FY2025 EPS Estimate for TerraVest Industries Cut by Analyst

Key Points

• National Bank Financial has reduced their FY2025 earnings per share (EPS) estimate for TerraVest Industries to $5.68, down from a previous forecast of $5.81, while maintaining a "Strong-Buy" rating for the stock.
• The analyst consensus currently projects a full-year EPS of $4.45, with FY2026 earnings estimated at $7.81 per share.
• TerraVest Industries recently announced a quarterly dividend of $0.175, representing an annualized yield of 0.4% and a payout ratio of 17.70%.

TerraVest Industries Inc. (TSE:TVK - Free Report) - Analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for shares of TerraVest Industries in a research report issued to clients and investors on Monday, August 4th. National Bank Financial analyst Z. Evershed now anticipates that the company will post earnings of $5.68 per share for the year, down from their prior forecast of $5.81. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for TerraVest Industries' current full-year earnings is $4.45 per share. National Bank Financial also issued estimates for TerraVest Industries' FY2026 earnings at $7.81 EPS.

A number of other research analysts also recently issued reports on the company. National Bankshares lowered their price target on TerraVest Industries from C$205.00 to C$200.00 and set an "outperform" rating on the stock in a report on Tuesday. BMO Capital Markets raised shares of TerraVest Industries to a "hold" rating in a report on Tuesday, May 27th. Desjardins raised shares of TerraVest Industries to a "moderate buy" rating and lifted their target price for the stock from C$172.00 to C$175.00 in a research report on Thursday, May 22nd. Scotiabank upped their price target on shares of TerraVest Industries from C$171.00 to C$176.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Finally, Canaccord Genuity Group boosted their target price on shares of TerraVest Industries from C$170.00 to C$200.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$187.75.

TerraVest Industries Stock Down 0.1%

TVK stock traded down C$0.16 during trading on Wednesday, hitting C$158.30. 62,679 shares of the stock traded hands, compared to its average volume of 89,323. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. The stock has a market cap of C$3.11 billion, a price-to-earnings ratio of 46.70 and a beta of 0.66. TerraVest Industries has a 1 year low of C$75.44 and a 1 year high of C$176.64. The firm's 50 day moving average is C$167.22 and its two-hundred day moving average is C$147.98.

TerraVest Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Thursday, July 10th were issued a $0.175 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.4%. TerraVest Industries's payout ratio is 17.70%.

Insider Transactions at TerraVest Industries

In other TerraVest Industries news, Director Pierre Fournier sold 2,000 shares of the firm's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of C$165.75, for a total value of C$331,504.00. Also, Director Charles Pellerin sold 26,000 shares of the company's stock in a transaction on Friday, May 16th. The shares were sold at an average price of C$171.03, for a total value of C$4,446,780.00. In the last 90 days, insiders sold 104,000 shares of company stock worth $17,230,544. 29.81% of the stock is currently owned by company insiders.

TerraVest Industries Company Profile

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.