National Bank Financial Comments on TSE:TVK FY2024 Earnings

TerraVest Industries Inc. (TSE:TVK) – Investment analysts at National Bank Financial upped their FY2024 EPS estimates for TerraVest Industries in a research note issued on Monday, November 25th. National Bank Financial analyst Z. Evershed now forecasts that the company will post earnings per share of $3.18 for the year, up from their prior forecast 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 lifted their price target on shares of TerraVest Industries from C$104.00 to C$128.00 in a research note on Tuesday.

TerraVest Industries Trading Down 0.7 %

TVK opened at C$113.68 on Thursday. TerraVest Industries has a 1-year low of C$35.02 and a 1-year high of C$125.72. The company has a current ratio of 2.32, a quick ratio of 0.91 and a debt-to-equity ratio of 71.72. The company has a market cap of C$2.22 billion, a P/E ratio of 33.17 and a beta of 0.66. The company has a fifty day moving average price of C$105.36 and a two-hundred day moving average price of C$89.24.

Insider Activity

In related news, Director Dustin Haw sold 20,000 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of C$100.00, for a total transaction of C$2,000,000.00. Also, insider Charles Pellerin sold 1,600 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$100.26, for a total transaction of C$160,416.00. Insiders sold 113,700 shares of company stock worth $11,556,134 over the last three months. 29.81% of the stock is currently owned by 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.