Pierre Fournier Buys 150 Shares of TerraVest Industries Inc. (TSE:TVK) Stock

TerraVest Industries Inc. (TSE:TVK - Get Free Report) insider Pierre Fournier acquired 150 shares of the business's stock in a transaction dated Monday, October 14th. The stock was acquired at an average price of C$95.30 per share, for a total transaction of C$14,295.00.

TerraVest Industries Stock Down 0.5 %

Shares of TSE:TVK opened at C$99.94 on Tuesday. The stock has a fifty day simple moving average of C$96.16 and a two-hundred day simple moving average of C$81.97. The stock has a market capitalization of C$1.95 billion, a price-to-earnings ratio of 28.97 and a beta of 0.66. TerraVest Industries Inc. has a 12-month low of C$30.45 and a 12-month high of C$104.39. 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 announced its quarterly earnings data on Wednesday, August 14th. The company reported C$0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.82 by C($0.21). The company had revenue of C$238.13 million for the quarter, compared to analysts' expectations of C$223.20 million. TerraVest Industries had a net margin of 7.60% and a return on equity of 24.63%. On average, research analysts anticipate that TerraVest Industries Inc. will post 4.4510412 earnings per share for the current fiscal year.

TerraVest Industries Dividend Announcement


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The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Monday, September 30th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date was Monday, September 30th. TerraVest Industries's payout ratio is 17.39%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TVK. National Bank Financial upgraded TerraVest Industries to a "strong-buy" rating in a research report on Sunday, July 14th. National Bankshares lifted their price target on TerraVest Industries from C$89.00 to C$104.00 in a research report on Thursday, August 15th. Finally, Desjardins set a C$95.00 price target on TerraVest Industries and gave the company a "buy" rating in a research report on Thursday, July 4th.

Get Our Latest Analysis on TerraVest Industries

About TerraVest Industries

(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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