TerraVest Industries Inc. (TSE:TVK) Receives C$188.50 Average PT from Analysts

TerraVest Industries Inc. (TSE:TVK) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$188.50.

TVK has been the topic of several analyst reports. Scotiabank increased their target price on TerraVest Industries from C$184.50 to C$187.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Canaccord Genuity Group boosted their price target on TerraVest Industries from C$195.00 to C$209.00 in a research note on Monday, January 12th. Finally, BMO Capital Markets raised shares of TerraVest Industries from a “hold” rating to an “outperform” rating and upped their price objective for the stock from C$150.00 to C$200.00 in a research report on Friday, December 12th.

TerraVest Industries Stock Down 4.3%

TSE TVK opened at C$141.78 on Tuesday. The company has a current ratio of 1.51, a quick ratio of 0.91 and a debt-to-equity ratio of 124.54. The company has a market cap of C$3.07 billion, a price-to-earnings ratio of 33.68 and a beta of 0.61. The company has a 50 day moving average of C$153.54 and a 200-day moving average of C$143.26. TerraVest Industries has a 1-year low of C$104.67 and a 1-year high of C$176.64.

TerraVest Industries (TSE:TVK) last issued its quarterly earnings results on Wednesday, February 11th. The company reported C$1.50 earnings per share (EPS) for the quarter. The business had revenue of C$408.35 million for the quarter. TerraVest Industries had a return on equity of 14.09% and a net margin of 5.90%. On average, equities research analysts expect that TerraVest Industries will post 4.4510412 earnings per share for the current fiscal year.

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.