In the latest trading session, Shell Oil closed at $57.71, marking a -0.89% move from the previous day. This change was narrower than the S&P 500's daily loss of 2.08%. Meanwhile, the Dow lost 2.11%, and the Nasdaq, a tech-heavy index, lost 2.27%.
Heading into today, shares of the oil and gas company had lost 5.56% over the past month, lagging the Oils-Energy sector's loss of 5.16% and the S&P 500's loss of 3.6% in that time.
Wall Street will be looking for positivity from RDS.A as it approaches its next earnings report date. This is expected to be February 7, 2019. On that day, RDS.A is projected to report earnings of $1.55 per share, which would represent year-over-year growth of 49.04%.
Investors should also note any recent changes to analyst estimates for RDS.A. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 3.45% lower. RDS.A currently has a Zacks Rank of #4 (Sell).
Digging into valuation, RDS.A currently has a Forward P/E ratio of 10.99. For comparison, its industry has an average Forward P/E of 10.1, which means RDS.A is trading at a premium to the group.
It is also worth noting that RDS.A currently has a PEG ratio of 0.81. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 1.03 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Shell Oil (RDS.A) Stock Moves -0.89%: What You Should Know
In the latest trading session, Shell Oil closed at $57.71, marking a -0.89% move from the previous day. This change was narrower than the S&P 500's daily loss of 2.08%. Meanwhile, the Dow lost 2.11%, and the Nasdaq, a tech-heavy index, lost 2.27%.
Heading into today, shares of the oil and gas company had lost 5.56% over the past month, lagging the Oils-Energy sector's loss of 5.16% and the S&P 500's loss of 3.6% in that time.
Wall Street will be looking for positivity from RDS.A as it approaches its next earnings report date. This is expected to be February 7, 2019. On that day, RDS.A is projected to report earnings of $1.55 per share, which would represent year-over-year growth of 49.04%.
Investors should also note any recent changes to analyst estimates for RDS.A. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 3.45% lower. RDS.A currently has a Zacks Rank of #4 (Sell).
Digging into valuation, RDS.A currently has a Forward P/E ratio of 10.99. For comparison, its industry has an average Forward P/E of 10.1, which means RDS.A is trading at a premium to the group.
It is also worth noting that RDS.A currently has a PEG ratio of 0.81. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 1.03 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.