What is Scotiabank’s Forecast for TSE:TVK FY2027 Earnings?

TerraVest Industries Inc. (TSE:TVK) – Stock analysts at Scotiabank dropped their FY2027 earnings per share estimates for TerraVest Industries in a research note issued on Wednesday, February 11th. Scotiabank analyst J. Goldman now expects that the company will post earnings of $4.85 per share for the year, down from their prior estimate of $4.92. Scotiabank currently has a “Outperform” rating and a $184.50 target price on the stock. The consensus estimate for TerraVest Industries’ current full-year earnings is $4.45 per share.

TerraVest Industries (TSE:TVK) last posted its quarterly earnings data on Wednesday, February 11th. The company reported C$1.50 earnings per share (EPS) for the quarter. The company had revenue of C$408.35 million for the quarter. TerraVest Industries had a return on equity of 20.85% and a net margin of 6.97%.

Several other equities research analysts also recently weighed in on the stock. BMO Capital Markets raised shares of TerraVest Industries from a “hold” rating to an “outperform” rating and boosted their target price for the stock from C$150.00 to C$200.00 in a research report on Friday, December 12th. Canaccord Genuity Group lifted their target price on TerraVest Industries from C$195.00 to C$209.00 in a research 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$188.08.

TerraVest Industries Stock Down 9.2%

Shares of TSE:TVK opened at C$142.32 on Thursday. TerraVest Industries has a 12-month low of C$100.31 and a 12-month high of C$176.64. The company has a current ratio of 2.44, a quick ratio of 0.91 and a debt-to-equity ratio of 82.38. The firm has a market cap of C$3.09 billion, a PE ratio of 34.46 and a beta of 0.57. The company has a fifty day simple moving average of C$154.00 and a 200 day simple moving average of C$144.35.

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.