TotalEnergies SE (NYSE:TTE) Receives Average Recommendation of "Moderate Buy" from Analysts

TotalEnergies SE (NYSE:TTE - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twelve ratings firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $69.42.

Several research firms have issued reports on TTE. BNP Paribas raised shares of TotalEnergies from a "neutral" rating to an "outperform" rating in a report on Tuesday, April 15th. Redburn Atlantic upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 23rd. Morgan Stanley reissued an "equal weight" rating and set a $64.10 target price (down previously from $70.40) on shares of TotalEnergies in a report on Tuesday, January 7th. Citigroup upgraded TotalEnergies from a "neutral" rating to a "buy" rating in a research report on Wednesday, March 26th. Finally, Scotiabank dropped their target price on shares of TotalEnergies from $65.00 to $60.00 and set a "sector perform" rating for the company in a report on Friday, April 11th.

Institutional Investors Weigh In On TotalEnergies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Management Professionals Inc. grew its stake in shares of TotalEnergies by 65.8% in the 1st quarter. Financial Management Professionals Inc. now owns 484 shares of the company's stock valued at $31,000 after buying an additional 192 shares during the period. Inlight Wealth Management LLC acquired a new position in TotalEnergies in the first quarter valued at approximately $32,000. Asset Planning Inc purchased a new position in TotalEnergies in the fourth quarter worth approximately $31,000. Bernard Wealth Management Corp. acquired a new stake in TotalEnergies during the fourth quarter worth $32,000. Finally, HHM Wealth Advisors LLC raised its position in TotalEnergies by 156.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 656 shares of the company's stock valued at $36,000 after purchasing an additional 400 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Price Performance

Shares of TotalEnergies stock traded up $0.77 on Tuesday, hitting $60.05. The company's stock had a trading volume of 1,313,301 shares, compared to its average volume of 1,569,960. The company has a market capitalization of $143.97 billion, a price-to-earnings ratio of 9.02, a price-to-earnings-growth ratio of 0.98 and a beta of 0.45. TotalEnergies has a 1 year low of $52.78 and a 1 year high of $74.66. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.10. The firm has a fifty day moving average price of $60.39 and a 200-day moving average price of $59.67.

TotalEnergies (NYSE:TTE - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.74 by $0.16. TotalEnergies had a return on equity of 15.22% and a net margin of 7.34%. As a group, sell-side analysts anticipate that TotalEnergies will post 8.02 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.