Analysts expect Total SA (NYSE:TOT) to post earnings of $1.50 per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Total’s earnings. Total reported earnings of $1.04 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 44.2%. The business is scheduled to announce its next quarterly earnings results on Friday, October 26th.
According to Zacks, analysts expect that Total will report full-year earnings of $5.44 per share for the current financial year, with EPS estimates ranging from $5.10 to $5.80. For the next financial year, analysts expect that the firm will post earnings of $6.32 per share, with EPS estimates ranging from $5.66 to $7.23. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Total.
Total (NYSE:TOT) last issued its quarterly earnings data on Thursday, July 26th. The oil and gas exploration company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.19). The firm had revenue of $52.54 billion for the quarter. Total had a return on equity of 10.19% and a net margin of 5.25%.
TOT has been the subject of a number of analyst reports. Barclays reissued a “buy” rating on shares of Total in a report on Friday, September 14th. Berenberg Bank initiated coverage on Total in a report on Tuesday, September 11th. They issued a “buy” rating for the company. UBS Group raised Total from a “neutral” rating to a “buy” rating in a report on Friday, August 3rd. ValuEngine raised Total from a “hold” rating to a “buy” rating in a report on Tuesday, July 10th. Finally, Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a report on Thursday, June 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $50.86.
Institutional investors have recently added to or reduced their stakes in the stock. CIBC World Markets Inc. increased its stake in Total by 7.5% in the second quarter. CIBC World Markets Inc. now owns 197,517 shares of the oil and gas exploration company’s stock valued at $11,962,000 after purchasing an additional 13,729 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in Total in the second quarter valued at $1,782,000. Cox Capital Co LLC acquired a new position in Total in the second quarter valued at $1,328,000. Eagle Global Advisors LLC increased its stake in Total by 4.3% in the second quarter. Eagle Global Advisors LLC now owns 148,023 shares of the oil and gas exploration company’s stock valued at $8,964,000 after purchasing an additional 6,140 shares during the last quarter. Finally, Mission Wealth Management LP purchased a new stake in Total during the second quarter valued at about $359,000. Hedge funds and other institutional investors own 5.30% of the company’s stock.
Shares of NYSE TOT traded up $0.01 during trading on Friday, reaching $61.58. The company had a trading volume of 2,951,310 shares, compared to its average volume of 1,889,113. Total has a twelve month low of $53.37 and a twelve month high of $65.69. The stock has a market cap of $160.61 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 0.98 and a beta of 0.73. The company has a quick ratio of 1.04, a current ratio of 1.35 and a debt-to-equity ratio of 0.32.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 19th. Investors of record on Monday, September 24th will be paid a $0.7442 dividend. This is a positive change from Total’s previous quarterly dividend of $0.73. This represents a $2.98 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend is Friday, September 21st. Total’s dividend payout ratio is presently 72.33%.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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