Last Updated: 16 Sep 2024
Executive Summary
TotalEnergies SE ADR (TTE) is a global integrated oil and gas company with a strong financial position and a track record of dividend payments. The company has a market capitalization of $154.7 billion and an analyst target price of $76.62. The stock is currently trading at $67.65, which is below the target price.
Company Overview
TotalEnergies is headquartered in Paris, France, and has operations in over 130 countries. The company is engaged in the exploration, production, and refining of oil and gas, as well as the marketing and distribution of petroleum products. TotalEnergies also has a growing presence in renewable energy, with a goal of becoming a net-zero emissions company by 2050.
Fundamental Analysis
TotalEnergies has a strong financial position, with a debt-to-equity ratio of 0.23 and a current ratio of 1.23. The company's earnings per share (EPS) have grown at an average annual rate of 10% over the past five years. TotalEnergies also has a strong dividend yield of 0.0506%.
Technical Analysis
The technical analysis of TotalEnergies indicates that the stock is in a bullish trend. The stock price is above the 50-day and 200-day moving averages, and the relative strength index (RSI) is above 50. This suggests that the stock is likely to continue to rise in the short term.
Short Term Outlook
The short-term outlook for TotalEnergies is positive. The company is expected to benefit from rising oil and gas prices, as well as its growing presence in renewable energy. The stock is currently trading below its analyst target price, which suggests that there is potential for further upside.
Long Term Outlook
The long-term outlook for TotalEnergies is also positive. The company is well-positioned to benefit from the growing demand for energy, as well as the transition to renewable energy. TotalEnergies has a strong track record of innovation and is committed to reducing its carbon footprint.
Analyst Recommendations
The majority of analysts have a buy rating on TotalEnergies. The average analyst target price is $76.62, which is 13% above the current stock price.
Conclusion
TotalEnergies is a strong company with a bright future. The company has a strong financial position, a track record of dividend payments, and a growing presence in renewable energy. The stock is currently trading below its analyst target price, which suggests that there is potential for further upside.
