What is Scotiabank’s Forecast for TSE:TVK FY2026 Earnings?

TerraVest Industries Inc. (TSE:TVK) – Scotiabank boosted their FY2026 earnings per share estimates for TerraVest Industries in a report released on Thursday, February 19th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $3.89 for the year, up from their previous estimate of $2.06. Scotiabank has a “Outperform” rating and a $187.00 price objective 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 $7.69 EPS.

TerraVest Industries (TSE:TVK) last released its quarterly earnings results on Wednesday, February 11th. The company reported C$1.50 earnings per share 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%.

Other equities analysts have also recently issued reports about the stock. BMO Capital Markets upgraded shares of TerraVest Industries from a “hold” rating to an “outperform” rating and upped their price target for the company from C$150.00 to C$200.00 in a research report on Friday, December 12th. Canaccord Genuity Group boosted their price objective on shares of TerraVest Industries from C$195.00 to C$209.00 in a research note on Monday, January 12th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$188.50.

TerraVest Industries Stock Up 1.4%

Shares of TSE TVK opened at C$158.90 on Monday. The company has a 50 day simple moving average of C$155.78 and a 200 day simple moving average of C$143.26. The company has a debt-to-equity ratio of 82.38, a current ratio of 2.44 and a quick ratio of 0.91. TerraVest Industries has a 1 year low of C$100.31 and a 1 year high of C$176.64. The firm has a market cap of C$3.45 billion, a PE ratio of 37.74 and a beta of 0.57.

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. 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.