TotalEnergies (TTE) Scheduled to Post Earnings on Thursday

TotalEnergies (NYSE:TTE) is scheduled to be releasing its earnings data before the market opens on Thursday, October 31st. Analysts expect TotalEnergies to post earnings of $1.96 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

TotalEnergies Stock Performance

TTE stock opened at $64.01 on Wednesday. The company has a market cap of $151.14 billion, a P/E ratio of 7.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.63. TotalEnergies has a 1 year low of $62.59 and a 1 year high of $74.97. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.11 and a quick ratio of 0.87. The stock’s fifty day moving average price is $67.23 and its 200-day moving average price is $68.83.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group upgraded TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. Wolfe Research assumed coverage on TotalEnergies in a research note on Thursday, July 18th. They issued an “outperform” rating and a $87.00 price target on the stock. Scotiabank dropped their price target on TotalEnergies from $80.00 to $75.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 10th. TD Cowen cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, September 30th. Finally, UBS Group raised TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 9th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $78.75.

TotalEnergies Company Profile

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.