In recent trading session, Shell Plc ADR (NYSE:SHEL) saw 3.36 million shares changing hands at last check today with its beta currently measuring 0.61. Company’s recent per share price level of $73.49 trading at $0.83 or 1.14% at last check today assigns it a market valuation of $235.78B. That most recent trading price of SHEL’s stock is at a premium of 0.54% from its 52-week high price of $73.09 and is indicating a premium of 24.1% from its 52-week low price of $55.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.22 million shares which gives us an average trading volume of 4.62 million if we extend that period to 3-months.
Shell Plc ADR (NYSE:SHEL) trade information
Upright in the green today for gaining 1.14%, in the last five days SHEL remained trading in the green while hitting it’s week-highest on Friday, 04/12/24 when the stock touched $73.49 price level, adding 0.61% to its value on the day. Shell Plc ADR’s shares saw a change of 11.69% in year-to-date performance and have moved 3.09% in past 5-day. Shell Plc ADR (NYSE:SHEL) showed a performance of 11.84% in past 30-days. Number of shares sold short was 5.92 million shares which calculate 1.65 days to cover the short interests.
Shell Plc ADR (SHEL) estimates and forecasts
Statistics highlight that Shell Plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 10.76% of value to its shares in past 6 months, showing an annual growth rate of -3.33% while that of industry is 2.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -25.70% in the current quarter and calculating 15.30% increase in the next quarter. This year revenue growth is estimated to rise 9.00% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $82.04 billion for the same. And 1 analysts are in estimates of company making revenue of $72.35 billion in the next quarter that will end on Jun 2024. Company posted $86.96 billion and $54.44 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -5.70% while estimating it to be 32.90% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.39% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.07% while estimates for its earnings growth in next 5 years are of 4.00%.
SHEL Dividends
Shell Plc ADR is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Shell Plc ADR (NYSE:SHEL)’s Major holders
Insiders are in possession of 0.01% of company’s total shares while institution are holding 10.41 percent of that, with stock having share float percentage of 10.41%. Investors also watch the number of corporate investors in a company very closely, which is 10.41% institutions for Shell Plc ADR that are currently holding shares of the company. Dimensional Fund Advisors LP is the top institutional holder at SHEL for having 23.28 million shares of worth $1.41 billion. And as of Jun 29, 2023, it was holding 0.70% of the company’s outstanding shares.
The second largest institutional holder is FMR, LLC, which was holding about 22.53 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.68% of outstanding shares, having a total worth of $1.36 billion.
On the other hand, Fidelity Series International Value Fund and DFA International Value Series are the top two Mutual Funds which own company’s shares. As of Aug 30, 2023, the former fund manager was holding 9.52 million shares of worth $591.37 million or 0.29% of the total outstanding shares. The later fund manager was in possession of 9.02 million shares on Jul 30, 2023, making its stake of worth around $555.62 million in the company or a holder of 0.27% of company’s stock.
