What is Scotiabank’s Forecast for TSE:TVK FY2026 Earnings?

TerraVest Industries Inc. (TSE:TVK) – Equities researchers at Scotiabank upped their FY2026 earnings estimates for TerraVest Industries in a note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $4.61 per share for the year, up from their previous forecast of $3.63. Scotiabank currently has a “Hold” rating 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 $7.36 EPS.

TerraVest Industries (TSE:TVK) last released its quarterly earnings data on Thursday, August 13th. The company reported C$1.40 EPS for the quarter. TerraVest Industries had a net margin of 5.35% and a return on equity of 12.40%. The company had revenue of C$921.79 million during the quarter.

Several other brokerages have also recently weighed in on TVK. Canaccord Genuity Group reduced their price target on TerraVest Industries from C$190.00 to C$140.00 and set a “buy” rating for the company in a research report on Tuesday, June 9th. Canadian Imperial Bank of Commerce increased their price objective on TerraVest Industries from C$130.00 to C$148.00 in a report on Friday, August 14th. BMO Capital Markets raised their target price on TerraVest Industries from C$160.00 to C$170.00 in a research note on Friday, August 14th. Finally, National Bank Financial lifted their target price on TerraVest Industries from C$170.00 to C$180.00 in a report on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, TerraVest Industries presently has an average rating of “Moderate Buy” and a consensus target price of C$162.00.

TerraVest Industries Trading Down 2.9%

Shares of TVK stock opened at C$118.16 on Monday. The stock has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 28.47 and a beta of 0.86. The company’s fifty day simple moving average is C$118.80 and its two-hundred day simple moving average is C$131.50. TerraVest Industries has a 1 year low of C$95.00 and a 1 year high of C$175.20. The company has a debt-to-equity ratio of 151.79, a current ratio of 1.54 and a quick ratio of 0.91.

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.