TSE:TVK Q4 EPS Forecast Lifted by National Bank Financial

TerraVest Industries Inc. (TSE:TVK) – Investment analysts at National Bank Financial raised their Q4 2024 earnings per share (EPS) estimates for shares of TerraVest Industries in a research report issued on Monday, November 25th. National Bank Financial analyst Z. Evershed now anticipates that the company will earn $0.60 per share for the quarter, up from their previous forecast of $0.58. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share.

Separately, National Bankshares upped their target price on TerraVest Industries from C$104.00 to C$128.00 in a research report on Tuesday.

TerraVest Industries Stock Down 0.7 %

TerraVest Industries stock opened at C$113.68 on Wednesday. TerraVest Industries has a fifty-two week low of C$35.02 and a fifty-two week high of C$125.72. The company has a market cap of C$2.22 billion, a PE ratio of 33.17 and a beta of 0.66. The company has a debt-to-equity ratio of 71.72, a quick ratio of 0.91 and a current ratio of 2.32. The business’s 50-day simple moving average is C$105.36 and its two-hundred day simple moving average is C$89.24.

Insider Activity

In other news, insider Charles Pellerin sold 69,000 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of C$102.56, for a total transaction of C$7,076,640.00. Also, Director Dustin Haw sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Insiders sold 113,700 shares of company stock worth $11,556,134 over the last three months. 29.81% of the stock is currently owned by corporate insiders.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.