Enerflex Ltd. (EFX) To Go Ex-Dividend on November 26th

Enerflex Ltd. (TSE:EFX) declared a quarterly dividend on Tuesday, November 26th,TickerTech Dividends reports. Stockholders of record on Thursday, January 16th will be given a dividend of 0.0375 per share on Thursday, January 16th. This represents a $0.15 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Tuesday, November 26th. This is an increase from Enerflex’s previous quarterly dividend of $0.03.

Enerflex Stock Performance

Shares of TSE EFX opened at C$13.14 on Friday. The company has a market capitalization of C$1.63 billion, a P/E ratio of -11.43 and a beta of 1.71. The business’s 50-day moving average price is C$9.17 and its two-hundred day moving average price is C$8.00. Enerflex has a one year low of C$5.45 and a one year high of C$13.31. The company has a debt-to-equity ratio of 93.84, a current ratio of 1.27 and a quick ratio of 1.20.

Wall Street Analyst Weigh In

EFX has been the topic of several analyst reports. Raymond James increased their price target on shares of Enerflex from C$12.00 to C$13.75 in a research note on Friday, November 15th. BMO Capital Markets upped their price objective on shares of Enerflex from C$11.00 to C$15.00 in a report on Friday, November 15th. TD Securities raised their target price on Enerflex from C$12.00 to C$15.00 and gave the company a “buy” rating in a report on Friday, November 15th. ATB Capital boosted their price target on Enerflex from C$12.00 to C$15.00 in a research report on Friday, November 15th. Finally, Acumen Capital increased their price objective on Enerflex from C$12.00 to C$15.00 in a report on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$12.34.

Enerflex Company Profile

Enerflex Ltd. offers energy infrastructure and energy transition solutions to natural gas markets in North America, Latin America, and the Eastern Hemisphere. The company provides natural gas compression infrastructure, processing, and treated water infrastructure under contract to oil and natural gas customers; power generation rental solutions; custom and standard compression packages for reciprocating and screw compressor applications; re-engineering, re-configuration, and re-packaging of compressors for various field applications; integrated turnkey power generation, gas compression, processing facilities, natural gas compression, processing, and electric power solutions; after-market mechanical services and parts distribution, as well as maintenance solutions to the oil and natural gas industry, operations, and overhaul services; and equipment supply, parts supply, and general asset management.