 2.19 and a debt-to-equity ratio of 30.58. The stock has a market capitalization of C$796.35 million and a P/E ratio of 15.05. The company’s fifty day simple moving average is C$8.04.

Enerflex (TSE:EFX) last issued its earnings results on Wednesday, May 5th. The company reported C$0.03 EPS for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.02). The business had revenue of C$203.20 million during the quarter, compared to analysts’ expectations of C$221.30 million. On average, analysts anticipate that Enerflex will post 0.719153 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 8th. Shareholders of record on Thursday, July 8th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Wednesday, May 19th. This represents a $0.08 annualized dividend and a yield of 0.90%. Enerflex’s dividend payout ratio (DPR) is 13.56%.

About Enerflex

Enerflex Ltd. supplies natural gas compression, oil and gas processing, refrigeration systems, 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, reconfiguration, and repackaging of compressors for various field applications; and modular processing equipment and waste gas systems for natural gas facilities.

Featured Story: Trading Halts Explained

Analyst Recommendations for Enerflex (TSE:EFX)

Receive News & Ratings for Enerflex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex and related companies with MarketBeat.com's FREE daily email newsletter.