Scotiabank Lifts Earnings Estimates for TerraVest Industries

TerraVest Industries Inc. (TSE:TVK) – Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of TerraVest Industries in a note issued to investors on Thursday, February 19th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $3.89 per share for the year, up from their prior forecast of $2.06. Scotiabank has a “Outperform” rating and a $187.00 price objective on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share. Scotiabank also issued estimates for TerraVest Industries’ FY2027 earnings at $7.69 EPS.

A number of other brokerages have also recently commented on TVK. Canaccord Genuity Group raised their price target on TerraVest Industries from C$195.00 to C$209.00 in a research report on Monday, January 12th. BMO Capital Markets upgraded shares of TerraVest Industries from a “hold” rating to an “outperform” rating and increased their price objective for the stock from C$150.00 to C$200.00 in a research note on Friday, December 12th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TerraVest Industries has a consensus rating of “Moderate Buy” and a consensus target price of C$188.50.

TerraVest Industries Trading Up 1.4%

Shares of TSE:TVK opened at C$158.90 on Monday. The business’s 50 day simple moving average is C$155.78 and its 200 day simple moving average is C$143.26. TerraVest Industries has a 1 year low of C$100.31 and a 1 year high of C$176.64. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The company has a market capitalization of C$3.45 billion, a P/E ratio of 37.74 and a beta of 0.57.

TerraVest Industries (TSE:TVK) last announced its earnings results on Wednesday, February 11th. The company reported C$1.50 EPS for the quarter. The company had revenue of C$408.35 million for the quarter. TerraVest Industries had a net margin of 6.97% and a return on equity of 20.85%.

TerraVest Industries Company Profile

TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company’s operating segments are Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment is engaged in the manufacturing of bulk LPG transport trailers, LPG delivery & service trucks, bulk LPG storage tanks, residential & commercial LPG tanks, dispensers, and other products.