As of Wednesday close, TotalEnergies SE’s (NYSE:TTE) stock was down -$0.05, moving down -0.08 percent to $63.16. The average number of shares traded per day over the past five days has been 1,099,200 shares. 5 times new highs have been achieved over the past 5 days, with a $1.03 gain in that time frame. In the last twenty days, the average volume was 1,230,150, while in the previous 50 days, it was 1,259,104.
Since last month, TTE stock rose 4.66%. Shares of the company fell to $57.97 on 08/02/23, the lowest level in the past month. A 52-week high of $65.05 was reached on 01/18/23 after having rallying from a 52-week low of $43.84. Since the beginning of this year, TTE’s stock price has risen by 1.74% or $1.08, and marked a new high 6 times. However, the stock has declined by -2.91% since its 52-week high.
TTE stock investors should be aware that TotalEnergies SE (TTE) stock had its last reported insider trading activity 153 days ago on Mar 31. TotalEnergies SE, the Director of the company, purchased of 71,980 shares for $31.15 on Mar 31. It resulted in a $2,242,350 investment by the insider.
Valuation Metrics
Right now, TotalEnergies SE (TTE) has a P/E ratio of about 8.23. The stock’s beta is 0.81. Besides these, the trailing price-to-sales (P/S) ratio of 0.66, the price-to-book (PB) ratio of 1.35, and the price-to-cash flow ratio of 6.97 may also be considered.
The latest dividend of $0.8058 per share was paid out, which is 37.74% more than last year’s $0.5850. On Friday February 11 2022, a $0.2208 dividend increase was announced.
Financial Health
In the three months ended June 29, TotalEnergies SE’s quick ratio stood at 1.00, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.36, and the total debt-to-equity ratio was 0.49. On the profitability front, the trailing twelve-month gross margin is 35.00% percent. In the year ended June 29, EBITDA margin amounted to 23.84%, whereas operating margins totaled 16.30%. Based on annual data, TTE earned $93.86 billion in gross profit and brought in $263.31 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.40%. Return on equity (ROE) for the past 12 months was 16.80%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TTE’s revenue rose 31.66% during the quarter, while net income inched up to $241.34 billion. While analysts expected TotalEnergies SE to report $2.22 quarterly earnings, the actual figure was $1.99 per share, beating the consensus estimate by -10.40%. During the quarter, the company generated $9.54 billion in EBITDA. The liabilities of TotalEnergies SE were 164.57 billion at the end of its most recent quarter ended June 29, and its total debt was $56.41 billion.
Technical Picture
This quick technical analysis looks at TotalEnergies SE’s (TTE) price momentum. With a historical volatility rate of 11.29%, the RSI 9-day stood at 64.58% on 30 August.
With respect to its five-day moving average, the current TotalEnergies SE price is up by +1.66% percent or $1.03. At present, TTE shares trade +8.34% above its 20-day simple moving average and +0.57% percent above its 100-day simple moving average. However, the stock is currently trading approximately +10.27% above its SMA50 and +10.50% above its SMA200.
Stochastic coefficient K was 67.28% and Stochastic coefficient D was 60.30%, while ATR was 0.97. Given the Stochastic reading of 78.78% for the 14-day period, the RSI (14) reading has been calculated as 61.67%. As of today, the MACD Oscillator reading stands at 0.52, while the 14-day reading stands at 0.86.
Analyst Ratings
TotalEnergies SE (TTE) has been rated Overweight by analysts. According to 1 brokerage firm, TTE is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate TotalEnergies SE stock as buy, with 13 recommending it as overweight.
With a median target price of $71.17, the current consensus forecast for the stock is $50.76 – $82.35. Based on these forecasts, analysts predict TotalEnergies SE (TTE) will achieve an average price target of $70.65.
