TotalEnergies SE ADR (NYSE: TTE) is -11.87% lower on its value in year-to-date trading and has touched a low of $52.78 and a high of $70.50 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 $62.38 in the last trading session, with the day’s loss setting it -1.94%.
Currently trading at $60.44, the stock is -2.44% and -0.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.71 million and changing -3.11% at the moment leaves the stock 0.36% off its SMA200. TTE registered 10.90% gain for a year compared to 6-month gain of 4.01%. The firm has a 50-day simple moving average (SMA 50) of $60.9218 and a 200-day simple moving average (SMA200) of $60.2246.
The stock witnessed a 0.07% loss in the last 1 month and extending the period to 3 months gives it a 2.96%, and is -2.11% 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 1.25% over the week and 1.29% over the month.
TotalEnergies SE ADR (TTE) has around 102887 employees, a market worth around $134.89B and $191.63B in sales. Current P/E ratio is 10.07 and Fwd P/E is 8.10. Profit margin for the company is 7.25%. Distance from 52-week low is 14.51% and -14.27% from its 52-week high. The company has generated returns on investments over the last 12 months (8.46%).
The EPS is expected to shrink by -10.54% this year
926.0 institutions hold shares in TotalEnergies SE ADR (TTE), with institutional investors hold 7.41% of the company’s shares. The shares outstanding are 2.23B, and float is at 2.23B with Short Float at 0.25%. Institutions hold 7.41% of the Float.
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.
