Shell Plc ADR (NYSE:SHEL) traded at $72.17 at last check on Tuesday, April 30, made a downward move of -1.30% on its previous day’s price.
Looking at the stock we see that its previous close was $73.12. The company has a trailing 12-month PE ratio of 12.79. In terms of its 52-week price range, SHEL has a high of $73.94 and a low of $55.78. The company’s stock has gained about 6.26% over that past 30 days.
Shell Plc ADR has a market cap of $231.55 billion. With its Forward Dividend at 2.59 and a yield of 3.58%, the company’s investors could be anxious for the SHEL stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $1.86, with the EPS growth for the year raised at $7.94 for 2024 and $8.49 for next year. These figures represent -4.50% and 6.90% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $82.04 billion, with a low of $82.04 billion and a high of $82.04 billion. The median projection represents growth adding up to -5.70% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $349.37 billion, or 10.30% up from figures reported last year.
On the other hand, looking at the outlook for the SHEL stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the SHEL stock currently stands at 3.20, and the most recent price level today is 0.38% off its SMA20 and 6.55% from its 50-day simple moving average. The RSI (14) is pointing at 62.46 while the volatility over the past week is 0.99% and jumps to 1.45% over the past one month. The beta value is 0.60, while the average true range (ATR) is currently pointing at 0.94.
Coming back to Shell Plc ADR (NYSE:SHEL), we note that the average 3-month trading volume was 4.55 million. Current shares outstanding are 3.25 billion.
The insiders hold 0.07% of the company’s shares while institutions hold 10.31%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 9.68% up in year-to-date price movement.
