TotalEnergies (NYSE:TTE - Get Free Report) will post its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect TotalEnergies to post earnings of $1.96 per share for the quarter.
TotalEnergies (NYSE:TTE - Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The company reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.13). The firm had revenue of $53.74 billion for the quarter, compared to the consensus estimate of $60.45 billion. TotalEnergies had a return on equity of 17.92% and a net margin of 9.49%. During the same period last year, the company posted $1.99 earnings per share. On average, analysts expect TotalEnergies to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Shares of NYSE TTE opened at $64.60 on Thursday. TotalEnergies has a twelve month low of $62.59 and a twelve month high of $74.97. The company has a market cap of $152.55 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 1.80 and a beta of 0.63. The business's 50 day moving average price is $67.62 and its two-hundred day moving average price is $69.13. The company has a quick ratio of 0.87, a current ratio of 1.11 and a debt-to-equity ratio of 0.35.
TTE has been the subject of several recent research reports. Barclays upgraded TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 2nd. TD Cowen downgraded shares of TotalEnergies from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 30th. The Goldman Sachs Group upgraded shares of TotalEnergies to a "hold" rating in a research report on Thursday, October 3rd. Wolfe Research began coverage on shares of TotalEnergies in a research note on Thursday, July 18th. They issued an "outperform" rating and a $87.00 price objective on the stock. Finally, UBS Group upgraded TotalEnergies to a "strong-buy" rating in a research note on Wednesday, October 9th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, TotalEnergies presently has a consensus rating of "Moderate Buy" and an average price target of $78.75.
Get Our Latest Report on TotalEnergies
TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.
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