Enerflex (NYSE:EFXT) Issues Quarterly Earnings Results

Enerflex (NYSE:EFXT) announced its quarterly earnings results on Thursday. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.27 by $0.08, Zacks reports. Enerflex had a return on equity of 14.58% and a net margin of 3.19%.The business had revenue of $584.00 million for the quarter, compared to analyst estimates of $607.26 million.

Here are the key takeaways from Enerflex’s conference call:

• Enerflex reported a strong Q1 with revenue of CAD 584m, adjusted EBITDA of CAD 137m, net earnings of CAD 43m, a record ROCE of 17.3%, and net debt reduced to CAD 505m (bank-adjusted net debt/EBITDA ~0.9x).
• Engineered Systems showed commercial momentum with Q1 bookings of CAD 483m (book-to-bill 1.5x) and improving ES margins (19%), while After?Market Services now has opportunity visibility exceeding 5 GW and new data center and island power awards.
• Energy Infrastructure remains durable with ~CAD 1.3bn of contracted revenue, U.S. contract compression utilization at 94%, a 13% fleet increase in 2025, and expected similar growth supported by targeted growth capex.
• Free cash flow fell to CAD 15m as Q1 included a CAD 63m working capital investment, and purchase obligations rose materially (long?lead equipment commitments into 2027–2029), creating near?term cash/commitment risk despite limited upfront cash outlay.
• Management is implementing an enterprise?wide productivity program (lean, supply?chain integration, IT/automation) and will provide strategy detail at a virtual investor update on May 27, with potential upside but uncertain timing.

Enerflex Stock Down 4.4%

EFXT traded down $1.24 on Friday, hitting $27.16. 556,425 shares of the company were exchanged, compared to its average volume of 544,913. Enerflex has a twelve month low of $6.74 and a twelve month high of $29.15. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 40.53 and a beta of 1.93. The company has a current ratio of 1.13, a quick ratio of 0.81 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average price of $22.54 and a two-hundred day moving average price of $17.87.

Enerflex Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be paid a dividend of $0.0425 per share. This represents a $0.17 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, May 20th. Enerflex’s payout ratio is presently 17.91%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Smartleaf Asset Management LLC acquired a new position in Enerflex during the 4th quarter worth $31,000. Shelton Capital Management acquired a new position in Enerflex during the 3rd quarter worth approximately $136,000. Schonfeld Strategic Advisors LLC acquired a new position in Enerflex during the 3rd quarter worth approximately $138,000. Prelude Capital Management LLC acquired a new position in Enerflex during the 3rd quarter worth approximately $147,000. Finally, NewEdge Advisors LLC grew its holdings in Enerflex by 984.3% during the 1st quarter. NewEdge Advisors LLC now owns 22,791 shares of the company’s stock worth $176,000 after acquiring an additional 20,689 shares in the last quarter. 46.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on EFXT. TD Securities reiterated a “buy” rating on shares of Enerflex in a report on Friday. BMO Capital Markets reiterated an “outperform” rating on shares of Enerflex in a report on Friday. Zacks Research upgraded Enerflex from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. National Bank Financial upgraded Enerflex from a “sector perform” rating to an “outperform” rating in a report on Thursday. Finally, Royal Bank Of Canada boosted their price objective on Enerflex from $26.00 to $31.00 and gave the company an “outperform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Enerflex presently has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Enerflex Company Profile

Enerflex Ltd is a Calgary?headquartered energy infrastructure company specializing in the design, fabrication, installation and aftermarket support of natural gas compression, processing, refrigeration and treatment equipment. Its product portfolio includes reciprocating and centrifugal compression systems, gas treating and refrigeration packages, fuel gas conditioning and liquid separation solutions. In addition to equipment sales, Enerflex delivers field services such as commissioning, maintenance, monitoring and parts supply to optimize asset performance throughout the lifecycle.

The company supports upstream, midstream and downstream energy customers through an integrated offering that spans engineering, procurement and construction (EPC) as well as modular fabrication.