Total SA (NYSE:TOT) Expected to Announce Earnings of $1.25 Per Share

Analysts expect that Total SA (NYSE:TOT) will post $1.25 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Total’s earnings. Total reported earnings per share of $1.47 during the same quarter last year, which suggests a negative year over year growth rate of 15%. The company is scheduled to issue its next earnings results on Friday, October 25th.

On average, analysts expect that Total will report full year earnings of $4.94 per share for the current financial year, with EPS estimates ranging from $4.70 to $5.24. For the next financial year, analysts expect that the business will report earnings of $5.85 per share, with EPS estimates ranging from $5.14 to $6.81. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Total.

Total (NYSE:TOT) last announced its earnings results on Thursday, July 25th. The oil and gas exploration company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.18). Total had a net margin of 5.23% and a return on equity of 10.68%. The business had revenue of $51.24 billion for the quarter.

A number of research analysts recently weighed in on the company. Goldman Sachs Group reaffirmed a “buy” rating and set a $70.00 price target on shares of Total in a research note on Monday, July 15th. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research note on Wednesday, May 22nd. Credit Suisse Group reaffirmed a “buy” rating and set a $58.00 price target on shares of Total in a research note on Monday, July 15th. ValuEngine downgraded Total from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Finally, Morgan Stanley downgraded Total from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and fifteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $53.08.

TOT stock traded down $0.21 during trading on Friday, reaching $48.76. 1,306,500 shares of the stock were exchanged, compared to its average volume of 1,644,495. The business’s 50 day simple moving average is $54.29. Total has a twelve month low of $47.91 and a twelve month high of $65.69. The company has a current ratio of 1.25, a quick ratio of 1.00 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $122.15 billion, a price-to-earnings ratio of 9.66, a P/E/G ratio of 1.25 and a beta of 0.67.

Institutional investors have recently modified their holdings of the company. First Republic Investment Management Inc. increased its position in shares of Total by 2.7% during the second quarter. First Republic Investment Management Inc. now owns 81,913 shares of the oil and gas exploration company’s stock valued at $4,570,000 after acquiring an additional 2,149 shares during the last quarter. 9258 Wealth Management LLC increased its position in shares of Total by 27.6% during the second quarter. 9258 Wealth Management LLC now owns 5,067 shares of the oil and gas exploration company’s stock valued at $283,000 after acquiring an additional 1,095 shares during the last quarter. Sound View Wealth Advisors Group LLC purchased a new stake in shares of Total during the second quarter valued at approximately $262,000. Motco increased its position in shares of Total by 170.4% during the second quarter. Motco now owns 538 shares of the oil and gas exploration company’s stock valued at $30,000 after acquiring an additional 339 shares during the last quarter. Finally, Jennison Associates LLC purchased a new stake in shares of Total during the second quarter valued at approximately $14,568,000. 6.46% of the stock is owned by hedge funds and other institutional investors.

Total Company Profile

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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Earnings History and Estimates for Total (NYSE:TOT)

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