Credit Suisse Group upgraded shares of Total (NYSE:TOT) from a neutral rating to an outperform rating in a report released on Wednesday morning, Briefing.com Automated Import reports.
Other analysts have also issued research reports about the company. HSBC reissued a buy rating and set a $58.50 price objective on shares of Total in a research note on Thursday, May 23rd. Deutsche Bank reissued a buy rating on shares of Total in a research note on Tuesday, April 9th. Citigroup reaffirmed an average rating on shares of Stoneridge in a research note on Tuesday, May 7th. ValuEngine lowered Wolverine World Wide from a hold rating to a sell rating in a research note on Monday, May 20th. Finally, Goldman Sachs Group reaffirmed a buy rating and issued a $68.00 price target on shares of Total in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $51.70.
NYSE:TOT opened at $56.45 on Wednesday. The stock has a market capitalization of $140.76 billion, a price-to-earnings ratio of 11.18, a PEG ratio of 1.17 and a beta of 0.71. Total has a fifty-two week low of $49.70 and a fifty-two week high of $65.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.27. The company’s 50 day moving average is $54.26.
Total (NYSE:TOT) last released its quarterly earnings data on Friday, April 26th. The oil and gas exploration company reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.09). The company had revenue of $51.21 billion for the quarter. Total had a net margin of 5.65% and a return on equity of 11.21%. As a group, equities research analysts forecast that Total will post 5.42 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Monday, June 10th were paid a $0.7128 dividend. This represents a $2.85 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend was Friday, June 7th. Total’s payout ratio is 47.13%.
A number of hedge funds have recently made changes to their positions in TOT. Comerica Securities Inc. boosted its stake in shares of Total by 21.8% in the 4th quarter. Comerica Securities Inc. now owns 7,146 shares of the oil and gas exploration company’s stock valued at $377,000 after purchasing an additional 1,279 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Total by 7.9% in the 4th quarter. Bank of New York Mellon Corp now owns 641,164 shares of the oil and gas exploration company’s stock valued at $33,456,000 after purchasing an additional 46,937 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of Total by 131.9% in the 4th quarter. Hsbc Holdings PLC now owns 72,907 shares of the oil and gas exploration company’s stock valued at $3,805,000 after purchasing an additional 41,469 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Total by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 709,465 shares of the oil and gas exploration company’s stock valued at $37,020,000 after purchasing an additional 7,031 shares in the last quarter. Finally, Berman Capital Advisors LLC acquired a new stake in shares of Total in the 4th quarter valued at approximately $32,000. 6.58% of the stock is owned by institutional investors.
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.
See Also: Cash Flow
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