TerraVest Industries Inc. (TSE:TVK) Given Consensus Recommendation of “Moderate Buy” by Analysts

TerraVest Industries Inc. (TSE:TVK) has received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$188.50.

A number of analysts recently commented on the company. Scotiabank upped their price objective on TerraVest Industries from C$184.50 to C$187.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Canaccord Genuity Group boosted their price target on TerraVest Industries from C$195.00 to C$209.00 in a report on Monday, January 12th.

TerraVest Industries Stock Up 0.2%

TVK stock opened at C$137.09 on Wednesday. The stock has a market capitalization of C$2.97 billion, a P/E ratio of 32.56 and a beta of 0.82. The company has a debt-to-equity ratio of 124.54, a current ratio of 1.51 and a quick ratio of 0.91. TerraVest Industries has a 1-year low of C$115.75 and a 1-year high of C$176.64. The business has a fifty day moving average price of C$139.14 and a 200-day moving average price of C$141.68.

TerraVest Industries (TSE:TVK) last posted its quarterly earnings data on Wednesday, February 11th. The company reported C$1.50 EPS for the quarter. The company had revenue of C$408.35 million during the quarter. TerraVest Industries had a return on equity of 14.09% and a net margin of 5.90%. Equities analysts forecast that TerraVest Industries will post 4.4510412 earnings per share for the current fiscal year.

TerraVest Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, April 10th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, March 31st. TerraVest Industries’s payout ratio is currently 17.22%.

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.