Erste Group Bank Issues Positive Outlook for Shell Earnings

Key Points

• Erste Group Bank raised its FY2026 EPS forecast for Shell to $12.92 from $12.36, above the $11.86 consensus estimate, while maintaining a “Buy” rating. The bank forecasts FY2027 EPS of $10.56.
• Shell’s shares opened at $107.02, near their 52-week high of $108.43, with a market capitalization of approximately $306.6 billion and a P/E ratio of 11.81.
• Shell recently exceeded quarterly expectations, reporting $3.52 EPS versus the $3.23 consensus and revenue of $94.66 billion versus the $86.22 billion estimate. Analysts collectively rate the stock “Moderate Buy,” with a consensus target price of $106.63.

Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) - Equities research analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for Shell in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the energy company will earn $12.92 per share for the year, up from their prior forecast of $12.36. Erste Group Bank currently has a "Buy" rating on the stock. The consensus estimate for Shell's current full-year earnings is $11.86 per share. Erste Group Bank also issued estimates for Shell's FY2027 earnings at $10.56 EPS.

SHEL has been the topic of a number of other research reports. Wall Street Zen raised Shell from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Mizuho set a $103.00 target price on shares of Shell in a report on Monday, October 12th. HSBC reiterated a "buy" rating on shares of Shell in a report on Friday, September 25th. Piper Sandler increased their price objective on shares of Shell from $89.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, September 3rd. Finally, UBS Group set a $90.00 price objective on shares of Shell in a report on Friday, September 25th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.63.

Shell Stock Performance

NYSE SHEL opened at $107.02 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.43 and a quick ratio of 1.12. The company has a market cap of $306.58 billion, a P/E ratio of 11.81, a P/E/G ratio of 0.89 and a beta of 0.10. The stock has a 50-day moving average of $96.97 and a two-hundred day moving average of $87.46. Shell has a 1-year low of $68.63 and a 1-year high of $108.43.

Shell (NYSE:SHEL - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.23 by $0.29. Shell had a net margin of 8.55% and a return on equity of 14.34%. The business had revenue of $94.66 billion during the quarter, compared to the consensus estimate of $86.22 billion.

Institutional Trading of Shell

A number of hedge funds have recently bought and sold shares of the company. SYM FINANCIAL Corp purchased a new position in Shell in the third quarter valued at approximately $283,000. Angeles Wealth Management LLC increased its position in shares of Shell by 3.5% in the third quarter. Angeles Wealth Management LLC now owns 6,728 shares of the energy company's stock worth $639,000 after acquiring an additional 228 shares in the last quarter. DMC Group LLC increased its position in shares of Shell by 47.0% in the third quarter. DMC Group LLC now owns 9,773 shares of the energy company's stock worth $929,000 after acquiring an additional 3,125 shares in the last quarter. Penobscot Investment Management Company Inc. purchased a new position in shares of Shell in the 3rd quarter valued at $240,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Shell by 3.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 49,441 shares of the energy company's stock valued at $4,699,000 after acquiring an additional 1,693 shares in the last quarter. Institutional investors and hedge funds own 28.60% of the company's stock.

About Shell

Shell plc is a global energy company headquartered in London, England. Its operations span the energy value chain, including the exploration, production, processing, trading and marketing of oil and natural gas. The company is also a major participant in liquefied natural gas (LNG), refining, chemicals and energy-related products.

Shell sells fuels, lubricants and other petroleum products through branded retail and commercial businesses, while also providing services to industrial, marine and aviation customers.

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