Enerflex Ltd. (EFX) to Post FY2017 Earnings of $1.12 Per Share, National Bank Financial Forecasts
Enerflex Ltd. (TSE:EFX) – Equities researchers at National Bank Financial increased their FY2017 earnings per share estimates for Enerflex in a research report issued on Sunday. National Bank Financial analyst G. Colman now anticipates that the company will post earnings of $1.12 per share for the year, up from their prior estimate of $1.07. National Bank Financial also issued estimates for Enerflex’s Q4 2017 earnings at $0.25 EPS.
EFX has been the topic of a number of other reports. BMO Capital Markets decreased their price target on shares of Enerflex from C$23.00 to C$21.00 in a research note on Monday, August 14th. TD Securities reaffirmed a “buy” rating and issued a C$24.00 price target on shares of Enerflex in a research note on Monday, November 13th. Finally, Royal Bank Of Canada decreased their price target on shares of Enerflex from C$24.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Monday, November 13th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$23.31.
WARNING: This article was first published by Watch List News and is the property of of Watch List News. If you are accessing this article on another website, it was illegally copied and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be viewed at https://www.watchlistnews.com/enerflex-ltd-efx-to-post-fy2017-earnings-of-1-12-per-share-national-bank-financial-forecasts/1720728.html.
Shares of Enerflex (TSE:EFX) opened at C$16.03 on Wednesday. Enerflex has a 12 month low of C$14.99 and a 12 month high of C$20.57.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Friday, November 24th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 2.37%. This is a positive change from Enerflex’s previous quarterly dividend of $0.09. The ex-dividend date is Wednesday, November 22nd. Enerflex’s dividend payout ratio (DPR) is 121.43%.
In other news, Director Jackson Maureen Ellen Cormier purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was acquired at an average price of C$15.35 per share, for a total transaction of C$76,750.00.
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.
Receive News & Ratings for Enerflex Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerflex Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.