TotalEnergies SE ADR (NYSE: TTE) is -11.46% lower on its value in year-to-date trading and has touched a low of $58.46 and a high of $74.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTE stock was last observed hovering at around $60.03 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $59.66, the stock is -3.27% and -7.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.42 million and changing -0.62% at the moment leaves the stock -12.05% off its SMA200. TTE registered -12.38% loss for a year compared to 6-month loss of -16.58%. The firm has a 50-day simple moving average (SMA 50) of $64.8112 and a 200-day simple moving average (SMA200) of $67.83135.
The stock witnessed a -8.06% gain in the last 1 month and extending the period to 3 months gives it a -15.28%, and is -1.96% down 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 1.06% over the week and 1.41% over the month.
TotalEnergies SE ADR (TTE) has around 102579 employees, a market worth around $136.06B and $203.26B in sales. Current P/E ratio is 8.33 and Fwd P/E is 7.18. Profit margin for the company is 8.30%. Distance from 52-week low is 2.05% and -20.42% from its 52-week high. The company has generated returns on investments over the last 12 months (10.42%).
with sales reaching $44.25B over the same period.The EPS is expected to shrink by -15.29% this year, but quarterly earnings will post -7.34% year-over-year. Quarterly sales are estimated to shrink -19.20% in year-over-year returns.
TotalEnergies SE ADR (TTE) Top Institutional Holders
The shares outstanding are 2.35B, and float is at 2.28B with Short Float at 0.18%.
The top institutional shareholder in the company is FISHER ASSET MANAGEMENT, LLC with over 22.67 million shares valued at $1.51 billion. The investor’s holdings represent 0.9591% of the TTE Shares outstanding. As of 2024-06-30, the second largest holder is ARISTOTLE CAPITAL MANAGEMENT, LLC with 13.64 million shares valued at $909.31 million to account for 0.5768 of the shares outstanding. The other top investors are FMR LLC which holds 12.12 million shares representing 0.5127% and valued at over $808.24 million, while WELLINGTON MANAGEMENT GROUP LLP holds 0.3526 of the shares totaling 8.34 million with a market value of $555.83 million.
TotalEnergies SE ADR (TTE) Insider Activity
The most recent transaction is an insider purchase by TotalEnergies SE , the company’s Director. SEC filings show that TotalEnergies SE bought 196,964 shares of the company’s common stock on Mar 28 ’24 at a price of $22.86 per share for a total of $4.5 million. Following the purchase, the insider now owns 0.3 million shares.
