On the stock market since 1991, it operates in the world of energy. It has 95,393 employees. Now — the numbers.
This is an established company with proven profits.
No real growth.
The gap is $31.9B. In times of high interest rates, a gap like that can squeeze a company.
Executives buying with their own money is usually read as confidence in the company’s future.
The stock trades below its recent peak — about 14% off the top. A pullback, not a collapse.
Over the last 12 months, company executives reported 39 buys and 3 sells. Management buying with its own money is usually read as a good sign.
The average analyst price target is $93.00 — 16% above today’s price.
It pays out $2.97 per share each year — regular cash for whoever holds the stock.
Over the last 3 years, sales fell about 12% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
The sales tempo runs behind the sector.
On our five-subject report card, TTE sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: TTE is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.