TotalEnergies SE ADR (NYSE: TTE) Drops -11.07% Over A Month, But Analysts Still See Upside Potential

money audit

TotalEnergies SE ADR (NYSE:TTE) currently has a daily average trading volume of 1.78M but it saw 2810045 shares traded in last market. With a market cap of 114.79B USD, the company’s current market price of $54.72 came falling about -3.65 while comparing to the previous closing price of $56.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $74.97 and as low as $52.78. In the recent trading on the day, stock has struck highest price mark of $54.095 while lowest mark touched by it was $56.29.

Taking a look at 20-day trading activity of TotalEnergies SE ADR (TTE) gives us an average price of $61.74, while its current price level is -27.01% below from 52-week high level whereas it is 3.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $61.01 while that of 200 days or SMA-200 reads an average of $62.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.98% during that period while stretching the period over a month that decreases to 2.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.80 which implies that the stock is in neutral territory.

Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on January 07, 2025 while assigning a price target range of $70.40-$64.10.

Over the week, TTE’s stock price is moving -11.87% down while it is -11.07% when we observe its performance for the past one month. Year-to-date it is 0.40% up and over the past year, the stock is showing a downside performance of -25.07%.

The company is expected to be releasing its next quarterly report on 2025-Feb-04, for which analysts forecasted an EPS of 2.04 while estimate for next year EPS is 8.19. In next quarter, company is expected to be making quarterly sales of $41.54B as analysts are expecting the sales for current fiscal year at $193.26B and seeing the company making $194.53B in sales next year. Moreover, analysts are in estimates of $43.4B for current-quarter revenue.

Currently, TotalEnergies SE ADR’s total number of outstanding shares is 2.25B with 0.00% of that held by the insiders while 7.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.76% and return on equity (ROE) at 13.43%. It has a price to earnings ratio (P/E ratio) of 8.12 while having a 6.66 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 0.59. Its return on asset (ROA) is 5.54% on average.