As of Thursday close, Shell plc’s (NYSE:SHEL) stock was down -$1.15, moving down -1.93 percent to $58.39. The average number of shares traded per day over the past five days has been 3,926,700 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.67 fall in that time frame. In the last twenty days, the average volume was 4,322,935, while in the previous 50 days, it was 4,808,394.
Since last month, SHEL stock retreated -3.47%. Shares of the company fell to $57.94 on 05/25/23, the lowest level in the past month. A 52-week high of $62.75 was reached on 02/14/23 after having rallying from a 52-week low of $44.90. Since the beginning of this year, SHEL’s stock price has risen by 2.53% or $1.44, and marked a new high 11 times. However, the stock has declined by -6.95% since its 52-week high.
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Valuation Metrics
Right now, Shell plc (SHEL) has a P/E ratio of about 4.84. The stock’s beta is 0.65. Besides these, the trailing price-to-sales (P/S) ratio of 0.51, the price-to-book (PB) ratio of 1.04, and the price-to-cash flow ratio of 5.47 may also be considered.
The latest dividend of $0.5750 per share was paid out, remained unchanged from last year’s $0.5750. On Thursday February 2 2023, a $0.0750 dividend increase was announced.
Financial Health
In the three months ended December 30, Shell plc’s quick ratio stood at 1.20, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.39, and the total debt-to-equity ratio was 0.44. On the profitability front, the trailing twelve-month gross margin is 25.60% percent. In the year ended December 30, EBITDA margin amounted to 18.95%, whereas operating margins totaled 16.80%. Based on annual data, SHEL earned $100.48 billion in gross profit and brought in $386.2 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.60%. Return on equity (ROE) for the past 12 months was 23.10%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SHEL’s revenue rose 31.42% during the quarter, while net income inched up to $381.31 billion. While analysts expected Shell plc to report $2.24 quarterly earnings, the actual figure was $2.75 per share, beating the consensus estimate by 22.80%. During the quarter, the company generated $21.8 billion in EBITDA. The liabilities of Shell plc were 233.62 billion at the end of its most recent quarter ended December 30, and its total debt was $85.14 billion.
Technical Picture
This quick technical analysis looks at Shell plc’s (SHEL) price momentum. With a historical volatility rate of 18.66%, the RSI 9-day stood at 33.92% on 25 May.
With respect to its five-day moving average, the current Shell plc price is down by -2.78% percent or -$1.67. At present, SHEL shares trade -3.77% below its 20-day simple moving average and +2.53% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.11% above its SMA50 and +11.18% above its SMA200.
Stochastic coefficient K was 21.46% and Stochastic coefficient D was 35.02%, while ATR was 1.11. Given the Stochastic reading of 11.14% for the 14-day period, the RSI (14) reading has been calculated as 39.80%. As of today, the MACD Oscillator reading stands at -0.62, while the 14-day reading stands at -0.84.
Analyst Ratings
Shell plc (SHEL) has been rated Overweight by analysts. According to 1 brokerage firm, SHEL is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Shell plc stock as buy, with 21 recommending it as overweight.
With a median target price of $74.20, the current consensus forecast for the stock is $66.00 – $86.00. Based on these forecasts, analysts predict Shell plc (SHEL) will achieve an average price target of $74.84.