From Nasdaq: 2025-01-24 18:15:21

In the latest trading session, Shell (SHEL) closed at $65.39, down 1.91% from the previous day, lagging behind the S&P 500. Despite this, the stock had gained 8.64% over the past month, outperforming the Oils-Energy sector. Investors are awaiting Shell’s upcoming earnings report on January 30, 2025, with projected EPS of $1.78 and revenue of $80.1 billion.

Analysts have revised estimates for Shell, reflecting current business trends. Positive estimate revisions can indicate a favorable outlook. Utilizing the Zacks Rank, which considers estimate changes, can help investors capitalize on potential share price momentum. With a Zacks Rank of #3 (Hold), Shell currently trades at a Forward P/E ratio of 9.17, slightly higher than the industry average of 9.1.

Additionally, Shell has a PEG ratio of 5.96, higher than the industry average of 1.88. The Oil and Gas – Integrated – International industry, where Shell belongs, has a Zacks Industry Rank of 84, placing it in the top 34% of industries. Industry rankings suggest potential performance trends. Investors can monitor these metrics and more on Zacks.com.

Zacks has identified a top semiconductor stock with significant growth potential, catering to the demand for Artificial Intelligence, Machine Learning, and Internet of Things. The global semiconductor market is projected to expand from $452 billion in 2021 to $803 billion by 2028. This stock presents an opportunity for investors to benefit from this growth trend.



Read more at Nasdaq: Shell (SHEL) Declines More Than Market: Some Information for Investors