Equities Analysts Issue Forecasts for TerraVest Industries Inc.’s Q4 2024 Earnings (TSE:TVK)

TerraVest Industries Inc. (TSE:TVK) – Analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for TerraVest Industries in a research report issued on Wednesday, August 14th. National Bank Financial analyst Z. Evershed forecasts that the company will post earnings per share of $0.58 for the quarter. 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.

A number of other brokerages have also commented on TVK. National Bankshares lifted their price target on TerraVest Industries from C$89.00 to C$104.00 in a report on Thursday, August 15th. Desjardins set a C$95.00 price target on TerraVest Industries and gave the stock a “buy” rating in a report on Thursday, July 4th. Finally, Canaccord Genuity Group set a C$91.00 price target on TerraVest Industries and gave the stock a “buy” rating in a report on Monday, June 10th.

TerraVest Industries Stock Up 0.4 %

TVK stock opened at C$91.62 on Monday. TerraVest Industries has a twelve month low of C$30.45 and a twelve month high of C$96.84. The company has a quick ratio of 0.91, a current ratio of 2.32 and a debt-to-equity ratio of 71.72. The stock’s 50 day moving average is C$76.13 and its 200-day moving average is C$69.35. The firm has a market capitalization of C$1.79 billion, a PE ratio of 26.05 and a beta of 0.67.

Insiders Place Their Bets

In other TerraVest Industries news, insider Pierre Fournier sold 500 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of C$75.23, for a total value of C$37,615.00. In other TerraVest Industries news, insider Pierre Fournier sold 500 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of C$75.23, for a total value of C$37,615.00. Also, Director Dale Laniuk sold 85,000 shares of the firm’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of C$74.25, for a total value of C$6,311,250.00. Following the completion of the sale, the director now directly owns 553 shares of the company’s stock, valued at C$41,060.25. Insiders sold 100,800 shares of company stock valued at $7,507,738 over the last ninety days. 29.70% of the stock is currently owned by insiders.

TerraVest Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Monday, September 30th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Monday, September 30th. TerraVest Industries’s dividend payout ratio is currently 17.39%.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.