FY2024 EPS Estimates for TSE:TVK Raised by Analyst

TerraVest Industries Inc. (TSE:TVK) – National Bank Financial raised their FY2024 earnings estimates for shares of TerraVest Industries in a report issued on Monday, November 25th. National Bank Financial analyst Z. Evershed now forecasts that the company will earn $3.18 per share for the year, up from their prior estimate of $3.16. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share. National Bank Financial also issued estimates for TerraVest Industries’ FY2025 earnings at $3.88 EPS and FY2026 earnings at $5.43 EPS.

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

TerraVest Industries Stock Performance

Shares of TVK stock opened at C$114.58 on Thursday. The company has a market cap of C$2.23 billion, a P/E ratio of 33.31 and a beta of 0.66. The firm has a fifty day moving average price of C$105.65 and a 200 day moving average price of C$89.48. The company has a current ratio of 2.32, a quick ratio of 0.91 and a debt-to-equity ratio of 71.72. TerraVest Industries has a 12 month low of C$35.02 and a 12 month high of C$125.72.

Insiders Place Their Bets

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

TerraVest Industries Company Profile

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.