Total SA (NYSE:TOT) – Piper Sandler raised their Q1 2020 earnings per share estimates for Total in a report released on Thursday, January 23rd. Piper Sandler analyst R. Todd now expects that the oil and gas exploration company will post earnings of $1.28 per share for the quarter, up from their prior estimate of $1.02. Piper Sandler also issued estimates for Total’s Q2 2020 earnings at $1.33 EPS, Q3 2020 earnings at $1.43 EPS and FY2020 earnings at $5.37 EPS.
Total (NYSE:TOT) last released its earnings results on Wednesday, October 30th. The oil and gas exploration company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.14. The business had revenue of $48.59 billion for the quarter. Total had a net margin of 4.81% and a return on equity of 9.96%.
Several other research analysts also recently weighed in on the stock. Credit Suisse Group reissued an “outperform” rating on shares of Total in a research report on Wednesday, January 15th. Berenberg Bank reissued a “buy” rating on shares of Total in a research report on Sunday, January 19th. Finally, Piper Jaffray Companies initiated coverage on shares of Total in a research report on Tuesday, November 26th. They issued a “buy” rating and a $68.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Total currently has an average rating of “Buy” and a consensus target price of $59.29.
Total stock opened at $52.26 on Monday. The firm’s 50 day simple moving average is $54.36 and its 200-day simple moving average is $52.57. The company has a market cap of $140.41 billion, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 1.49 and a beta of 0.72. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.22 and a quick ratio of 0.98. Total has a fifty-two week low of $47.70 and a fifty-two week high of $58.82.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Friday, January 3rd will be given a dividend of $0.606 per share. This represents a $2.42 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date is Thursday, January 2nd. Total’s payout ratio is presently 47.92%.
Hedge funds and other institutional investors have recently bought and sold shares of the business. MAI Capital Management acquired a new stake in Total in the second quarter valued at approximately $239,000. Nomura Holdings Inc. acquired a new stake in Total in the third quarter valued at approximately $248,000. Trillium Asset Management LLC acquired a new stake in Total in the third quarter valued at approximately $228,000. State Street Corp lifted its stake in Total by 1,154.2% in the third quarter. State Street Corp now owns 62,762 shares of the oil and gas exploration company’s stock valued at $3,267,000 after acquiring an additional 57,758 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in Total by 3.2% in the third quarter. Jones Financial Companies Lllp now owns 159,369 shares of the oil and gas exploration company’s stock valued at $8,288,000 after acquiring an additional 4,911 shares during the last quarter. Hedge funds and other institutional investors own 5.97% of the company’s stock.
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.