FY2025 Earnings Forecast for TSE:TVK Issued By Scotiabank

TerraVest Industries Inc. (TSE:TVK) – Equities researchers at Scotiabank issued their FY2025 earnings estimates for TerraVest Industries in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst J. Goldman expects that the company will post earnings per share of $4.13 for the year. Scotiabank currently has a “Outperform” rating and a $140.00 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’ FY2026 earnings at $4.99 EPS.

A number of other equities research analysts also recently weighed in on the company. Canaccord Genuity Group boosted their price target on TerraVest Industries from C$132.00 to C$170.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. National Bankshares boosted their target price on shares of TerraVest Industries from C$126.00 to C$134.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 18th. Finally, Desjardins increased their target price on shares of TerraVest Industries from C$125.00 to C$150.00 and gave the stock a “buy” rating in a report on Tuesday, March 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$137.00.

TerraVest Industries Trading Down 2.1 %

Shares of TSE TVK opened at C$146.56 on Monday. 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 stock’s 50 day moving average price is C$124.65 and its two-hundred day moving average price is C$114.22. TerraVest Industries has a 52-week low of C$57.40 and a 52-week high of C$152.07. The stock has a market capitalization of C$2.88 billion, a P/E ratio of 43.24 and a beta of 0.66.

TerraVest Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th will be given a $0.175 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from TerraVest Industries’s previous quarterly dividend of $0.15. This represents a $0.70 annualized dividend and a yield of 0.48%. TerraVest Industries’s dividend payout ratio (DPR) is currently 17.70%.

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.