In the latest trading session, Shell (SHEL) closed at $72.21, a -0.06% change from the previous day, lower than the S&P 500’s 1.08% gain. Over the past month, Shell’s stock rose by 3.3%, outperforming the Oil-Energy sector’s 9.19% loss and S&P 500’s 0.43% gain.

Shell is set to release its earnings on August 1, 2024, with an anticipated EPS of $1.82, a 21.33% increase from the previous year. Analysts project revenue to reach $88.62 billion, a 16.58% rise. Zacks Consensus Estimates forecast full-year earnings at $8.53 per share and revenue at $360.4 billion.

Analyst estimates for Shell have been revised recently, indicating changing business trends. Positive revisions reflect optimism about the company’s future. These estimate changes are considered in the Zacks Rank system, with Shell currently holding a rank of #3 (Hold).

With a Forward P/E ratio of 8.47, Shell is trading at a premium compared to the industry average of 7.89. The PEG ratio stands at 1.65, similar to the industry average. The Oil and Gas – Integrated – International industry has a Zacks Industry Rank of 176, placing it in the bottom 31%.

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