Shell (SHEL) Exceeds Market Returns: Some Facts to Consider

Company Performance - Shell's stock increased by 1.02% to $72.65, outperforming the S&P 500's daily gain of 0.3% [1] - Over the past month, Shell's stock has decreased by 0.46%, underperforming the Oils-Energy sector's gain of 1.33% and the S&P 500's gain of 2.09% [1] Financial Expectations - Shell is expected to report an EPS of $1.46, reflecting a decline of 23.96% from the same quarter last year [2] - Revenue is anticipated to be $73.69 billion, indicating a 1.69% increase from the prior-year quarter [2] Full-Year Estimates - The full-year Zacks Consensus Estimates project earnings of $6.09 per share and revenue of $282.18 billion, representing year-over-year changes of -19.02% and -2.37%, respectively [3] - Recent analyst estimate revisions are crucial as they reflect near-term business trends and can indicate analyst optimism about profitability [3] Valuation Metrics - Shell's Forward P/E ratio is currently 11.81, which is higher than the industry average of 10.52 [6] - The PEG ratio for Shell stands at 1.89, compared to the industry average PEG ratio of 1.83 [6] Industry Context - The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector and holds a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries [7] - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [7]