TSE:TVK FY2025 EPS Reduced by National Bank Financial

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) - Equities research analysts at National Bank Financial dropped their FY2025 earnings estimates for shares of TerraVest Industries in a report issued on Monday, August 4th. National Bank Financial analyst Z. Evershed now expects that the company will post earnings per share of $5.68 for the year, down from their prior estimate 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.

TVK has been the subject of a number of other reports. National Bankshares dropped their target price on shares of TerraVest Industries from C$205.00 to C$200.00 and set an "outperform" rating for the company in a research note on Tuesday, August 5th. Scotiabank lifted their price target on shares of TerraVest Industries from C$171.00 to C$176.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Desjardins upgraded shares of TerraVest Industries to a "moderate buy" rating and lifted their price target for the stock from C$172.00 to C$175.00 in a research report on Thursday, May 22nd. Canaccord Genuity Group lifted their price target on shares of TerraVest Industries from C$170.00 to C$200.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. Finally, BMO Capital Markets upgraded shares of TerraVest Industries to a "hold" rating in a research report on Tuesday, May 27th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of C$187.75.

TerraVest Industries Price Performance

Shares of TSE TVK traded down C$0.16 during trading on Wednesday, reaching C$158.30. The company had a trading volume of 62,679 shares, compared to its average volume of 89,323. TerraVest Industries has a 52 week low of C$75.44 and a 52 week high of C$176.64. The stock has a market cap of C$3.11 billion, a PE ratio of 46.70 and a beta of 0.66. The company has a debt-to-equity ratio of 82.38, a quick ratio of 0.91 and a current ratio of 2.44. The business's 50 day moving average price is C$167.22 and its 200-day moving average price is C$148.09.

Insider Activity at TerraVest Industries

In related news, Director Charles Pellerin sold 26,000 shares of the business's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of C$171.03, for a total transaction of C$4,446,780.00. Also, Director Pierre Fournier sold 2,000 shares of the business's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of C$165.75, for a total transaction of C$331,504.00. Over 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 Announces Dividend

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

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.