Enerflex Ltd (NYSE: EFXT) has experienced a rise in its stock price by 5.41 compared to its previous closing price of 7.58. However, the company has seen a gain of 9.30% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that Enerflex Ltd. (NYSE:EFXT ) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Company Participants Jeff Fetterly – Vice President, Corporate Development & Investor Relations Marc Rossiter – President & Chief Executive Officer Preet Dhindsa – Senior Vice President & Chief Financial Officer Conference Call Participants Aaron MacNeil – TD Cowen Tim Monachello – ATB Capital Markets Operator Good day and thank you for standing by.
Is It Worth Investing in Enerflex Ltd (NYSE: EFXT) Right Now?
EFXT has 36-month beta value of 1.64. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for EFXT is 122.21M, and currently, short sellers hold a 0.17% ratio of that float. The average trading volume of EFXT on November 15, 2024 was 156.33K shares.
EFXT’s Market Performance
The stock of Enerflex Ltd (EFXT) has seen a 9.30% increase in the past week, with a 22.55% rise in the past month, and a 36.58% gain in the past quarter. The volatility ratio for the week is 4.09%, and the volatility levels for the past 30 days are at 3.13% for EFXT. The simple moving average for the past 20 days is 16.26% for EFXT’s stock, with a 39.24% simple moving average for the past 200 days.
Analysts’ Opinion of EFXT
BMO Capital Markets, on the other hand, stated in their research note that they expect to see EFXT reach a price target of $11, previously predicting the price at $13. The rating they have provided for EFXT stocks is “Market Perform” according to the report published on August 10th, 2023.
EFXT Trading at 25.40% from the 50-Day Moving Average
After a stumble in the market that brought EFXT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.90% of gains for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 4.09%, as shares surge +22.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.47% upper at present.
During the last 5 trading sessions, EFXT rose by +9.30%, which changed the moving average for the period of 200-days by +55.15% in comparison to the 20-day moving average, which settled at $6.87. In addition, Enerflex Ltd saw 71.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EFXT
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.17 for the gross margin
The net margin for Enerflex Ltd stands at -0.04. The total capital return value is set at 0.11. Equity return is now at value -9.41, with -3.36 for asset returns.
Based on Enerflex Ltd (EFXT), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.87. The interest coverage ratio of the stock is 1.55.
Currently, EBITDA for the company is 269.7 million with net debt to EBITDA at 1.86. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 3.69for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
To put it simply, Enerflex Ltd (EFXT) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
