TerraVest Industries (TVK) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: C$118.30 to C$122.05
• 50-Day Range: C$95.24 to C$122.94
• 52-Week Range: C$35.02 to C$125.72
• Volume: 42,354 shs
• Average Volume: 32,215 shs
• Market Capitalization: C$2.37 billion
• P/E Ratio: 35.20
• Dividend Yield: 0.49%
• Price Target: C$96.67
• Consensus Rating: Buy

TerraVest Industries Stock Analysis - MarketRank™

TerraVest Industries scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.6 / 5
• Analyst Rating: Buy

Consensus Rating

TerraVest Industries has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TerraVest Industries has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TerraVest Industries is 35.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of TerraVest Industries is 35.20, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 106.84.

Price to Book Value per Share Ratio

TerraVest Industries has a P/B Ratio of 6.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TVK.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

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%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TVK.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: N/A

News Sentiment

TerraVest Industries has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for TerraVest Industries this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for TVK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added TerraVest Industries to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, TerraVest Industries insiders have sold 39,911.54% more of their company's stock than they have bought. Specifically, they have bought C$28,882.00 in company stock and sold C$11,556,134.00 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.

TVK Stock Analysis - Frequently Asked Questions

How have TVK shares performed this year?

TerraVest Industries' stock was trading at C$44.25 at the beginning of the year. Since then, TVK shares have increased by 174.4% and is now trading at C$121.44.
View the best growth stocks for 2024 here.

How do I buy shares of TerraVest Industries?

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.
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What other stocks do shareholders of TerraVest Industries own?

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: 11/20/2024
• Next Earnings (Estimated): 12/11/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: N/A
• Current Symbol: TSE:TVK
• CUSIP: N/A
• CIK: N/A
• Web: www.terravestcapital.com
• Phone: 780-632-2040
• Fax: N/A
• Employees: 1,605
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$96.67
• High Stock Price Target: C$104.00
• Low Stock Price Target: C$91.00
• Potential Upside/Downside: -20.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.45
• Trailing P/E Ratio: 35.20
• Forward P/E Ratio: 27.28
• P/E Growth: N/A
• Net Income: C$64.96 million
• Net Margins: 7.60%
• Pretax Margin: N/A
• Return on Equity: 24.63%
• Return on Assets: 10.06%

Debt

• Debt-to-Equity Ratio: 71.72
• Current Ratio: 2.32
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: C$855.09 million
• Price / Sales: 2.77
• Cash Flow: C$3.55 per share
• Price / Cash Flow: 34.25
• Book Value: C$18.35 per share
• Price / Book: 6.62

Miscellaneous

• Outstanding Shares: 19,500,000
• Free Float: N/A
• Market Cap: C$2.37 billion
• Optionable: Not Optionable
• Beta: 0.66