Shell stock closes higher despite market drop, analysts predict lower EPS and revenue for upcoming year.

From Nasdaq: 2024-12-19 18:15:12

In the latest trading session, Shell (SHEL) closed at $60.78, up 0.25%, outperforming the S&P 500. Over the past month, the stock lost 7.34%, exceeding the sector’s 9.43% drop. Analysts expect an EPS of $1.99 and revenue of $78.94 billion, both lower than the previous year.

Investors should monitor any changes in analyst forecasts for Shell, as these revisions impact share price momentum. The Zacks Rank, ranging from #1 (Strong Buy) to #5 (Strong Sell), rates Shell as a #3 (Hold). With a Forward P/E ratio of 7.15, Shell trades at a discount to its industry average. The company’s PEG ratio of 4.64 is higher than the industry’s average of 2.02. The Oil and Gas – Integrated – International industry, to which Shell belongs, ranks in the top 33% of all industries. The Zacks Top 10 Stocks for 2025, curated by Director of Research Sheraz Mian, will be released on January 2. Past picks have outperformed the S&P 500 by quadruple digits, making this a highly anticipated event for investors.



Read more at Nasdaq: Shell (SHEL) Gains As Market Dips: What You Should Know