Scotiabank Has Positive Outlook of TSE:TVK FY2026 Earnings

TerraVest Industries Inc. (TSE:TVK) – Stock analysts at Scotiabank upped their FY2026 earnings estimates for TerraVest Industries in a research note issued on Wednesday, August 19th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $4.61 for the year, up from their prior forecast of $3.63. Scotiabank currently has a “Hold” rating 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’ FY2027 earnings at $7.36 EPS.

Several other equities research analysts also recently issued reports on the company. National Bank Financial increased their price target on TerraVest Industries from C$170.00 to C$180.00 in a report on Friday, August 14th. BMO Capital Markets lifted their price objective on TerraVest Industries from C$160.00 to C$170.00 in a report on Friday, August 14th. Canaccord Genuity Group decreased their price objective on TerraVest Industries from C$190.00 to C$140.00 and set a “buy” rating for the company in a research report on Tuesday, June 9th. Finally, Canadian Imperial Bank of Commerce boosted their price objective on TerraVest Industries from C$130.00 to C$148.00 in a research report on Friday, August 14th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$162.00.

TerraVest Industries Stock Performance

Shares of TerraVest Industries stock opened at C$117.88 on Monday. The company has a market capitalization of C$2.53 billion, a PE ratio of 28.40 and a beta of 0.86. TerraVest Industries has a 12 month low of C$95.00 and a 12 month high of C$175.20. The company has a current ratio of 1.54, a quick ratio of 0.91 and a debt-to-equity ratio of 151.79. The stock’s fifty day simple moving average is C$118.85 and its 200 day simple moving average is C$131.31.

TerraVest Industries (TSE:TVK) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$1.40 earnings per share (EPS) for the quarter. TerraVest Industries had a net margin of 5.35% and a return on equity of 12.40%. The company had revenue of C$921.79 million during the quarter.

About TerraVest Industries

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.