Cowen and Company reissued their buy rating on shares of TotalFinaElf, S.A. (NYSE:TOT) in a report issued on Tuesday, October 24th. They currently have a $58.00 price objective on the oil and gas exploration company’s stock.
A number of other analysts also recently commented on the company. Scotiabank set a $54.00 price objective on TotalFinaElf, and gave the stock a hold rating in a research report on Tuesday, August 22nd. Canaccord Genuity raised TotalFinaElf, from a hold rating to a buy rating in a research note on Friday, July 21st. Societe Generale reaffirmed a buy rating on shares of TotalFinaElf, in a research report on Wednesday, July 26th. ValuEngine raised TotalFinaElf, from a hold rating to a buy rating in a research report on Monday, July 24th. Finally, Barclays PLC downgraded TotalFinaElf, from an overweight rating to an equal weight rating and boosted their price target for the stock from $50.30 to $57.00 in a research report on Monday, August 21st. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. TotalFinaElf, currently has an average rating of Hold and a consensus price target of $55.40.
Shares of TotalFinaElf, (TOT) opened at $56.17 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.18 and a debt-to-equity ratio of 0.36. TotalFinaElf, has a 52-week low of $45.05 and a 52-week high of $56.98. The stock has a market capitalization of $140,838.42, a price-to-earnings ratio of 14.21, a PEG ratio of 2.26 and a beta of 0.77.
TotalFinaElf, (NYSE:TOT) last released its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.03). TotalFinaElf, had a return on equity of 9.39% and a net margin of 4.90%. The company had revenue of $43.04 billion for the quarter. research analysts anticipate that TotalFinaElf, will post 4.17 EPS for the current fiscal year.
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The business also recently declared a quarterly dividend, which was paid on Thursday, October 19th. Stockholders of record on Friday, September 22nd were paid a dividend of $0.7416 per share. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $2.97 annualized dividend and a dividend yield of 5.28%. This is a positive change from TotalFinaElf,’s previous quarterly dividend of $0.69. TotalFinaElf,’s dividend payout ratio (DPR) is presently 52.83%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TOT. Perennial Advisors LLC bought a new position in TotalFinaElf, in the 3rd quarter worth approximately $120,000. Benjamin F. Edwards & Company Inc. boosted its holdings in TotalFinaElf, by 11.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,561 shares of the oil and gas exploration company’s stock valued at $127,000 after purchasing an additional 257 shares during the period. NEXT Financial Group Inc boosted its holdings in TotalFinaElf, by 30.1% in the 2nd quarter. NEXT Financial Group Inc now owns 2,591 shares of the oil and gas exploration company’s stock valued at $128,000 after purchasing an additional 600 shares during the period. Grove Bank & Trust lifted its holdings in shares of TotalFinaElf, by 243.2% during the 2nd quarter. Grove Bank & Trust now owns 2,797 shares of the oil and gas exploration company’s stock worth $139,000 after acquiring an additional 1,982 shares during the last quarter. Finally, First Interstate Bank lifted its holdings in shares of TotalFinaElf, by 1.8% during the 2nd quarter. First Interstate Bank now owns 2,810 shares of the oil and gas exploration company’s stock worth $139,000 after acquiring an additional 50 shares during the last quarter. 5.30% of the stock is owned by institutional investors.
Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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