TSE:TVK FY2024 EPS Boosted by National Bank Financial

TerraVest Industries Inc. (TSE:TVK) – Equities research analysts at National Bank Financial boosted their FY2024 earnings estimates for TerraVest Industries in a research report issued on Monday, November 25th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings per share of $3.18 for the year, up from their previous estimate of $3.16. National Bank Financial 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 increased their price objective on TerraVest Industries from C$104.00 to C$128.00 in a research report on Tuesday.

TerraVest Industries Stock Up 0.8 %

Shares of TSE TVK opened at C$114.58 on Thursday. The company has a market capitalization of C$2.23 billion, a P/E ratio of 33.31 and a beta of 0.66. The company has a debt-to-equity ratio of 71.72, a current ratio of 2.32 and a quick ratio of 0.91. The company has a 50 day simple moving average of C$105.65 and a 200-day simple moving average of C$89.48. TerraVest Industries has a 1 year low of C$35.02 and a 1 year high of C$125.72.

Insiders Place Their Bets

In related news, insider Charles Pellerin sold 5,300 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$530,000.00. Also, Director Dustin Haw sold 20,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Insiders sold a total of 113,700 shares of company stock valued at $11,556,134 over the last 90 days. 29.81% of the stock is owned by company 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.