Erste Group Bank Weighs in on TotalEnergies FY2027 Earnings

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Investment analysts at Erste Group Bank cut their FY2027 earnings estimates for shares of TotalEnergies in a research report issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $9.46 per share for the year, down from their prior forecast of $9.48. The consensus estimate for TotalEnergies’ current full-year earnings is $10.65 per share.

A number of other equities research analysts also recently weighed in on TTE. Zacks Research downgraded TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Mizuho assumed coverage on TotalEnergies in a research note on Monday, July 20th. They set an “outperform” rating and a $103.00 price objective on the stock. Weiss Ratings raised shares of TotalEnergies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Morgan Stanley reiterated an “overweight” rating on shares of TotalEnergies in a research note on Tuesday, May 12th. Finally, Piper Sandler reissued a “neutral” rating and set a $85.00 target price on shares of TotalEnergies in a report on Thursday, July 23rd. Eleven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $87.14.

TotalEnergies Stock Up 2.4%

Shares of TotalEnergies stock opened at $90.46 on Monday. The business has a 50-day moving average price of $83.95 and a 200 day moving average price of $85.70. TotalEnergies has a fifty-two week low of $57.39 and a fifty-two week high of $94.17. The firm has a market cap of $216.89 billion, a P/E ratio of 11.32, a P/E/G ratio of 3.12 and a beta of 0.13. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38.

TotalEnergies (NYSE:TTE) last announced its earnings results on Tuesday, June 30th. The company reported $2.68 earnings per share (EPS) for the quarter. The company had revenue of $57.10 billion for the quarter. TotalEnergies had a return on equity of 15.66% and a net margin of 8.29%.

Institutional Trading of TotalEnergies

Several hedge funds have recently made changes to their positions in the stock. Robinswood Financial LLC bought a new position in TotalEnergies during the 1st quarter worth $27,000. Pin Oak Investment Advisors Inc. acquired a new stake in TotalEnergies in the second quarter worth $30,000. Elyxium Wealth LLC bought a new stake in TotalEnergies in the fourth quarter valued at $33,000. SHP Wealth Management bought a new stake in TotalEnergies in the fourth quarter valued at $37,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of TotalEnergies during the fourth quarter valued at $38,000. Institutional investors own 16.53% of the company’s stock.

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.