Shell Oil (RDS.A - Free Report) closed the most recent trading day at $61.81, moving -0.75% from the previous trading session. This change was narrower than the S&P 500's 1.32% loss on the day. Elsewhere, the Dow lost 1.41%, while the tech-heavy Nasdaq lost 1.51%.
Heading into today, shares of the oil and gas company had lost 2.23% over the past month, outpacing the Oils-Energy sector's loss of 6.95% and the S&P 500's loss of 5.09% in that time.
RDS.A will be looking to display strength as it nears its next earnings release. In that report, analysts expect RDS.A to post earnings of $1.35 per share. This would mark year-over-year growth of 20.54%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $71.52 billion, down 27.95% from the year-ago period.
RDS.A's full-year Zacks Consensus Estimates are calling for earnings of $5.70 per share and revenue of $317.02 billion. These results would represent year-over-year changes of +10.47% and -19.77%, respectively.
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. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 5.17% higher within the past month. RDS.A is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, RDS.A currently has a Forward P/E ratio of 10.93. This represents a discount compared to its industry's average Forward P/E of 10.98.
We can also see that RDS.A currently has a PEG ratio of 1.29. 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 1.7 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 178, putting it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RDS.A in the coming trading sessions, be sure to utilize Zacks.com.