Shell stock outperformed the S&P 500, expected to report rise in EPS and revenue.

From Nasdaq: 2024-05-31 18:15:08

Shell (SHEL) stock closed at $72.78, up 1.86% from the previous day, outperforming the S&P 500. Over the past month, Shell dropped by 0.92%, underperforming the sector but is expected to report a 23.33% rise in EPS and a 16.69% increase in revenue compared to the previous year. Analysts’ estimates reflect positivity towards the company.

With a Zacks Rank of #3 (Hold), Shell has a Forward P/E ratio of 8.53 and a PEG ratio of 1.84. The Oil and Gas – Integrated – International industry is ranked 101 out of over 250. Zacks recommends monitoring these stock-impacting metrics and industry rankings in upcoming trading sessions for informed decisions.

Experts have identified 7 elite stocks, including Shell, as the “Most Likely for Early Price Pops.” These stocks have historically outperformed the market, yielding an average annual return of +24.2% since 1988. Investors are encouraged to consider these hand-picked selections for potential growth opportunities.



Read more at Nasdaq: Shell (SHEL) Beats Stock Market Upswing: What Investors Need to Know