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Tuesday, December 5, 2023

Make Sure You Stick With TotalEnergies SE ADR (TTE). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for TotalEnergies SE ADR (TTE) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.04, or -0.06%, to $66.54. The TotalEnergies SE ADR has recorded 1,831 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed United States: TotalEnergies Acquires 1.5 GW Flexible Power Generation Capacity in Texas.

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Stocks Info

TotalEnergies SE ADR is listed on the NYSE in the Energy sector while operating in the Oil & Gas Integrated industry. At the end of the last regular session, the stock closed at $66.58 and fluctuated between $66.64 as its day high and $65.73 as its day low. The current market capitalization of TotalEnergies SE ADR is $159.52B. A total of 2.1 million shares were traded on the day, compared to an average of 1.32M shares.

In the most recent transaction, TotalEnergies SE bought 71,980 shares of TTE for 31.15 per share on Mar 31. After the transaction, the Director now owns 172,601 company shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. TotalEnergies SE ADR pays an annual dividend of $3.12, resulting in a dividend yield of 4.69%, and it has a price to earnings (P/E) ratio of 8.38. TTE’s most recent ex-dividend date was 9/15/2023 when it declared a $0.8058 quarterly dividend that was paid in cash on 10/12/2023. Previously, the company paid the dividend on 7/17/2023 with an ex-dividend date of 6/16/2023. The TTE stock dividend was $0.5850 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TTE in the last 3 months, the mean price target is $75.56 with high estimates of $104.38 and low estimates of $61.00. In terms of 52-week highs and lows, TTE has a high of $68.83 and a low of $54.94.

As of this writing, TTE has an earnings estimate of $2.57 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $2.92 per share and a lower estimate of $2.38. The company reported an EPS of $2.61 in the last quarter, which was 4.80% higher than expectations of $2.49.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TTE’s latest balance sheet shows that the firm has $33.66B in Cash & Short Term Investments as of fiscal 2021. There were $64.55B in debt and $95.10B in liabilities at the time. Its Book Value Per Share was $48.32, while its Total Shareholder’s Equity was $115.00B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TTE is Buy with a score of 3.73.

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