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TSE:TVK

TerraVest Industries (TVK) Stock Price, News & Analysis

C$114.71 -2.53 (-2.16%)
(As of 12/20/2024 05:18 PM ET)

About TerraVest Industries Stock (TSE:TVK)

Key Stats

Today's Range
C$113.47
C$117.31
50-Day Range
C$99.53
C$126.08
52-Week Range
C$40.50
C$127.55
Volume
526,712 shs
Average Volume
36,310 shs
Market Capitalization
C$2.24 billion
P/E Ratio
33.25
Dividend Yield
0.52%
Price Target
C$104.67
Consensus Rating
Moderate Buy

Company Overview

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. The HVAC Equipment segment manufactures and distributes commercial and residential refined fuel tanks, furnaces, boilers, and air conditioning equipment and controls to fuel distributors, commercial and residential consumers. The Compressed Gas Equipment segment manufactures and sells engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, liquified natural gas, anhydrous ammonia, carbon dioxide, and various gases; and bulk storage vessels, transport trailers, delivery units, dispensers, commercial and residential storage tanks, and other custom vessels. This segment sells its products to gas distributors, fertilizer distributors, farmers, midstream energy companies, and transportation companies. The Processing Equipment segment manufactures and sells a range of equipment, such as wellhead processing equipment and tanks, desanding units, biogas production equipment, water treatment equipment, and various custom process equipment. This segment offers its products to oil and gas producers, midstream and engineering companies, utilities, and municipalities. The Service segment provides water management, environmental, heating, rentals, and well services. The company was formerly known as TerraVest Capital Inc. and changed its name to TerraVest Industries Inc. in February 2018. TerraVest Industries Inc. was founded in 2004 and is headquartered in Vegreville, Canada.

TerraVest Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
21st Percentile Overall Score

TVK MarketRank™: 

TerraVest Industries scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TerraVest Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    TerraVest Industries has only been the subject of 1 research reports in the past 90 days.

  • Read more about TerraVest Industries' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TerraVest Industries is 33.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TerraVest Industries is 33.25, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 95.81.

  • Price to Book Value per Share Ratio

    TerraVest Industries has a P/B Ratio of 6.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for TVK.
  • Dividend Yield

    TerraVest Industries has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    TerraVest Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TerraVest Industries is 17.39%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about TerraVest Industries' dividend.
  • Short Interest

    There is no current short interest data available for TVK.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for TerraVest Industries this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for TVK on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added TerraVest Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TerraVest Industries insiders have sold 30,596.34% more of their company's stock than they have bought. Specifically, they have bought C$28,882.00 in company stock and sold C$8,865,718.00 in company stock.

  • Percentage Held by Insiders

    29.81% of the stock of TerraVest Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 20.30% of the stock of TerraVest Industries is held by institutions.

  • Read more about TerraVest Industries' insider trading history.
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TVK Stock Analysis - Frequently Asked Questions

TerraVest Industries' stock was trading at C$44.25 on January 1st, 2024. Since then, TVK stock has increased by 159.2% and is now trading at C$114.71.
View the best growth stocks for 2024 here
.

Shares of TVK stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TerraVest Industries investors own include Arista Networks (ANET), NextEra Energy Partners (NEP), MercadoLibre (MELI), PayPal (PYPL), ASML (ASML), Enterprise Products Partners (EPD) and NVIDIA (NVDA).

Company Calendar

Ex-Dividend for 10/10 Dividend
9/30/2024
Dividend Payable
10/10/2024
Today
12/21/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Equipment & Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,605
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$104.67
High Stock Price Target
C$128.00
Low Stock Price Target
C$91.00
Potential Upside/Downside
-8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
C$64.96 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$855.09 million
Cash Flow
C$3.35 per share
Book Value
C$18.35 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.24 billion
Optionable
Not Optionable
Beta
0.66
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This page (TSE:TVK) was last updated on 12/21/2024 by MarketBeat.com Staff
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