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TotalEnergies SE Sponsored ADR (TTE) Soars to 52-Week High, Time to Cash Out?
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Have you been paying attention to shares of TotalEnergies SE Sponsored ADR (TTE - Free Report) ? Shares have been on the move with the stock up 18.1% over the past month. The stock hit a new 52-week high of $60.35 in the previous session. TotalEnergies SE Sponsored ADR has gained 22% since the start of the year compared to the 45.2% move for the Zacks Oils-Energy sector and the 47.1% return for the Zacks Oil and Gas - Refining and Marketing industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 28, 2022, TotalEnergies SE Sponsored ADR reported EPS of $3.4 versus consensus estimate of $2.79.
For the current fiscal year, TotalEnergies SE Sponsored ADR is expected to post earnings of $11.81 per share on $218.9 billion in revenues. This represents a 76.8% change in EPS on a 9.01% change in revenues. For the next fiscal year, the company is expected to earn $9.84 per share on $192.87 billion in revenues. This represents a year-over-year change of -16.75% and -11.89%, respectively.
Valuation Metrics
TotalEnergies SE Sponsored ADR may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
TotalEnergies SE Sponsored ADR has a Value Score of A. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 5.1X current fiscal year EPS estimates, which is not in-line with the peer industry average of 10.2X. On a trailing cash flow basis, the stock currently trades at 4.9X versus its peer group's average of 10.2X. Additionally, the stock has a PEG ratio of 0.77. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, TotalEnergies SE Sponsored ADR currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if TotalEnergies SE Sponsored ADR meets the list of requirements. Thus, it seems as though TotalEnergies SE Sponsored ADR shares could have a bit more room to run in the near term.
How Does TTE Stack Up to the Competition?
Shares of TTE have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Murphy USA Inc. (MUSA - Free Report) . MUSA has a Zacks Rank of # 1 (Strong Buy) and a Value Score of B, a Growth Score of A, and a Momentum Score of A.
Earnings were strong last quarter. Murphy USA Inc. beat our consensus estimate by 129.43%, and for the current fiscal year, MUSA is expected to post earnings of $16.82 per share on revenue of $22.52 billion.
Shares of Murphy USA Inc. have gained 3.7% over the past month, and currently trade at a forward P/E of 14.63X and a P/CF of 10.35X.
The Oil and Gas - Refining and Marketing industry is in the top 2% of all the industries we have in our universe, so it looks like there are some nice tailwinds for TTE and MUSA, even beyond their own solid fundamental situation.
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TotalEnergies SE Sponsored ADR (TTE) Soars to 52-Week High, Time to Cash Out?
Have you been paying attention to shares of TotalEnergies SE Sponsored ADR (TTE - Free Report) ? Shares have been on the move with the stock up 18.1% over the past month. The stock hit a new 52-week high of $60.35 in the previous session. TotalEnergies SE Sponsored ADR has gained 22% since the start of the year compared to the 45.2% move for the Zacks Oils-Energy sector and the 47.1% return for the Zacks Oil and Gas - Refining and Marketing industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 28, 2022, TotalEnergies SE Sponsored ADR reported EPS of $3.4 versus consensus estimate of $2.79.
For the current fiscal year, TotalEnergies SE Sponsored ADR is expected to post earnings of $11.81 per share on $218.9 billion in revenues. This represents a 76.8% change in EPS on a 9.01% change in revenues. For the next fiscal year, the company is expected to earn $9.84 per share on $192.87 billion in revenues. This represents a year-over-year change of -16.75% and -11.89%, respectively.
Valuation Metrics
TotalEnergies SE Sponsored ADR may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
TotalEnergies SE Sponsored ADR has a Value Score of A. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 5.1X current fiscal year EPS estimates, which is not in-line with the peer industry average of 10.2X. On a trailing cash flow basis, the stock currently trades at 4.9X versus its peer group's average of 10.2X. Additionally, the stock has a PEG ratio of 0.77. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, TotalEnergies SE Sponsored ADR currently has a Zacks Rank of #1 (Strong Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if TotalEnergies SE Sponsored ADR meets the list of requirements. Thus, it seems as though TotalEnergies SE Sponsored ADR shares could have a bit more room to run in the near term.
How Does TTE Stack Up to the Competition?
Shares of TTE have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Murphy USA Inc. (MUSA - Free Report) . MUSA has a Zacks Rank of # 1 (Strong Buy) and a Value Score of B, a Growth Score of A, and a Momentum Score of A.
Earnings were strong last quarter. Murphy USA Inc. beat our consensus estimate by 129.43%, and for the current fiscal year, MUSA is expected to post earnings of $16.82 per share on revenue of $22.52 billion.
Shares of Murphy USA Inc. have gained 3.7% over the past month, and currently trade at a forward P/E of 14.63X and a P/CF of 10.35X.
The Oil and Gas - Refining and Marketing industry is in the top 2% of all the industries we have in our universe, so it looks like there are some nice tailwinds for TTE and MUSA, even beyond their own solid fundamental situation.