Total (TOT) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
Total (NYSE:TOT) released its earnings results on Thursday. The oil and gas exploration company reported $1.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.04, Morningstar.com reports. The company had revenue of $47.35 billion during the quarter. Total had a return on equity of 9.39% and a net margin of 4.90%.
Total (NYSE TOT) traded up $0.38 during mid-day trading on Friday, reaching $55.00. The company’s stock had a trading volume of 2,096,400 shares, compared to its average volume of 1,986,604. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.47 and a quick ratio of 1.18. The company has a market capitalization of $141,150.00, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.42 and a beta of 0.79. Total has a 12 month low of $48.15 and a 12 month high of $59.57.
The business also recently announced a quarterly dividend, which was paid on Friday, January 19th. Shareholders of record on Monday, December 18th were paid a $0.734 dividend. This represents a $2.94 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date of this dividend was Friday, December 15th. Total’s payout ratio is 33.73%.
Several brokerages recently issued reports on TOT. Cowen raised their price objective on Total from $58.00 to $64.00 and gave the stock an “outperform” rating in a research note on Thursday. Sanford C. Bernstein upgraded Total from a “market perform” rating to an “outperform” rating in a research note on Friday. TD Securities restated a “buy” rating and set a $20.00 price objective on shares of Total in a research note on Friday, November 24th. Scotiabank restated a “hold” rating and set a $62.00 price objective on shares of Total in a research note on Thursday, December 21st. Finally, JPMorgan Chase & Co. cut Total from a “neutral” rating to an “underweight” rating in a research note on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. Total has an average rating of “Hold” and an average price target of $49.38.
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Total Company Profile
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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