Zacks: Analysts Expect TotalFinaElf, S.A. (TOT) to Post $0.99 Earnings Per Share
Brokerages predict that TotalFinaElf, S.A. (NYSE:TOT) will report earnings of $0.99 per share for the current quarter, according to Zacks. Zero analysts have made estimates for TotalFinaElf,’s earnings. TotalFinaElf, posted earnings of $0.84 per share during the same quarter last year, which would suggest a positive year over year growth rate of 17.9%. The firm is expected to announce its next earnings results before the market opens on Friday, October 27th.
According to Zacks, analysts expect that TotalFinaElf, will report full-year earnings of $4.06 per share for the current fiscal year, with EPS estimates ranging from $3.80 to $4.28. For the next fiscal year, analysts expect that the business will report earnings of $4.69 per share, with EPS estimates ranging from $4.10 to $5.03. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for TotalFinaElf,.
TotalFinaElf, (NYSE:TOT) last released its earnings results on Thursday, July 27th. The oil and gas exploration company reported $0.97 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.98 by ($0.01). TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%. The business had revenue of $39.92 billion for the quarter.
TOT has been the subject of several recent analyst reports. BidaskClub raised TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th. Societe Generale reissued a “buy” rating on shares of TotalFinaElf, in a research report on Wednesday, July 26th. Scotiabank set a $54.00 price objective on TotalFinaElf, and gave the company a “hold” rating in a research report on Tuesday, August 22nd. Barclays PLC cut TotalFinaElf, from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $50.30 to $57.00 in a research report on Monday, August 21st. Finally, Canaccord Genuity raised TotalFinaElf, from a “hold” rating to a “buy” rating in a research report on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $54.80.
TotalFinaElf, (NYSE:TOT) traded up 0.86% during trading on Friday, reaching $53.86. The company had a trading volume of 1,377,159 shares. TotalFinaElf, has a 12 month low of $45.05 and a 12 month high of $54.71. The stock has a 50 day moving average price of $51.65 and a 200 day moving average price of $51.00. The firm has a market capitalization of $134.16 billion, a price-to-earnings ratio of 18.57 and a beta of 0.74.
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Friday, September 22nd will be given a $0.7416 dividend. The ex-dividend date of this dividend is Thursday, September 21st. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.51%. This is a boost from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s payout ratio is currently 80.41%.
Several large investors have recently made changes to their positions in the business. Miles Capital Inc. lifted its position in shares of TotalFinaElf, by 0.3% in the second quarter. Miles Capital Inc. now owns 7,087 shares of the oil and gas exploration company’s stock worth $351,000 after buying an additional 20 shares during the last quarter. First Interstate Bank lifted its position in shares of TotalFinaElf, by 1.8% in the second quarter. First Interstate Bank now owns 2,810 shares of the oil and gas exploration company’s stock worth $139,000 after buying an additional 50 shares during the last quarter. HL Financial Services LLC lifted its position in shares of TotalFinaElf, by 0.7% in the first quarter. HL Financial Services LLC now owns 8,369 shares of the oil and gas exploration company’s stock worth $422,000 after buying an additional 60 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of TotalFinaElf, by 0.5% in the second quarter. Oppenheimer & Co. Inc. now owns 12,320 shares of the oil and gas exploration company’s stock worth $611,000 after buying an additional 62 shares during the last quarter. Finally, Shoker Investment Counsel Inc. lifted its position in shares of TotalFinaElf, by 0.4% in the second quarter. Shoker Investment Counsel Inc. now owns 16,324 shares of the oil and gas exploration company’s stock worth $809,000 after buying an additional 66 shares during the last quarter. 5.41% of the stock is owned by institutional investors.
TotalFinaElf, Company Profile
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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