TerraVest Industries Inc. (TSE:TVK) Insider Sells C$1,789,078.00 in Stock

TerraVest Industries Inc. (TSE:TVK - Get Free Report) insider Charles Pellerin sold 17,800 shares of the business's stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of C$100.51, for a total value of C$1,789,078.00.

Charles Pellerin also recently made the following trade(s):

  • On Friday, September 20th, Charles Pellerin sold 1,600 shares of TerraVest Industries stock. The stock was sold at an average price of C$100.26, for a total value of C$160,416.00.
  • On Wednesday, September 18th, Charles Pellerin sold 5,300 shares of TerraVest Industries stock. The shares were sold at an average price of C$100.00, for a total transaction of C$530,000.00.

TerraVest Industries Trading Up 1.3 %

TVK opened at C$98.25 on Friday. TerraVest Industries Inc. has a 1-year low of C$30.45 and a 1-year high of C$101.73. The firm has a 50-day moving average price of C$91.39 and a two-hundred day moving average price of C$78.72. The stock has a market capitalization of C$1.92 billion, a PE ratio of 28.48 and a beta of 0.66. The company has a current ratio of 2.32, a quick ratio of 0.91 and a debt-to-equity ratio of 71.72.

TerraVest Industries (TSE:TVK - Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C$0.61 earnings per share for the quarter, missing analysts' consensus estimates of C$0.82 by C($0.21). The company had revenue of C$238.13 million during the quarter, compared to analyst estimates of C$223.20 million. TerraVest Industries had a net margin of 7.60% and a return on equity of 24.63%. As a group, equities analysts anticipate that TerraVest Industries Inc. will post 4.4497283 earnings per share for the current fiscal year.

TerraVest Industries Dividend Announcement


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The company also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Monday, September 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.61%. The ex-dividend date is Monday, September 30th. TerraVest Industries's dividend payout ratio is 17.39%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TVK shares. Desjardins set a C$95.00 price target on shares of TerraVest Industries and gave the company a "buy" rating in a report on Thursday, July 4th. National Bankshares lifted their target price on shares of TerraVest Industries from C$89.00 to C$104.00 in a research note on Thursday, August 15th. Canaccord Genuity Group set a C$91.00 target price on TerraVest Industries and gave the stock a "buy" rating in a report on Monday, June 10th. Finally, National Bank Financial raised TerraVest Industries to a "strong-buy" rating in a report on Sunday, July 14th.

View Our Latest Research Report on TerraVest Industries

TerraVest Industries Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for TerraVest Industries (TSE:TVK)

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