Key Points
- Director Benjamin David Cherniavsky bought 1,000 Enerflex shares on Dec. 24 at C$20.50, raising his stake to 10,850 shares (a 10.15% increase) valued at roughly C$222,425.
- Enerflex increased its quarterly dividend to $0.0425 (annualized $0.17), a 0.8% yield with a low 9.77% payout ratio; the dividend was paid Dec. 1 (ex-dividend Nov. 17).
- Analysts have turned more positive—several firms raised price targets (C$17–C$26) and Raymond James upgraded to "strong-buy," leaving an average "Moderate Buy" rating and a mean target of C$21.34 while the stock trades near C$22.57 (12‑month high C$23.65).
Enerflex Ltd. (TSE:EFX - Get Free Report) Director Benjamin David Cherniavsky acquired 1,000 shares of the business's stock in a transaction on Wednesday, December 24th. The shares were bought at an average cost of C$20.50 per share, with a total value of C$20,500.00. Following the completion of the acquisition, the director owned 10,850 shares of the company's stock, valued at approximately C$222,425. This trade represents a 10.15% increase in their position.
Enerflex Stock Down 2.3%
EFX opened at C$22.57 on Friday. The firm has a market cap of C$2.75 billion, a price-to-earnings ratio of 20.52 and a beta of 2.28. Enerflex Ltd. has a twelve month low of C$8.74 and a twelve month high of C$23.65. The company has a debt-to-equity ratio of 81.27, a quick ratio of 1.20 and a current ratio of 1.19. The firm's 50-day simple moving average is C$20.80 and its 200-day simple moving average is C$16.61.
Enerflex (TSE:EFX - Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported C$0.30 earnings per share (EPS) for the quarter. The company had revenue of C$1.08 billion during the quarter. Enerflex had a negative net margin of 3.72% and a negative return on equity of 8.76%. Equities research analysts anticipate that Enerflex Ltd. will post 0.734413 EPS for the current fiscal year.
Enerflex Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, December 1st were paid a $0.0425 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Enerflex's previous quarterly dividend of $0.04. The ex-dividend date was Monday, November 17th. Enerflex's dividend payout ratio is 9.77%.
Analyst Ratings Changes
A number of analysts recently weighed in on EFX shares. BMO Capital Markets raised their price target on shares of Enerflex from C$20.00 to C$23.00 in a report on Monday, November 10th. Raymond James Financial upgraded Enerflex from an "outperform" rating to a "strong-buy" rating and raised their price target for the company from C$24.50 to C$25.00 in a report on Wednesday, December 10th. Royal Bank Of Canada boosted their price objective on Enerflex from C$15.00 to C$17.00 and gave the stock an "outperform" rating in a report on Friday, November 7th. ATB Capital set a C$26.00 price objective on shares of Enerflex and gave the company an "outperform" rating in a report on Friday, December 19th. Finally, National Bankshares increased their price target on Enerflex from C$17.50 to C$24.00 and gave the company a "sector perform" rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$21.34.
View Our Latest Analysis on EFX
Enerflex Company Profile
(
Get Free Report)
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.
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