TotalFinaElf, S.A. (TOT) Expected to Post Earnings of $1.09 Per Share
Wall Street brokerages expect TotalFinaElf, S.A. (NYSE:TOT) to post $1.09 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for TotalFinaElf,’s earnings, with the lowest EPS estimate coming in at $1.08 and the highest estimate coming in at $1.10. TotalFinaElf, posted earnings per share of $0.84 in the same quarter last year, which would suggest a positive year-over-year growth rate of 29.8%. The firm is expected to issue its next quarterly earnings report before the market opens on Friday, October 27th.
According to Zacks, analysts expect that TotalFinaElf, will report full-year earnings of $4.17 per share for the current year, with EPS estimates ranging from $3.80 to $4.41. For the next year, analysts expect that the firm will post earnings of $4.57 per share, with EPS estimates ranging from $4.08 to $5.00. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover TotalFinaElf,.
TotalFinaElf, (NYSE:TOT) last issued 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). The company had revenue of $39.92 billion for the quarter. TotalFinaElf, had a return on equity of 9.07% and a net margin of 4.59%.
A number of research analysts have recently weighed in on the stock. Piper Jaffray Companies reissued a “hold” rating and set a $53.00 price objective on shares of TotalFinaElf, in a research note on Thursday, October 19th. Scotiabank set a $52.00 price objective on shares of TotalFinaElf, and gave the stock a “hold” rating in a research note on Tuesday, August 8th. Cowen and Company reissued a “buy” rating and set a $58.00 price objective on shares of TotalFinaElf, in a research note on Tuesday, September 19th. Royal Bank Of Canada cut shares of TotalFinaElf, from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, September 26th. Finally, BidaskClub raised shares of TotalFinaElf, from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. TotalFinaElf, presently has an average rating of “Hold” and an average price target of $55.40.
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Shares of TotalFinaElf, (TOT) traded up 1.31% on Tuesday, hitting $54.78. The stock had a trading volume of 117,897 shares. The stock has a market cap of $136.45 billion, a PE ratio of 18.89 and a beta of 0.75. The company’s 50 day moving average is $53.68 and its 200 day moving average is $51.72. TotalFinaElf, has a one year low of $45.05 and a one year high of $55.04.
The business also recently declared a quarterly dividend, which was paid on Thursday, October 19th. Shareholders of record on Friday, September 22nd were issued a $0.7416 dividend. This represents a $2.97 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date of this dividend was Thursday, September 21st. This is a positive change from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s dividend payout ratio (DPR) is 80.41%.
Several institutional investors and hedge funds have recently made changes to their positions in the business. Nationwide Fund Advisors boosted its holdings in shares of TotalFinaElf, by 12.3% in the 3rd quarter. Nationwide Fund Advisors now owns 72,106 shares of the oil and gas exploration company’s stock valued at $3,859,000 after purchasing an additional 7,870 shares during the last quarter. BB&T Corp boosted its holdings in shares of TotalFinaElf, by 4.7% in the 3rd quarter. BB&T Corp now owns 122,942 shares of the oil and gas exploration company’s stock valued at $6,579,000 after purchasing an additional 5,498 shares during the last quarter. Carnick & Kubik Group LLC acquired a new position in shares of TotalFinaElf, in the 3rd quarter valued at $2,042,000. Taylor Cottrill Erickson & Associates Inc. boosted its holdings in shares of TotalFinaElf, by 24.9% in the 3rd quarter. Taylor Cottrill Erickson & Associates Inc. now owns 6,063 shares of the oil and gas exploration company’s stock valued at $324,000 after purchasing an additional 1,210 shares during the last quarter. Finally, Lynch & Associates IN boosted its holdings in shares of TotalFinaElf, by 5.7% in the 3rd quarter. Lynch & Associates IN now owns 18,680 shares of the oil and gas exploration company’s stock valued at $1,000,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 5.41% of the company’s stock.
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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