Shell (NYSE:SHEL - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect Shell to post earnings of $1.74 per share and revenue of $65.02 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.
Shell (NYSE:SHEL - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The energy company reported $1.20 EPS for the quarter, missing analysts' consensus estimates of $1.74 by ($0.54). Shell had a net margin of 5.17% and a return on equity of 14.54%. On average, analysts expect Shell to post $8 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shell Stock Performance
Shares of Shell stock traded down $0.84 during midday trading on Friday, hitting $65.82. The company had a trading volume of 5,135,138 shares, compared to its average volume of 4,380,682. The stock has a market cap of $201.23 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 6.46 and a beta of 0.55. The company has a quick ratio of 1.13, a current ratio of 1.40 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $64.18 and a 200 day simple moving average of $67.41. Shell has a 12-month low of $60.15 and a 12-month high of $74.61.
Analyst Ratings Changes
A number of brokerages recently issued reports on SHEL. Morgan Stanley upgraded Shell from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $66.50 to $79.80 in a research note on Tuesday, January 7th. Sanford C. Bernstein raised shares of Shell to a "strong-buy" rating in a research report on Friday, October 11th. Scotiabank reduced their target price on shares of Shell from $90.00 to $80.00 and set a "sector outperform" rating for the company in a report on Thursday, October 10th. Piper Sandler lowered their price target on shares of Shell from $82.00 to $72.00 and set an "overweight" rating on the stock in a report on Thursday, December 19th. Finally, Wells Fargo & Company decreased their price objective on Shell from $86.00 to $82.00 and set an "overweight" rating for the company in a report on Friday. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $79.11.
Read Our Latest Analysis on SHEL
About Shell
(
Get Free Report)
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.
See Also
Before you consider Shell, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shell wasn't on the list.
While Shell currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
