FY2027 EPS Estimates for TotalEnergies Reduced by Analyst

TotalEnergies SE Sponsored ADR (NYSE:TTEFree Report) – Equities researchers at Erste Group Bank lowered their FY2027 earnings estimates for TotalEnergies in a research note issued to investors on Tuesday, May 12th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $9.79 per share for the year, down from their previous forecast of $9.85. The consensus estimate for TotalEnergies’ current full-year earnings is $10.59 per share.

TotalEnergies (NYSE:TTEGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. The business had revenue of $49.52 billion during the quarter, compared to analyst estimates of $44.58 billion.

A number of other equities research analysts also recently weighed in on TTE. JPMorgan Chase & Co. upgraded TotalEnergies from a “neutral” rating to an “overweight” rating in a research report on Monday, March 2nd. Citigroup reiterated a “buy” rating on shares of TotalEnergies in a research report on Thursday, February 12th. Wall Street Zen raised TotalEnergies from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. TD Cowen restated a “buy” rating on shares of TotalEnergies in a research report on Monday, April 20th. Finally, Weiss Ratings raised shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $84.33.

Get Our Latest Analysis on TTE

TotalEnergies Stock Up 1.3%

Shares of TTE opened at $93.46 on Tuesday. The firm has a market capitalization of $224.09 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 3.28 and a beta of 0.14. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.08. The business’s fifty day moving average price is $88.99 and its two-hundred day moving average price is $75.65. TotalEnergies has a 52 week low of $57.26 and a 52 week high of $94.17.

Institutional Investors Weigh In On TotalEnergies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC boosted its holdings in TotalEnergies by 25.2% during the first quarter. Janus Henderson Group PLC now owns 11,349,122 shares of the company’s stock worth $1,055,775,000 after buying an additional 2,287,500 shares during the last quarter. Centaurus Financial Inc. bought a new stake in shares of TotalEnergies in the 1st quarter valued at about $188,000. Strategic Investment Advisors MI bought a new stake in shares of TotalEnergies in the 1st quarter valued at about $1,973,000. IFS Group LLC acquired a new stake in shares of TotalEnergies in the 1st quarter valued at approximately $474,000. Finally, Opal Capital LLC raised its position in shares of TotalEnergies by 70.9% in the 1st quarter. Opal Capital LLC now owns 55,539 shares of the company’s stock valued at $5,053,000 after acquiring an additional 23,047 shares during the period. Institutional investors own 16.53% of the company’s stock.

About TotalEnergies

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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.

Further Reading

Earnings History and Estimates for TotalEnergies (NYSE:TTE)

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