TerraVest Industries (TSE:TVK) Stock Price Expected to Rise, Scotiabank Analyst Says

TerraVest Industries (TSE:TVK) had its price objective raised by Scotiabank from C$184.50 to C$187.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Scotiabank’s price target indicates a potential upside of 35.14% from the stock’s current price. Scotiabank also issued estimates for TerraVest Industries’ FY2026 earnings at $2.06 EPS and FY2027 earnings at $4.85 EPS.

TVK has been the topic of several other research reports. Canaccord Genuity Group lifted their target price on TerraVest Industries from C$195.00 to C$209.00 in a research report on Monday, January 12th. BMO Capital Markets upgraded shares of TerraVest Industries from a “hold” rating to an “outperform” rating and upped their target price for the stock from C$150.00 to C$200.00 in a research note on Friday, December 12th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$188.50.

TerraVest Industries Stock Up 2.7%

Shares of TSE TVK traded up C$3.59 during mid-day trading on Friday, reaching C$138.37. 56,312 shares of the company’s stock traded hands, compared to its average volume of 76,690. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The business has a 50-day simple moving average of C$154.17 and a 200 day simple moving average of C$144.29. The stock has a market cap of C$3.00 billion, a P/E ratio of 33.50 and a beta of 0.57. TerraVest Industries has a 1-year low of C$100.31 and a 1-year high of C$176.64.

TerraVest Industries (TSE:TVK) last announced its quarterly earnings results on Wednesday, February 11th. The company reported C$1.50 earnings per share for the quarter. The business had revenue of C$408.35 million for the quarter. TerraVest Industries had a net margin of 6.97% and a return on equity of 20.85%. On average, analysts expect that TerraVest Industries will post 4.4510412 EPS for the current fiscal year.

TerraVest Industries Company Profile

TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company’s operating segments are Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment is engaged in the manufacturing of bulk LPG transport trailers, LPG delivery & service trucks, bulk LPG storage tanks, residential & commercial LPG tanks, dispensers, and other products.