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Shell (SHEL) Dips More Than Broader Markets: What You Should Know
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Shell (SHEL - Free Report) closed the most recent trading day at $50.18, moving -1.92% from the previous trading session. This move lagged the S&P 500's daily loss of 0.65%. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq added 0.03%.
Prior to today's trading, shares of the oil and gas company had lost 5.21% over the past month. This has lagged the Oils-Energy sector's loss of 2.93% and was narrower than the S&P 500's loss of 11.07% in that time.
Shell will be looking to display strength as it nears its next earnings release. In that report, analysts expect Shell to post earnings of $3.18 per share. This would mark year-over-year growth of 200%.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.57 per share and revenue of $450.45 billion. These totals would mark changes of +133.74% and +65.21%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Shell. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.4% higher within the past month. Shell is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note Shell's current valuation metrics, including its Forward P/E ratio of 4.42. This represents a premium compared to its industry's average Forward P/E of 3.83.
It is also worth noting that SHEL currently has a PEG ratio of 0.48. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 0.37 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Shell (SHEL) Dips More Than Broader Markets: What You Should Know
Shell (SHEL - Free Report) closed the most recent trading day at $50.18, moving -1.92% from the previous trading session. This move lagged the S&P 500's daily loss of 0.65%. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq added 0.03%.
Prior to today's trading, shares of the oil and gas company had lost 5.21% over the past month. This has lagged the Oils-Energy sector's loss of 2.93% and was narrower than the S&P 500's loss of 11.07% in that time.
Shell will be looking to display strength as it nears its next earnings release. In that report, analysts expect Shell to post earnings of $3.18 per share. This would mark year-over-year growth of 200%.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.57 per share and revenue of $450.45 billion. These totals would mark changes of +133.74% and +65.21%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Shell. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.4% higher within the past month. Shell is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note Shell's current valuation metrics, including its Forward P/E ratio of 4.42. This represents a premium compared to its industry's average Forward P/E of 3.83.
It is also worth noting that SHEL currently has a PEG ratio of 0.48. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 0.37 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.