Alert: Negative Investment/Fundamental Signals (11/17/23)-Enerflex Ltd (NYSE: EFXT)

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Significant negative changes in Enerflex Ltd (NYSE: EFXT) fundamentals have recently occurred: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Important negative changes in Enerflex Ltd (NYSE: EFXT) investment behavior have recently occurred: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, EFXT is expected to be a modest Value Builder.

Enerflex has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Enerflex has a very high Appreciation Score of 91 but a poor Power Rating of 22, resulting in the Neutral Value Trend Rating.

Recent Price Action

Enerflex Ltd (NYSE: EFXT) stock enjoyed a large increase of 3.3% on 11/17/23. The stock closed at $4.40. The stock has declined -3.3% during the last week and has been weak relative to the market over the last nine months.

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