Tervita Corp Forecasted to Post FY2019 Earnings of $0.51 Per Share (TEV)

Tervita Corp (TSE:TEV) – Research analysts at National Bank Financial reduced their FY2019 earnings per share estimates for shares of Tervita in a report issued on Thursday, November 15th. National Bank Financial analyst G. Colman now forecasts that the company will earn $0.51 per share for the year, down from their prior forecast of $0.61.

Other equities research analysts have also recently issued reports about the company. CIBC reduced their target price on Tervita from C$13.50 to C$12.50 in a report on Tuesday, October 16th. GMP Securities reaffirmed a “buy” rating and issued a C$12.50 target price on shares of Tervita in a report on Friday, September 28th.

Shares of Tervita stock opened at C$9.49 on Monday. Tervita has a 52 week low of C$6.34 and a 52 week high of C$10.50. The company has a current ratio of 2.14, a quick ratio of 1.96 and a debt-to-equity ratio of 144.99.

About Tervita

Tervita Corporation provides environmental solutions for oil and gas, mining, industry, community, and government customers in Canada and the United States. The company offers bioremediation services, caverns and oil field waste disposal, civil and environmental construction, commercial demolition and decommissioning, energy marketing, engineered landfill disposal, metals recycling, municipal and industrial water treatment, NORM management, oil and gas demolition and recovery, oil recovery, onsite produced and frac water treatment, onsite waste management, remediation and reclamation services, specialized waste containers, spill and emergency response, sulphur services, treatment recovery and disposal, waste classification and tracking services, waste transportation services, and water disposal wells.

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