TerraVest Industries (TSE:TVK) Stock Price Expected to Rise, Scotiabank Analyst Says

TerraVest Industries (TSE:TVK) had its price target lifted by stock analysts at Scotiabank from C$184.50 to C$187.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 33.91% from the stock’s current price. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $2.06 EPS and FY2027 earnings at $4.85 EPS.

Other research analysts also recently issued reports about the company. Canaccord Genuity Group raised their price objective on TerraVest Industries from C$195.00 to C$209.00 in a report on Monday, January 12th. BMO Capital Markets raised TerraVest Industries from a “hold” rating to an “outperform” rating and increased their price target for the stock from C$150.00 to C$200.00 in a research report on Friday, December 12th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TerraVest Industries has a consensus rating of “Moderate Buy” and an average target price of C$188.50.

TerraVest Industries Trading Up 3.6%

TerraVest Industries stock opened at C$139.65 on Friday. 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 stock has a market capitalization of C$3.03 billion, a PE ratio of 33.81 and a beta of 0.57. The business’s fifty day moving average is C$154.45 and its 200 day moving average is C$143.91. TerraVest Industries has a one year low of C$100.31 and a one year high of C$176.64.

TerraVest Industries (TSE:TVK) last issued its earnings results on Wednesday, February 11th. The company reported C$1.50 EPS for the quarter. TerraVest Industries had a net margin of 6.97% and a return on equity of 20.85%. The business had revenue of C$408.35 million for the quarter. On average, sell-side analysts predict that TerraVest Industries will post 4.4510412 EPS for the current year.

About TerraVest Industries

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.