Scotiabank Brokers Increase Earnings Estimates for TSE:TVK

TerraVest Industries Inc. (TSE:TVK) – Stock analysts at Scotiabank upped their FY2026 EPS estimates for shares of TerraVest Industries in a research note issued on Thursday, October 22nd. Scotiabank analyst J. Goldman now expects that the company will earn $4.72 per share for the year, up from their previous forecast of $4.61. Scotiabank has a “Sector Perform” rating and a $130.00 price target 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 $7.46 EPS.

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

A number of other brokerages have also weighed in on TVK. National Bank Financial raised their price target on shares of TerraVest Industries from C$170.00 to C$180.00 in a report on Friday, August 14th. Canadian Imperial Bank of Commerce increased their price objective on TerraVest Industries from C$130.00 to C$148.00 in a research report on Friday, August 14th. Finally, BMO Capital Markets lifted their target price on TerraVest Industries from C$160.00 to C$170.00 in a research note on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$153.60.

TerraVest Industries Price Performance

Shares of TVK stock opened at C$111.06 on Friday. TerraVest Industries has a 1 year low of C$95.00 and a 1 year high of C$175.20. The firm’s 50 day moving average is C$115.80 and its 200-day moving average is C$122.76. The firm has a market capitalization of C$2.38 billion, a price-to-earnings ratio of 26.76 and a beta of 1.10. The company has a current ratio of 1.54, a quick ratio of 0.91 and a debt-to-equity ratio of 151.79.

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.