Total (TOT) Posts Earnings Results, Beats Expectations By $0.04 EPS

Total (NYSE:TOT) released its earnings results on Thursday. The oil and gas exploration company reported $1.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.04, Morningstar.com reports. Total had a net margin of 5.03% and a return on equity of 9.64%. The firm had revenue of $47.35 billion for the quarter.

Total (NYSE:TOT) opened at $55.00 on Friday. The stock has a market capitalization of $136,242.81, a P/E ratio of 13.26, a P/E/G ratio of 1.42 and a beta of 0.77. Total has a fifty-two week low of $48.15 and a fifty-two week high of $59.57. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.36.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 19th. Investors of record on Monday, December 18th were issued 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 dividend payout ratio (DPR) is 33.73%.

A number of equities analysts recently issued reports on the company. Canaccord Genuity reaffirmed a “buy” rating and issued a $19.00 price target on shares of Total in a report on Tuesday, January 16th. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Saturday, January 20th. TD Securities reaffirmed a “buy” rating and issued a $20.00 price target on shares of Total in a report on Friday, November 24th. JPMorgan Chase & Co. downgraded Total from a “neutral” rating to an “underweight” rating in a report on Thursday, December 7th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a report on Monday, December 11th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $49.38.

Several hedge funds have recently bought and sold shares of TOT. Shelton Capital Management acquired a new stake in shares of Total in the second quarter valued at approximately $356,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Total by 14.8% in the second quarter. The Manufacturers Life Insurance Company now owns 3,933 shares of the oil and gas exploration company’s stock valued at $195,000 after acquiring an additional 507 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Total by 14.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 73,406 shares of the oil and gas exploration company’s stock valued at $3,640,000 after acquiring an additional 9,102 shares during the period. Bank of Nova Scotia acquired a new stake in shares of Total in the second quarter valued at approximately $843,000. Finally, Stellar Capital Management LLC boosted its holdings in shares of Total by 0.7% in the second quarter. Stellar Capital Management LLC now owns 28,894 shares of the oil and gas exploration company’s stock valued at $1,433,000 after acquiring an additional 215 shares during the period. 5.43% of the stock is owned by institutional investors and hedge funds.

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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.

Earnings History for Total (NYSE:TOT)

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