Scotiabank Has Optimistic View of TSE:TVK FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS forecast for TerraVest Industries to C$4.61 from C$3.63, above the C$4.45 consensus estimate, while maintaining a “Hold” rating. Its FY2027 estimate is C$7.36 per share.
• Analyst sentiment is generally positive, with three “Buy” ratings and two “Hold” ratings. The stock has an average rating of “Moderate Buy” and an average price target of C$162, despite varied target-price revisions.
• TerraVest reported quarterly EPS of C$1.40 on revenue of C$921.79 million. Shares opened at C$121.74, with a market capitalization of C$2.61 billion and a 52-week range of C$95.00 to C$175.20.

TerraVest Industries Inc. (TSE:TVK - Free Report) - Scotiabank upped their FY2026 earnings estimates for TerraVest Industries in a note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now forecasts that the company will earn $4.61 per share for the year, up from their prior estimate of $3.63. Scotiabank currently has a "Hold" rating 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 $7.36 EPS.

A number of other brokerages have also commented on TVK. National Bank Financial raised their target price on shares of TerraVest Industries from C$170.00 to C$180.00 in a research report on Friday, August 14th. BMO Capital Markets boosted their price target on TerraVest Industries from C$160.00 to C$170.00 in a report on Friday, August 14th. Canaccord Genuity Group dropped their price objective on TerraVest Industries from C$190.00 to C$140.00 and set a "buy" rating on the stock in a research note on Tuesday, June 9th. Finally, Canadian Imperial Bank of Commerce raised their price objective on TerraVest Industries from C$130.00 to C$148.00 in a report on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, TerraVest Industries currently has an average rating of "Moderate Buy" and an average target price of C$162.00.

TerraVest Industries Price Performance

TerraVest Industries stock opened at C$121.74 on Monday. The company has a debt-to-equity ratio of 151.79, a current ratio of 1.54 and a quick ratio of 0.91. The stock has a market cap of C$2.61 billion, a price-to-earnings ratio of 29.33 and a beta of 0.86. The firm has a 50-day moving average of C$118.92 and a two-hundred day moving average of C$131.67. TerraVest Industries has a 1 year low of C$95.00 and a 1 year high of C$175.20.

TerraVest Industries (TSE:TVK - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$1.40 EPS for the quarter. TerraVest Industries had a net margin of 5.35% and a return on equity of 12.40%. The company had revenue of C$921.79 million for the quarter.

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.

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