TotalEnergies SE (NYSE: TTE) is 21.84% higher on its value in year-to-date trading and has touched a low of $44.61 and a high of $61.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TTE stock was last observed hovering at around $60.07 in the last trading session, with the day’s gains setting it 0.19% off its average median price target of $65.71 for the next 12 months. It is also 34.17% off the consensus price target high of $91.54 offered by 28 analysts, but current levels are -14.58% lower than the price target low of $52.59 for the same period.
Currently trading at $60.26, the stock is 5.33% and 14.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 0.32% at the moment leaves the stock 14.85% off its SMA200. TTE registered 24.15% gain for a year compared to 6-month loss of 3.40%.
The stock witnessed a 14.19% gain in the last 1 month and extending the period to 3 months gives it a 11.63%, and is 0.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.99% over the week and 1.82% over the month.
TotalEnergies SE (TTE) has around 101309 employees, a market worth around $158.10B and $254.66B in sales. Current P/E ratio is 6.91 and Fwd P/E is 4.96. Profit margin for the company is 9.00%. Distance from 52-week low is 35.08% and -1.46% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
TotalEnergies SE (TTE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for TotalEnergies SE (TTE) is a “Overweight”. 28 analysts offering their recommendations for the stock have an average rating of 2.10, where 10 rate it as a Hold and 4 think it is a “Overweight”. 14 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
TotalEnergies SE is expected to release its quarterly report on 02/08/2023.The EPS is expected to grow by 303.90% this year
TotalEnergies SE (TTE) Top Institutional Holders
The shares outstanding are 2.62B, and float is at 2.49B with Short Float at 0.14%.
TotalEnergies SE (TTE): Who are the competitors?
The company’s main competitors (and peers) include Hess Corporation (HES) that is trading 77.62% up over the past 12 months and Exxon Mobil Corporation (XOM) that is 79.96% higher over the same period. Marathon Oil Corporation (MRO) is 85.65% up on the 1-year trading charts.