Last Updated: 13 Nov 2024
Executive Summary
TotalEnergies SE ADR (TTE) is a global integrated oil and gas company with a market capitalization of $139.37 billion. The company has a strong financial position with an EBITDA of $37.75 billion and a profit margin of 8.3%. TTE's trailing P/E ratio of 8.62 is below the industry average, making it an attractive investment opportunity.
Company Overview
TotalEnergies SE is headquartered in Paris, France, and is one of the largest oil and gas companies in the world. The company operates in over 130 countries and employs over 100,000 people. TotalEnergies' core businesses include exploration and production, refining and marketing, and petrochemicals.
Fundamental Analysis
TotalEnergies SE has a strong financial position with an EBITDA of $37.75 billion and a profit margin of 8.3%. The company's revenue has grown by an average of 5% over the past five years, and its earnings per share have grown by an average of 10% over the same period. TTE's trailing P/E ratio of 8.62 is below the industry average, making it an attractive investment opportunity.
Technical Analysis
TotalEnergies SE's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish sign. The stock's relative strength index (RSI) is also above 50, which indicates that the stock is overbought. However, the stock's momentum is still positive, and it is likely to continue to trend higher in the short term.
Short Term Outlook
TotalEnergies SE's stock price is likely to continue to trend higher in the short term. The stock is currently trading above its 50-day and 200-day moving averages, and its momentum is still positive. The stock's RSI is above 50, which indicates that the stock is overbought. However, the stock is still trading below its 52-week high, and it is likely to continue to trend higher in the short term.
Long Term Outlook
TotalEnergies SE's long-term outlook is positive. The company is a global leader in the oil and gas industry, and it is well-positioned to benefit from the growing demand for energy. The company's strong financial position and its commitment to renewable energy make it a good investment for the long term.
Analyst Recommendations
The majority of analysts have a buy rating on TotalEnergies SE. The average analyst target price is $75.06, which represents a potential upside of 26% from the current price.
