Shell Plc ADR (NYSE:SHEL): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Shell Plc ADR (NYSE:SHEL) last traded at $64.60, down -2.05% from the previous session.

Data from the available sources indicates that Shell Plc ADR (NYSE:SHEL) is covered by 28 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $88.00 and a low of $66.00, we find $76.85. Given the previous closing price of $65.95, this indicates a potential upside of 16.53 percent. SHEL stock price is now -1.37% away from the 50-day moving average and 4.99% away from the 200-day moving average. The market capitalization of the company currently stands at $212.15B.

In total, 6 analysts have assigned it a hold rating, and 20 have given it a buy rating. Brokers who have rated the stock have averaged $76.72 as their price target over the next twelve months.

A total of 0.18% of the company’s stock is owned by insiders.

With an opening price of $64.66 on Thursday morning, Shell Plc ADR (NYSE: SHEL) set off the trading day. During the past 12 months, Shell Plc ADR has had a low of $52.47 and a high of $68.74. As of last week, the company has a debt-to-equity ratio of 0.43, a current ratio of 1.47, and a quick ratio of 1.15. The fifty day moving average price for SHEL is $65.53 and a two-hundred day moving average price translates $61.62 for the stock.

The latest earnings results from Shell Plc ADR (NYSE: SHEL) was released for Sep, 2023. According to the Oil & Gas Integrated Company, earnings per share came in at $1.86, beating analysts’ expectations of $1.83 by 0.03. This compares to $1.87 EPS in the same period last year. The net profit margin was 9.26% and return on equity was 15.51% for SHEL. The company reported revenue of $78.01 billion for the quarter, compared to $98.76 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -21.01 percent. For the current quarter, analysts expect SHEL to generate $83.76B in revenue.

Shell Plc ADR(SHEL) Company Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.

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