TotalEnergies SE (NYSE:TTE) Given Consensus Recommendation of "Moderate Buy" by Brokerages

TotalEnergies SE (NYSE:TTE - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the six analysts that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $80.00.

Several research firms recently issued reports on TTE. Barclays raised shares of TotalEnergies to a "strong-buy" rating in a report on Wednesday. Wolfe Research assumed coverage on TotalEnergies in a research note on Thursday, July 18th. They issued an "outperform" rating and a $87.00 price target on the stock. TD Cowen cut TotalEnergies from a "strong-buy" rating to a "hold" rating in a research report on Monday. Finally, Scotiabank decreased their target price on shares of TotalEnergies from $86.00 to $80.00 and set a "sector perform" rating on the stock in a research report on Friday, July 12th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. boosted its position in TotalEnergies by 3.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,379 shares of the company's stock worth $301,000 after purchasing an additional 153 shares during the period. Hexagon Capital Partners LLC grew its holdings in TotalEnergies by 5.1% in the 2nd quarter. Hexagon Capital Partners LLC now owns 3,406 shares of the company's stock worth $227,000 after buying an additional 164 shares in the last quarter. Opal Wealth Advisors LLC increased its holdings in shares of TotalEnergies by 17.0% during the second quarter. Opal Wealth Advisors LLC now owns 1,285 shares of the company's stock valued at $86,000 after purchasing an additional 187 shares during the period. Delta Financial Group Inc. grew its position in TotalEnergies by 3.1% in the 1st quarter. Delta Financial Group Inc. now owns 6,250 shares of the company's stock valued at $430,000 after buying an additional 190 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its stake in shares of TotalEnergies by 5.6% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 3,662 shares of the company's stock valued at $244,000 after acquiring an additional 194 shares during the period. 13.22% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Stock Performance

TotalEnergies stock traded up $0.72 during mid-day trading on Friday, reaching $68.60. 1,968,437 shares of the company were exchanged, compared to its average volume of 1,456,779. The firm has a market cap of $161.99 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 1.78 and a beta of 0.63. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.87 and a current ratio of 1.11. The firm's 50-day simple moving average is $67.66 and its two-hundred day simple moving average is $69.38. TotalEnergies has a twelve month low of $62.28 and a twelve month high of $74.97.

TotalEnergies (NYSE:TTE - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The company reported $1.98 earnings per share for the quarter, missing analysts' consensus estimates of $2.11 by ($0.13). The firm had revenue of $53.74 billion during the quarter, compared to analysts' expectations of $60.45 billion. TotalEnergies had a net margin of 9.49% and a return on equity of 17.92%. During the same quarter last year, the business earned $1.99 earnings per share. Equities analysts predict that TotalEnergies will post 8.42 earnings per share for the current fiscal year.

TotalEnergies Company Profile

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.