Workflow
石油和天然气 - 勘探与生产 - 加拿大
icon
Search documents
Here's Why Enerflex (EFXT) is a Great Momentum Stock to Buy
ZACKS· 2025-09-03 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Enerflex (EFXT) - Enerflex currently holds a Momentum Style Score of B, indicating potential for solid momentum [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, EFXT shares increased by 2.23%, outperforming the Zacks Oil and Gas - Exploration and Production - Canadian industry, which rose by 1.3% [6] - In the last month, EFXT's price change was 25.64%, significantly higher than the industry's 1.27% [6] - Over the past quarter, EFXT shares have risen by 32.64%, and over the last year, they have gained 81.24%, while the S&P 500 only increased by 8.34% and 14.94%, respectively [7] Trading Volume - EFXT's average 20-day trading volume is 622,689 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the last two months, 2 earnings estimates for EFXT have been revised upwards, while 1 estimate was revised downwards, leading to an increase in the consensus estimate from $0.71 to $0.98 [10] - For the next fiscal year, 3 estimates have moved upwards with no downward revisions [10] Conclusion - Given the positive performance metrics and earnings outlook, EFXT is identified as a promising stock for near-term investment [12]