TSE:TVK Q4 EPS Forecast Lifted by National Bank Financial

TerraVest Industries Inc. (TSE:TVK) – Research analysts at National Bank Financial lifted their Q4 2024 EPS estimates for shares of TerraVest Industries in a report released on Monday, November 25th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings of $0.60 per share for the quarter, up from their previous forecast of $0.58. 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.

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

TerraVest Industries Stock Performance

Shares of TVK opened at C$114.43 on Wednesday. The firm’s 50 day moving average is C$105.06 and its 200-day moving average is C$88.99. The stock has a market capitalization of C$2.23 billion, a P/E ratio of 33.17 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. 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, insider Charles Pellerin sold 5,300 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were 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 firm’s stock in a transaction that occurred on 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 worth $11,556,134 over the last ninety days. 29.81% of the stock is currently owned by company insiders.

About TerraVest Industries

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.