Enerflex (TSE:EFX – Get Free Report) was downgraded by investment analysts at TD Securities from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks reports.
Several other brokerages have also issued reports on EFX. Raymond James Financial increased their target price on shares of Enerflex from C$49.00 to C$53.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 14th. Canadian Imperial Bank of Commerce raised shares of Enerflex from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 13th. ATB Cormark Capital Markets upped their price objective on shares of Enerflex from C$52.00 to C$56.00 and gave the company an “outperform” rating in a report on Wednesday, October 14th. Royal Bank Of Canada dropped their price objective on shares of Enerflex from C$35.00 to C$33.00 and set an “outperform” rating on the stock in a report on Friday, October 30th. Finally, Acumen Capital increased their price objective on shares of Enerflex from C$42.00 to C$48.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$41.03.
Get Our Latest Report on Enerflex
Enerflex Price Performance
Enerflex stock opened at C$26.44 on Wednesday. The stock has a market capitalization of C$3.23 billion, a price-to-earnings ratio of 44.81 and a beta of 1.37. Enerflex has a 52-week low of C$17.62 and a 52-week high of C$39.95. The company has a debt-to-equity ratio of 49.79, a quick ratio of 1.20 and a current ratio of 1.23. The stock’s 50 day moving average price is C$32.48 and its two-hundred day moving average price is C$31.48.
Enerflex (TSE:EFX – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported C$0.64 earnings per share for the quarter. The company had revenue of C$886.92 million during the quarter. Enerflex had a net margin of 3.23% and a return on equity of 6.01%. On average, equities analysts predict that Enerflex will post 0.73 earnings per share for the current year.
About Enerflex
Enerflex is a leading provider of modular natural gas, power technology and treated water solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value. With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: Transforming Energy for a Sustainable Future.
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