Enerflex Earnings Estimates on the Rise: Will the Stock Continue to Gain?

Enerflex (EFXT) has seen its earnings estimates rise significantly, with a 100% increase in the current quarter and a 790.9% increase for the full year. This has contributed to the company's Zacks Rank being upgraded to #2 (Buy), indicating a strong buying opportunity. The stock has risen 13.9% in the past four weeks, and further gains may be possible.

Enerflex (EFXT) has reported strong quarterly earnings, significantly surpassing analyst expectations. The company's earnings per share (EPS) for the quarter ended June 2025 were $0.49, beating the Zacks Consensus Estimate of $0.07 per share [1]. This represents a remarkable 600% earnings surprise, following an expected $0.12 per share and actual $0.19 per share a quarter ago, indicating a 58.33% surprise [1].

Revenue for the quarter also exceeded expectations, with $615 million surpassing the Zacks Consensus Estimate by 10.82%, compared to $614 million a year ago [1]. Over the last four quarters, Enerflex has consistently exceeded consensus EPS estimates three times and revenue estimates two times [1].

The stock has seen a 13.9% increase in the past four weeks, closing at $9.17 [2]. Analysts have set a mean price target of $11.81, indicating a 28.8% upside potential [2]. The consensus price target is supported by strong agreement among analysts, with a standard deviation of $1.58, indicating high confidence in the stock's potential [2].

Enerflex's Zacks Rank has been upgraded to #2 (Buy), reflecting a strong buying opportunity [1]. The company's impressive earnings performance and positive analyst sentiment contribute to this upgrade. The Zacks Rank is based on four factors related to earnings estimates, and Enerflex's externally-audited track record supports its potential upside in the near term [1].

Investors should remain cautious and conduct thorough research, as price targets should be treated with a high degree of skepticism. While analysts' growing optimism over Enerflex's earnings prospects suggests potential upside, the stock's performance will ultimately depend on future earnings reports and industry trends [2].

References:
[1] https://www.nasdaq.com/articles/enerflex-efxt-surpasses-q2-earnings-and-revenue-estimates
[2] https://finance.yahoo.com/news/much-upside-left-enerflex-efxt-135501022.html