Shell Plc ADR (NYSE:SHEL) has a beta value of 0.62 and has seen 0.66 million shares traded in the recent trading session. The company, currently valued at $213.03B, closed the recent trade at $66.39 per share which meant it lost -$0.08 on the day or -0.12% during that session. The SHEL stock price is -3.54% off its 52-week high price of $68.74 and 19.05% above the 52-week low of $53.74. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.71 million shares traded. The 3-month trading volume is 4.81 million shares.
Shell Plc ADR (NYSE:SHEL) trade information
Sporting -0.12% in the red today, the stock has traded in the green over the last five days, when the SHEL stock price touched $66.39 or saw a rise of 0.52%. Year-to-date, Shell Plc ADR shares have moved 0.90%, while the 5-day performance has seen it change 1.03%. Over the past 30 days, the shares of Shell Plc ADR (NYSE:SHEL) have changed 4.35%. Short interest in the company has seen 8.2 million shares shorted with days to cover at 1.28.
Shell Plc ADR (SHEL) estimates and forecasts
Figures show that Shell Plc ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 1.87% over the past 6 months, with this year growth rate of -1.79%, compared to 0.70% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -29.70% and 14.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 6.80%.
1 analysts offering their estimates for the company have set an average revenue estimate of $76.11 billion for the current quarter. 1 have an estimated revenue figure of $76.11 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $86.96 billion and $54.44 billion respectively for this quarter and the next, and analysts expect sales will shrink by -12.50% for the current quarter and 39.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 0.39% over the past 5 years. Earnings growth for 2024 is a modest -8.36% while over the next 5 years, the company’s earnings are expected to increase by 4.00%.
SHEL Dividends
Shell Plc ADR is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.59 at a share yield of 3.90%. The company’s dividend yield has gone up over the past 12 months.
Shell Plc ADR (NYSE:SHEL)’s Major holders
Insiders own 0.01% of the company shares, while shares held by institutions stand at 10.36% with a share float percentage of 10.36%. Investors are also buoyed by the number of investors in a company, with Shell Plc ADR having a total of 1,451 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 42.13 million shares worth more than $2.79 billion. As of Dec 30, 2023, FMR, LLC held 1.31% of shares outstanding.
The other major institutional holder is Fisher Asset Management, LLC, with the holding of over 22.82 million shares as of Dec 30, 2023. The firm’s total holdings are worth over $1.51 billion and represent 0.71% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series International Value Fund and DFA International Value Series. As of Jan 30, 2024, the former fund manager holds about 0.29% shares in the company for having 9.5 million shares of worth $629.62 million while later fund manager owns 9.02 million shares of worth $597.36 million as of Oct 30, 2023, which makes it owner of about 0.28% of company’s outstanding stock.
