Total SA (TOT) Expected to Announce Earnings of $1.50 Per Share

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Equities research analysts expect Total SA (NYSE:TOT) to post earnings per share of $1.50 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Total’s earnings. Total posted earnings per share of $1.04 in the same quarter last year, which suggests a positive year-over-year growth rate of 44.2%. The company is scheduled to issue its next quarterly earnings report on Friday, October 26th.

According to Zacks, analysts expect that Total will report full year earnings of $5.44 per share for the current fiscal year, with EPS estimates ranging from $5.10 to $5.80. For the next year, analysts anticipate that the company will post earnings of $6.32 per share, with EPS estimates ranging from $5.66 to $7.23. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Total.

Total (NYSE:TOT) last announced its quarterly earnings data on Thursday, July 26th. The oil and gas exploration company reported $1.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.19). Total had a return on equity of 10.19% and a net margin of 5.25%. The business had revenue of $52.54 billion during the quarter.

A number of equities research analysts recently commented on TOT shares. Barclays reiterated a “buy” rating on shares of Total in a report on Friday, September 14th. Berenberg Bank started coverage on shares of Total in a report on Tuesday, September 11th. They set a “buy” rating for the company. UBS Group upgraded shares of Total from a “neutral” rating to a “buy” rating in a report on Friday, August 3rd. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Total in a report on Tuesday, August 7th. Finally, ValuEngine lowered shares of Total from a “buy” rating to a “hold” rating in a report on Tuesday, July 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $50.86.

Large investors have recently added to or reduced their stakes in the company. Summit Trail Advisors LLC grew its position in Total by 5,648.3% during the 1st quarter. Summit Trail Advisors LLC now owns 1,596,022 shares of the oil and gas exploration company’s stock valued at $1,596,000 after purchasing an additional 1,568,257 shares during the last quarter. Amundi Pioneer Asset Management Inc. lifted its stake in shares of Total by 26.6% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 4,322,329 shares of the oil and gas exploration company’s stock worth $249,355,000 after purchasing an additional 907,576 shares during the period. FMR LLC lifted its stake in shares of 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 worth $210,498,000 after purchasing an additional 874,469 shares during the period. RNC Capital Management LLC bought a new position in shares of Total in the 2nd quarter worth approximately $51,556,000. Finally, Morgan Stanley lifted its stake in shares of Total by 11.5% in the 2nd quarter. Morgan Stanley now owns 3,114,505 shares of the oil and gas exploration company’s stock worth $188,615,000 after purchasing an additional 320,069 shares during the period. 5.30% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:TOT traded up $0.01 during midday trading on Friday, reaching $61.58. 2,951,310 shares of the stock traded hands, compared to its average volume of 1,889,113. Total has a 12 month low of $53.37 and a 12 month high of $65.69. The company has a quick ratio of 1.04, a current ratio of 1.35 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $160.61 billion, a P/E ratio of 14.95, a P/E/G ratio of 0.98 and a beta of 0.73.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 19th. Stockholders of record on Monday, September 24th will be given a $0.7442 dividend. The ex-dividend date is Friday, September 21st. This is an increase from Total’s previous quarterly dividend of $0.73. This represents a $2.98 dividend on an annualized basis and a dividend yield of 4.83%. Total’s dividend payout ratio is currently 72.33%.

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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Earnings History and Estimates for Total (NYSE:TOT)

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