Advertisement
UK markets close in 7 hours 28 minutes
  • FTSE 100

    8,283.81
    +70.32 (+0.86%)
     
  • FTSE 250

    20,356.84
    +192.30 (+0.95%)
     
  • AIM

    776.60
    +5.07 (+0.66%)
     
  • GBP/EUR

    1.1647
    -0.0012 (-0.11%)
     
  • GBP/USD

    1.2536
    -0.0028 (-0.22%)
     
  • Bitcoin GBP

    50,809.99
    -615.67 (-1.20%)
     
  • CMC Crypto 200

    1,370.96
    +5.84 (+0.43%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CRUDE OIL

    78.36
    -0.12 (-0.15%)
     
  • GOLD FUTURES

    2,327.90
    -3.30 (-0.14%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,455.10
    -123.20 (-0.66%)
     
  • DAX

    18,229.78
    +54.57 (+0.30%)
     
  • CAC 40

    8,025.76
    +29.12 (+0.36%)
     

Here's Why TotalEnergies SE Sponsored ADR (TTE) is a Strong Value Stock

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.

ADVERTISEMENT

TotalEnergies SE Sponsored ADR (TTE)

France-based TotalEnergies SE is among the top five publicly traded global integrated oil and gas companies based on production volumes, proved reserves and market capitalization. The company has operations in more than 130 countries across five continents. The company was founded in 1924. The company has changed its name from TOTAL SE to TotalEnergies SE, which better reflects its transition toward a broad energy company. The new trading symbol of the company is TTE.

TTE is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 3.5X for the current fiscal year compared to the Oil and Gas - Refining and Marketing industry's P/E of 5.3X. Additionally, TTE has a PEG Ratio of 0.5 and a Price/Cash Flow ratio of 3.9X. Value investors should also note TTE's Price/Sales ratio of 0.5X.

Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.54 to $13.93 per share. TTE has an average earnings surprise of 14.6%.

Investors should take the time to consider TTE for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
TotalEnergies SE Sponsored ADR (TTE) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research