Total SA (NYSE:TOT) – Stock analysts at Piper Jaffray Companies dropped their Q1 2019 earnings per share estimates for Total in a research note issued on Monday, February 11th. Piper Jaffray Companies analyst B. Fernandez now anticipates that the oil and gas exploration company will post earnings per share of $0.93 for the quarter, down from their previous estimate of $0.95. Piper Jaffray Companies currently has a “Buy” rating on the stock.
Total (NYSE:TOT) last announced its quarterly earnings data on Thursday, February 7th. The oil and gas exploration company reported $1.17 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.17. Total had a net margin of 5.47% and a return on equity of 11.16%. The firm had revenue of $52.50 billion during the quarter.
Other analysts also recently issued reports about the stock. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a research report on Friday, December 14th. Bank of America raised shares of Total from a “neutral” rating to a “buy” rating in a report on Tuesday, December 11th. Deutsche Bank raised shares of Total from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a report on Monday, December 10th. Sanford C. Bernstein reiterated a “buy” rating on shares of Total in a research note on Friday, October 26th. Finally, UBS Group restated a “buy” rating on shares of Total in a research note on Friday, October 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $48.75.
Shares of NYSE TOT opened at $55.15 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.28 and a quick ratio of 0.99. Total has a 12 month low of $49.70 and a 12 month high of $65.69. The firm has a market capitalization of $137.09 billion, a price-to-earnings ratio of 10.92, a P/E/G ratio of 1.02 and a beta of 0.70.
Several hedge funds have recently made changes to their positions in the company. FMR LLC raised its stake in Total by 33.6% in the 2nd quarter. FMR LLC now owns 3,475,857 shares of the oil and gas exploration company’s stock valued at $210,498,000 after purchasing an additional 874,469 shares during the last quarter. Atria Investments LLC boosted its holdings in Total by 170.2% during the 3rd quarter. Atria Investments LLC now owns 11,940 shares of the oil and gas exploration company’s stock valued at $769,000 after acquiring an additional 7,521 shares during the period. Bank of Montreal Can boosted its holdings in Total by 5.7% during the 3rd quarter. Bank of Montreal Can now owns 240,923 shares of the oil and gas exploration company’s stock valued at $15,513,000 after acquiring an additional 12,897 shares during the period. Capital Investment Advisors LLC purchased a new position in Total during the 3rd quarter valued at about $207,000. Finally, First Hawaiian Bank acquired a new stake in Total in the 3rd quarter valued at about $2,390,000. 6.32% of the stock is owned by institutional investors and hedge funds.
The business also recently declared a quarterly dividend, which was paid on Thursday, January 17th. Shareholders of record on Monday, December 17th were issued a $0.7267 dividend. This represents a $2.91 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date was Friday, December 14th. Total’s payout ratio is presently 48.91%.
Total Company Profile
TOTAL SA operates as an integrated oil and gas company worldwide. The company operates through Exploration & Production; Gas, Renewables & Power; Refining & Chemicals; and Marketing & Services segments. The Exploration & Production segment engages in the exploration and production activities in approximately 50 countries, and produces oil or gas in approximately 30 countries.
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