FY2025 Earnings Forecast for TSE:TVK Issued By Scotiabank

TerraVest Industries Inc. (TSE:TVK) – Equities researchers at Scotiabank issued their FY2025 EPS estimates for TerraVest Industries in a research note issued on Wednesday, March 19th. Scotiabank analyst J. Goldman forecasts that the company will earn $4.13 per share 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.

Several other research firms have also recently weighed in on TVK. National Bank Financial cut shares of TerraVest Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. National Bankshares boosted their price objective on shares of TerraVest Industries from C$126.00 to C$134.00 and gave the company a “sector perform” rating in a report on Tuesday, March 18th. Canaccord Genuity Group boosted their price objective on shares of TerraVest Industries from C$132.00 to C$170.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. Finally, Desjardins boosted their price objective on shares of TerraVest Industries from C$125.00 to C$150.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$137.00.

TerraVest Industries Trading Up 2.2 %

Shares of TSE TVK opened at C$148.21 on Monday. The firm’s 50 day moving average price is C$123.43 and its 200-day moving average price is C$113.49. The company has a market cap of C$2.91 billion, a PE ratio of 43.73 and a beta of 0.66. TerraVest Industries has a 52-week low of C$56.35 and a 52-week high of C$149.51. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44.

TerraVest Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, April 10th will be issued a dividend of $0.175 per share. This is a boost from TerraVest Industries’s previous quarterly dividend of $0.15. This represents a $0.70 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Monday, March 31st. TerraVest Industries’s dividend payout ratio is currently 17.70%.

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.