Total SA (NYSE:TOT) – Analysts at Jefferies Financial Group reduced their Q4 2019 EPS estimates for Total in a note issued to investors on Wednesday, January 22nd. Jefferies Financial Group analyst J. Gammel now anticipates that the oil and gas exploration company will post earnings of $0.92 per share for the quarter, down from their previous estimate of $1.19. Jefferies Financial Group also issued estimates for Total’s Q1 2020 earnings at $1.17 EPS, Q2 2020 earnings at $1.11 EPS, Q3 2020 earnings at $1.21 EPS, Q4 2020 earnings at $1.20 EPS, FY2020 earnings at $4.69 EPS and FY2021 earnings at $4.80 EPS.
Total (NYSE:TOT) last issued its earnings results on Wednesday, October 30th. The oil and gas exploration company reported $1.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.14. Total had a return on equity of 9.96% and a net margin of 4.81%. The business had revenue of $48.59 billion during the quarter.
Several other analysts have also weighed in on the stock. Credit Suisse Group reiterated an “outperform” rating on shares of Total in a research note on Wednesday, January 15th. Berenberg Bank reiterated a “buy” rating on shares of Total in a research report on Sunday, January 19th. Finally, Piper Jaffray Companies began coverage on shares of Total in a research note on Tuesday, November 26th. They set a “buy” rating and a $68.00 target price on the stock. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $59.29.
Total stock opened at $50.81 on Monday. The stock has a market capitalization of $135.43 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 1.60 and a beta of 0.72. Total has a 52-week low of $47.70 and a 52-week high of $58.82. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 1.22. The stock’s 50 day moving average price is $54.29 and its two-hundred day moving average price is $52.51.
A number of large investors have recently made changes to their positions in the business. Fisher Asset Management LLC raised its position in shares of Total by 37.8% during the third quarter. Fisher Asset Management LLC now owns 19,504,169 shares of the oil and gas exploration company’s stock worth $1,014,217,000 after purchasing an additional 5,351,860 shares during the period. Boston Partners raised its holdings in Total by 842.2% during the third quarter. Boston Partners now owns 6,222,241 shares of the oil and gas exploration company’s stock worth $323,666,000 after buying an additional 5,561,821 shares during the last quarter. BlackRock Inc. raised its holdings in Total by 6.7% during the second quarter. BlackRock Inc. now owns 2,966,008 shares of the oil and gas exploration company’s stock worth $165,475,000 after buying an additional 186,569 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in Total by 9.8% during the third quarter. Eagle Asset Management Inc. now owns 1,621,809 shares of the oil and gas exploration company’s stock worth $84,334,000 after buying an additional 144,325 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Total by 0.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,029,904 shares of the oil and gas exploration company’s stock valued at $53,555,000 after buying an additional 8,547 shares in the last quarter. Institutional investors and hedge funds own 5.97% of the company’s stock.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, January 3rd will be issued a $0.606 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $2.42 annualized dividend and a yield of 4.77%. Total’s payout ratio is currently 47.92%.
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through four segments: Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services. The Exploration & Production segment is involved in exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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