Scotiabank Has Pessimistic View of TSE:TVK FY2026 Earnings

TerraVest Industries Inc. (TSE:TVK) – Scotiabank cut their FY2026 EPS estimates for shares of TerraVest Industries in a report released on Wednesday, May 6th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $3.50 for the year, down from their previous forecast of $3.89. Scotiabank has a “Sector Outperform” rating and a $178.00 price target 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 $7.14 EPS.

Separately, Canaccord Genuity Group increased their target price on TerraVest Industries from C$195.00 to C$209.00 in a report on Monday, January 12th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, TerraVest Industries presently has an average rating of “Moderate Buy” and an average target price of C$187.00.

TerraVest Industries Trading Down 0.4%

TVK stock opened at C$127.52 on Friday. The business has a fifty day moving average price of C$136.86 and a 200 day moving average price of C$141.48. The company has a debt-to-equity ratio of 124.54, a current ratio of 1.51 and a quick ratio of 0.91. TerraVest Industries has a fifty-two week low of C$115.75 and a fifty-two week high of C$176.64. The stock has a market capitalization of C$2.77 billion, a price-to-earnings ratio of 30.29 and a beta of 0.83.

TerraVest Industries (TSE:TVK) last posted its quarterly earnings data on Wednesday, February 11th. The company reported C$1.50 earnings per share for the quarter. The company had revenue of C$408.35 million during the quarter. TerraVest Industries had a net margin of 5.90% and a return on equity of 14.09%.

TerraVest Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, April 10th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 0.6%. TerraVest Industries’s payout ratio is currently 17.22%.

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.