Tervita Co. (TSE:TEV) has earned a consensus recommendation of “Buy” from the ten analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is C$5.25.
A number of equities research analysts recently weighed in on the stock. BMO Capital Markets lowered their price objective on shares of Tervita from C$5.00 to C$4.50 in a research report on Friday, December 18th. Canaccord Genuity upped their target price on shares of Tervita from C$3.00 to C$4.50 in a research report on Thursday, January 7th. ATB Capital cut shares of Tervita from an “outperform” rating to a “tender” rating and upped their target price for the stock from C$6.50 to C$7.00 in a research report on Wednesday, March 10th. CIBC upped their target price on shares of Tervita from C$4.00 to C$4.50 in a research report on Monday, March 8th. Finally, National Bank Financial upgraded shares of Tervita from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$4.50 to C$7.00 in a research report on Wednesday, March 10th.
Shares of Tervita stock traded up C$0.20 during trading on Wednesday, reaching C$4.80. The company had a trading volume of 72,945 shares, compared to its average volume of 122,554. The company has a debt-to-equity ratio of 450.55, a quick ratio of 0.94 and a current ratio of 1.07. Tervita has a fifty-two week low of C$1.69 and a fifty-two week high of C$5.79. The firm’s fifty day moving average is C$4.44 and its 200-day moving average is C$3.05. The company has a market cap of C$555.14 million and a price-to-earnings ratio of -12.62.
Tervita (TSE:TEV) last announced its quarterly earnings data on Thursday, March 4th. The company reported C($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of C($1.06) by C$0.87. The business had revenue of C$381.00 million for the quarter. On average, research analysts anticipate that Tervita will post 0.19 EPS for the current fiscal year.
Tervita Corporation operates as an environmentally focused waste service provider in Canada and the United States. It operates through two segments, Energy Services and Industrial Services. The Energy Services segment treats, recovers, and disposes fluids; provides oil terminalling and energy marketing services; processes and disposes solid materials; disposes oilfield-generated waste; offers onsite services using centrifugation or other processes for heavy oil producers involved in mining and in situ production; and purchases and sells oil volumes with treatment, recovery, terminalling, and disposal services.
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