Erste Group Bank Predicts Lower Earnings for TotalEnergies

Key Points

• Erste Group Bank lowered its FY2027 EPS estimate for TotalEnergies to $9.48 from $9.59, below the broader consensus estimate of $10.62.
• TotalEnergies reported quarterly EPS of $2.68 on revenue of $57.10 billion, with a 15.66% return on equity and an 8.29% net margin.
• Analyst sentiment remains generally positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $87.14; shares recently opened at $85.71.

TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) - Analysts at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for TotalEnergies in a research report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $9.48 per share for the year, down from their previous estimate of $9.59. The consensus estimate for TotalEnergies' current full-year earnings is $10.62 per share.

TotalEnergies (NYSE:TTE - Get Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $2.68 EPS for the quarter. TotalEnergies had a return on equity of 15.66% and a net margin of 8.29%.The company had revenue of $57.10 billion during the quarter.

A number of other equities research analysts also recently issued reports on the stock. BNP Paribas Exane upgraded shares of TotalEnergies from a "neutral" rating to an "outperform" rating in a report on Friday, April 17th. CICC Research began coverage on shares of TotalEnergies in a report on Tuesday, June 23rd. They issued an "outperform" rating on the stock. Morgan Stanley reissued an "overweight" rating on shares of TotalEnergies in a research note on Tuesday, May 12th. Mizuho began coverage on TotalEnergies in a report on Monday, July 20th. They set an "outperform" rating and a $103.00 price objective for the company. Finally, Zacks Research lowered TotalEnergies from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 25th. Eleven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $87.14.

TotalEnergies Trading Down 0.1%

Shares of TTE stock opened at $85.71 on Monday. The firm's 50-day simple moving average is $83.08 and its 200-day simple moving average is $83.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.06 and a quick ratio of 0.85. TotalEnergies has a 1-year low of $57.39 and a 1-year high of $94.17. The firm has a market cap of $205.51 billion, a P/E ratio of 10.73, a PEG ratio of 3.04 and a beta of 0.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Robinswood Financial LLC purchased a new stake in TotalEnergies during the 1st quarter worth $27,000. Maseco LLP lifted its position in TotalEnergies by 119.9% during the 1st quarter. Maseco LLP now owns 420 shares of the company's stock worth $38,000 after acquiring an additional 229 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in TotalEnergies during the 1st quarter worth approximately $39,000. Elyxium Wealth LLC purchased a new position in TotalEnergies in the 4th quarter worth approximately $33,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in TotalEnergies in the 1st quarter worth approximately $50,000. 16.53% of the stock is owned by institutional investors and hedge funds.

About TotalEnergies

TotalEnergies SE NYSE: TTE is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.

In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.

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