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Shell (SHEL) Advances But Underperforms Market: Key Facts
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Shell (SHEL - Free Report) ended the recent trading session at $70.41, demonstrating a +0.17% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.85% for the day. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw an increase of 1.53%.
The the stock of oil and gas company has fallen by 5.09% in the past month, lagging the Oils-Energy sector's loss of 4.55% and the S&P 500's gain of 3.11%.
Analysts and investors alike will be keeping a close eye on the performance of Shell in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.85, reflecting a 23.33% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $88.71 billion, reflecting a 16.69% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $8.37 per share and revenue of $351.7 billion, which would represent changes of -0.36% and +8.82%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Shell. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.14% fall in the Zacks Consensus EPS estimate. Shell is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Shell's current valuation metrics, including its Forward P/E ratio of 8.4. For comparison, its industry has an average Forward P/E of 7.07, which means Shell is trading at a premium to the group.
We can additionally observe that SHEL currently boasts a PEG ratio of 1.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Oil and Gas - Integrated - International industry had an average PEG ratio of 1.81 as trading concluded yesterday.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 147, positioning it in the bottom 42% of all 250+ industries.
The Zacks Industry Rank is ordered 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Shell (SHEL) Advances But Underperforms Market: Key Facts
Shell (SHEL - Free Report) ended the recent trading session at $70.41, demonstrating a +0.17% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.85% for the day. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw an increase of 1.53%.
The the stock of oil and gas company has fallen by 5.09% in the past month, lagging the Oils-Energy sector's loss of 4.55% and the S&P 500's gain of 3.11%.
Analysts and investors alike will be keeping a close eye on the performance of Shell in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.85, reflecting a 23.33% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $88.71 billion, reflecting a 16.69% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $8.37 per share and revenue of $351.7 billion, which would represent changes of -0.36% and +8.82%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Shell. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.14% fall in the Zacks Consensus EPS estimate. Shell is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Shell's current valuation metrics, including its Forward P/E ratio of 8.4. For comparison, its industry has an average Forward P/E of 7.07, which means Shell is trading at a premium to the group.
We can additionally observe that SHEL currently boasts a PEG ratio of 1.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Oil and Gas - Integrated - International industry had an average PEG ratio of 1.81 as trading concluded yesterday.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 147, positioning it in the bottom 42% of all 250+ industries.
The Zacks Industry Rank is ordered 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.