Shell (SHEL) closed higher than S&P 500, analysts predict strong earnings and revenue

From Nasdaq: 2024-09-13 18:15:08

In the latest trading session, Shell (SHEL) closed at $67.45, up +0.7% from the previous day, outpacing the S&P 500. Analysts predict earnings of $1.73 per share and revenue of $86.4 billion in the upcoming report. Stock adjustments are key indicators of future performance, reflected in Shell’s Zacks Rank of #3.

Shell is trading at a Forward P/E ratio of 7.78 and a PEG ratio of 1.51, higher than industry averages. The Oil and Gas – Integrated – International industry ranks in the bottom 14%, emphasizing the need for caution in stock evaluation. Keep track of these metrics on Zacks.com for future trading decisions.

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Read more at Nasdaq: Shell (SHEL) Surpasses Market Returns: Some Facts Worth Knowing