TotalEnergies FY2027 EPS Forecast Raised by Erste Group Bank

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Equities research analysts at Erste Group Bank increased their FY2027 earnings per share estimates for shares of TotalEnergies in a report released on Thursday, April 2nd. Erste Group Bank analyst H. Engel now anticipates that the company will earn $7.99 per share for the year, up from their prior estimate of $7.88. The consensus estimate for TotalEnergies’ current full-year earnings is $8.02 per share.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.01. The business had revenue of $45.93 billion for the quarter, compared to the consensus estimate of $36.69 billion. TotalEnergies had a return on equity of 13.14% and a net margin of 6.52%.

TTE has been the subject of several other research reports. JPMorgan Chase & Co. upgraded TotalEnergies from a “neutral” rating to an “overweight” rating in a report on Monday, March 2nd. TD Cowen upgraded TotalEnergies from a “hold” rating to a “buy” rating and set a $97.00 price target for the company in a report on Wednesday, March 18th. Zacks Research upgraded TotalEnergies from a “hold” rating to a “strong-buy” rating in a report on Monday, March 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of TotalEnergies in a report on Wednesday, January 21st. Finally, Citigroup reiterated a “buy” rating on shares of TotalEnergies in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, TotalEnergies presently has a consensus rating of “Hold” and a consensus target price of $77.54.

TotalEnergies Stock Down 1.9%

Shares of NYSE:TTE opened at $89.62 on Wednesday. The business’s 50 day moving average is $81.69 and its 200 day moving average is $70.11. TotalEnergies has a 12-month low of $52.78 and a 12-month high of $93.29. The stock has a market cap of $214.88 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 4.19 and a beta of 0.13. The company has a quick ratio of 0.79, a current ratio of 0.97 and a debt-to-equity ratio of 0.42.

Institutional Trading of TotalEnergies

Institutional investors and hedge funds have recently modified their holdings of the business. First Horizon Corp purchased a new stake in shares of TotalEnergies during the third quarter valued at approximately $25,000. YANKCOM Partnership increased its position in shares of TotalEnergies by 146.8% during the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after acquiring an additional 232 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in shares of TotalEnergies during the third quarter valued at approximately $29,000. MH & Associates Securities Management Corp ADV purchased a new stake in shares of TotalEnergies during the fourth quarter valued at approximately $29,000. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of TotalEnergies during the fourth quarter valued at approximately $32,000. 16.53% of the stock is owned by hedge funds and other institutional investors.

TotalEnergies Company Profile

TotalEnergies SE (NYSE: TTE) is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.

In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.