TerraVest Industries (TSE:TVK – Get Free Report) received a C$89.00 price objective from analysts at National Bankshares in a note issued to investors on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 23.71% from the stock’s previous close.
TVK has been the topic of a number of other research reports. Desjardins set a C$95.00 target price on TerraVest Industries and gave the company a “buy” rating in a research note on Thursday, July 4th. Canaccord Genuity Group set a C$91.00 price target on TerraVest Industries and gave the stock a “buy” rating in a research note on Monday, June 10th.
Read Our Latest Stock Analysis on TerraVest Industries
TerraVest Industries Trading Down 1.6 %
TerraVest Industries (TSE:TVK – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported C$1.19 earnings per share for the quarter. The firm had revenue of C$214.94 million for the quarter. TerraVest Industries had a return on equity of 28.07% and a net margin of 7.95%. On average, analysts expect that TerraVest Industries will post 0.78 EPS for the current year.
Insider Activity at TerraVest Industries
In related news, Senior Officer Mitchell Jordan Gilbert sold 52,000 shares of the stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of C$78.50, for a total transaction of C$4,082,000.00. In other TerraVest Industries news, Senior Officer Mitchell Jordan Gilbert sold 52,000 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of C$78.50, for a total value of C$4,082,000.00. Also, Director Dale Laniuk sold 85,000 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of C$74.25, for a total value of C$6,311,250.00. Following the completion of the transaction, the director now directly owns 553 shares of the company’s stock, valued at approximately C$41,060.25. Insiders sold a total of 152,300 shares of company stock worth $11,552,123 in the last 90 days. 30.22% of the stock is 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.
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