Scotiabank Lifts Earnings Estimates for TerraVest Industries

TerraVest Industries Inc. (TSE:TVK) – Research analysts at Scotiabank raised their FY2026 EPS estimates for TerraVest Industries in a note issued to investors on Thursday, February 19th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $3.89 per share for the year, up from their prior forecast of $2.06. Scotiabank currently has a “Outperform” rating and a $187.00 target price 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.

Several other equities analysts have also commented on the company. Canaccord Genuity Group upped their target price on TerraVest Industries from C$195.00 to C$209.00 in a research note on Monday, January 12th. BMO Capital Markets upgraded TerraVest Industries from a “hold” rating to an “outperform” rating and lifted their price target for the company from C$150.00 to C$200.00 in a report on Friday, December 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$188.50.

TerraVest Industries Trading Down 0.9%

Shares of TerraVest Industries stock opened at C$157.51 on Monday. TerraVest Industries has a fifty-two week low of C$100.31 and a fifty-two week high of C$176.64. The business’s fifty day moving average is C$155.78 and its two-hundred day moving average is C$143.25. The company has a quick ratio of 0.91, a current ratio of 2.44 and a debt-to-equity ratio of 82.38. The firm has a market cap of C$3.42 billion, a PE ratio of 37.41 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 earnings per share (EPS) for the quarter. The firm 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.