Enerflex (EFX) Receives a Buy from ATB Capital Markets
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Currently, the analyst consensus on Enerflex is a Strong Buy with an average price target of C$16.21, a 29.06% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a C$16.00 price target.
Based on Enerflex's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$561 million and a net profit of C$15 million. In comparison, last year the company earned a revenue of C$782.21 million and had a GAAP net loss of C$127.34 million
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EFX in relation to earlier this year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Who Is TipRanks' All-Star Analyst on Alibaba Stock (BABA)?
The TipRanks All-star Analyst of the Day title goes to analyst Thomas Chong of research firm Jefferies. Remarkably, Chong ranks #642 out of the 9,947 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Alibaba (BABA), for which he is both the Most Accurate and Most Profitable analyst. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Alibaba is a Chinese e-commerce and cloud services company that connects buyers and sellers through its online platforms. For a thorough assessment of the stock, go to TipRanks' Stock Analysis page. When we look at Chong's recommendation for Alibaba stock, he has had a 67% success rate on holding the stock for one year. Plus, he earned an average return of 14.51% during that period. On an overall basis, copying Chong's trades and holding them for a year would give you an average return of 9.90% with 54% of your trades generating a profit. Not Just BABA Chong primarily focuses on covering the Technology sector in the U.S. and Hong Kong markets. Importantly, his most profitable rating to date was a Buy on Kingsoft Cloud Holdings Ltd. (KC), a Chinese cloud service provider. The analyst earned a massive 422.80% return on the call between March 11, 2024, and March 11, 2025. Following phenomenally successful analysts' ratings can add profit to your portfolio. Find the best analyst to follow for any stock by scrolling down to the ' Best Analyst Covering ' feature on its Analyst Forecast page. Top Analysts on TipRanks.
Business Insider
2 hours ago
- Business Insider
With IONQ up Over 500%, Let's Look at Who Owns This Quantum Computing Stock
IonQ (IONQ) stock has climbed over 500% over the past year, driven by growing investor enthusiasm for quantum computing and major cloud partnerships. However, the stock took a hit after the company posted mixed Q2 results on August 7. IonQ reported a loss of $0.70 per share, far wider than the expected loss of $0.29. Following the report, several top analysts voiced concerns over increasing uncertainty about the company's strategic direction and profitability. One such analyst is DA Davidson analyst Alexander Platt, who downgraded the stock from Buy to Hold while keeping a $35 price target, noting that the risks to its business have 'notably increased.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In other news, Amazon (AMZN) recently disclosed a $36.70 million stake in IONQ, reflecting the tech giant's strong conviction in quantum computing technology. With the stock in the spotlight, it's worth taking a closer look at who owns IONQ shares. Now, according to TipRanks' ownership page, public companies and individual investors own 73.11% of IONQ. They are followed by ETFs, mutual funds, insiders, and other institutional investors at 13.91%, 11.45%, 1.37%, and 0.15%, respectively. Digging Deeper into IONQ's Ownership Structure Looking closely at top shareholders, Vanguard owns the highest stake in IonQ at 7.86%. Next up is Vanguard Index Funds, which holds a 6% stake in the company. Among the top ETF holders, the iShares Russell 2000 ETF (IWM) owns a 2.31% stake in IONQ stock, followed by the Vanguard Total Stock Market ETF (VTI), with a 2.20% stake. Moving to mutual funds, Vanguard Index Funds holds about 6% of IonQ. Meanwhile, Vanguard World Fund owns 1.41% of the company. Is IonQ Stock a Good Buy? On TipRanks, IONQ stock has a Moderate Buy consensus rating based on five Buys and two Hold ratings. The average IonQ price target of $49.57 implies 18.45% upside potential from current levels.
Business Insider
2 hours ago
- Business Insider
Thompson Davis Reaffirms Their Buy Rating on GXO Logistics (GXO)
Thompson Davis analyst maintained a Buy rating on GXO Logistics on August 8 and set a price target of $65.00. The company's shares closed last Friday at $50.33. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In addition to Thompson Davis, GXO Logistics also received a Buy from J.P. Morgan's Brian Ossenbeck in a report issued on August 7. However, on the same day, Loop Capital Markets maintained a Hold rating on GXO Logistics (NYSE: GXO). The company has a one-year high of $63.33 and a one-year low of $30.46. Currently, GXO Logistics has an average volume of 1.29M.
