Is TotalEnergies SE ADR (TTE) Stock a Good Buy for Short-term Investors?

A share price of TotalEnergies SE ADR [TTE] is currently trading at $67.88, up 0.89%. An important factor to consider is whether the stock is rising or falling in short-term value. The TTE shares have gain 3.37% over the last week, with a monthly amount glided 2.11%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

TotalEnergies SE ADR [NYSE: TTE] stock has seen the most recent analyst activity on September 27, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $74 from $72. On November 29, 2023, downgrade downgraded it’s rating to Hold. Morgan Stanley upgraded its rating to a Overweight. Wolfe Research upgraded its rating to Outperform for this stock on January 12, 2023, but kept the price target unchanged to $72. In a note dated January 09, 2023, Goldman downgraded an Neutral rating on this stock.

TotalEnergies SE ADR experienced fluctuations in its stock price throughout the past year between $62.28 and $74.97. Currently, Wall Street analysts expect the stock to reach $78.5 within the next 12 months. TotalEnergies SE ADR [NYSE: TTE] shares were valued at $67.88 at the most recent close of the market. An investor can expect a potential return of 15.65% based on the average TTE price forecast.

Analyzing the TTE fundamentals

Trailing Twelve Months sales for TotalEnergies SE ADR [NYSE:TTE] were 210.24B which represents -4.56% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.18 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 67.46 points at the first support level, and at 67.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.16, and for the 2nd resistance point, it is at 68.44.

Ratios To Look Out For

To put it in perspective, the Current Ratio for TotalEnergies SE ADR [NYSE:TTE] is 1.11. On the other hand, the Quick Ratio is 0.87, and the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 1.34 and price to earnings (TTM) ratio is 7.61.

Transactions by insiders

Recent insider trading involved TotalEnergies SE, Director, that happened on Mar 28 ’24 when 0.2 million shares were purchased.

Related Posts