Alert: Negative Investment/Fundamental Signals (9/30/24)-TotalEnergies SE (NYSE: TTE)

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TotalEnergies SE (NYSE: TTE) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and its longer term price trend turned down.

TotalEnergies SE (NYSE: TTE) has recently experienced minimal negative changes in fundamentals: the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

TTE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

TotalEnergies SE has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. TotalEnergies SE has a very high Appreciation Score of 91 but a slightly negative Power Rating of 39, and the Positive Value Trend Rating results.

Recent Price Action

TotalEnergies SE (NYSE: TTE) stock declined by -2.3% on 9/30/24. The shares closed at $64.62. Moreover, exceptionally high trading volume at 230% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.5% during the last week.

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