TSE:TVK Q4 EPS Forecast Lifted by National Bank Financial

TerraVest Industries Inc. (TSE:TVK) – Research analysts at National Bank Financial boosted their Q4 2024 EPS estimates for shares of TerraVest Industries in a research note issued on Monday, November 25th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings per share of $0.60 for the quarter, up from their prior estimate of $0.58. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share.

Separately, National Bankshares increased their price objective on shares of TerraVest Industries from C$104.00 to C$128.00 in a report on Tuesday.

TerraVest Industries Stock Down 3.2 %

TVK stock opened at C$114.43 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 2.32 and a debt-to-equity ratio of 71.72. TerraVest Industries has a fifty-two week low of C$35.02 and a fifty-two week high of C$125.72. The firm’s 50-day simple moving average is C$105.06 and its 200 day simple moving average is C$88.99. The stock has a market cap of C$2.23 billion, a PE ratio of 33.17 and a beta of 0.66.

Insider Buying and Selling

In other TerraVest Industries news, Director Dustin Haw sold 20,000 shares of the firm’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 69,000 shares of the firm’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of C$102.56, for a total transaction of C$7,076,640.00. Insiders have sold a total of 113,700 shares of company stock valued at $11,556,134 in the last quarter. Company insiders own 29.81% of the company’s stock.

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.