Analysts Expect Total Se (NYSE:TOT) to Announce $0.88 EPS


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Equities research analysts predict that Total Se (NYSE:TOT) will report earnings of $0.88 per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Total’s earnings, with the highest EPS estimate coming in at $1.03 and the lowest estimate coming in at $0.80. Total reported earnings of $0.66 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 33.3%. The business is expected to announce its next earnings results on Tuesday, May 4th.

According to Zacks, analysts expect that Total will report full-year earnings of $4.09 per share for the current year, with EPS estimates ranging from $3.67 to $4.60. For the next financial year, analysts expect that the business will report earnings of $4.55 per share, with EPS estimates ranging from $3.88 to $5.21. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Total.

Total (NYSE:TOT) last released its quarterly earnings results on Tuesday, February 9th. The oil and gas exploration company reported $0.46 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.46. Total had a positive return on equity of 5.36% and a negative net margin of 3.64%. The business had revenue of $37.94 billion for the quarter.

A number of brokerages have recently issued reports on TOT. Mizuho began coverage on Total in a research note on Tuesday, January 12th. They set a “neutral” rating and a $49.00 price objective on the stock. Jefferies Financial Group initiated coverage on Total in a research report on Thursday, January 21st. They set a “buy” rating on the stock. Piper Sandler boosted their price objective on shares of Total from $54.00 to $60.00 and gave the stock an “overweight” rating in a report on Thursday, April 1st. Canaccord Genuity raised shares of Total to a “buy” rating in a report on Thursday, January 7th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Total in a report on Wednesday, February 10th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $46.14.

Shares of NYSE:TOT traded up $0.55 on Wednesday, reaching $45.91. 47,164 shares of the company traded hands, compared to its average volume of 2,429,855. The business’s 50-day simple moving average is $47.22 and its 200 day simple moving average is $42.23. Total has a 52 week low of $28.65 and a 52 week high of $50.41. The stock has a market capitalization of $121.80 billion, a P/E ratio of -20.15, a price-to-earnings-growth ratio of 3.60 and a beta of 0.95. The company has a current ratio of 1.35, a quick ratio of 1.13 and a debt-to-equity ratio of 0.59.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 19th. Stockholders of record on Wednesday, March 24th will be given a dividend of $0.567 per share. This represents a $2.27 annualized dividend and a dividend yield of 4.94%. The ex-dividend date is Tuesday, March 23rd. Total’s dividend payout ratio is 50.91%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. LVW Advisors LLC grew its stake in Total by 74.9% in the 1st quarter. LVW Advisors LLC now owns 12,574 shares of the oil and gas exploration company’s stock worth $585,000 after acquiring an additional 5,386 shares in the last quarter. Wealth Advisors of Tampa Bay LLC boosted its stake in Total by 7.0% in the first quarter. Wealth Advisors of Tampa Bay LLC now owns 73,381 shares of the oil and gas exploration company’s stock valued at $3,415,000 after acquiring an additional 4,801 shares in the last quarter. Lantz Financial LLC acquired a new stake in Total in the first quarter valued at approximately $216,000. Cardinal Capital Management boosted its stake in Total by 1.1% in the first quarter. Cardinal Capital Management now owns 38,807 shares of the oil and gas exploration company’s stock valued at $1,806,000 after acquiring an additional 410 shares in the last quarter. Finally, Gilman Hill Asset Management LLC boosted its stake in Total by 7.2% in the first quarter. Gilman Hill Asset Management LLC now owns 50,170 shares of the oil and gas exploration company’s stock valued at $2,335,000 after acquiring an additional 3,350 shares in the last quarter. Hedge funds and other institutional investors own 5.35% of the company’s stock.

Total Company Profile

TOTAL SE operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Integrated Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in oil and natural gas exploration and production activities in approximately 50 countries.

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Earnings History and Estimates for Total (NYSE:TOT)

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