Royal Dutch Shell plc ADR to Post FY2018 Earnings of $5.50 Per Share, Piper Jaffray Companies Forecasts (RDS.A)

Share on StockTwits

Royal Dutch Shell plc ADR (NYSE:RDS.A) – Stock analysts at Piper Jaffray Companies upped their FY2018 earnings per share (EPS) estimates for Royal Dutch Shell in a research note issued on Tuesday, November 6th. Piper Jaffray Companies analyst B. Fernandez now anticipates that the energy company will post earnings per share of $5.50 for the year, up from their prior forecast of $5.25. Piper Jaffray Companies currently has a “Neutral” rating on the stock. Piper Jaffray Companies also issued estimates for Royal Dutch Shell’s Q4 2018 earnings at $1.71 EPS, Q1 2019 earnings at $1.58 EPS, Q2 2019 earnings at $1.61 EPS, Q3 2019 earnings at $1.60 EPS, Q4 2019 earnings at $1.57 EPS, FY2019 earnings at $6.35 EPS, Q1 2020 earnings at $1.60 EPS, Q2 2020 earnings at $1.64 EPS and FY2020 earnings at $6.47 EPS.

Royal Dutch Shell (NYSE:RDS.A) last posted its earnings results on Thursday, November 1st. The energy company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.43 by ($0.07). Royal Dutch Shell had a return on equity of 9.95% and a net margin of 5.74%. The firm had revenue of $101.55 billion during the quarter. During the same period last year, the business posted $0.50 EPS. The company’s revenue was up 30.6% compared to the same quarter last year.

Other research analysts have also recently issued reports about the stock. Citigroup upgraded shares of Royal Dutch Shell from a “sell” rating to a “neutral” rating in a report on Wednesday, October 3rd. Raymond James upgraded shares of Royal Dutch Shell from a “market perform” rating to an “outperform” rating in a report on Thursday, July 19th. Wolfe Research started coverage on shares of Royal Dutch Shell in a report on Friday, September 28th. They issued an “outperform” rating and a $88.00 price objective for the company. Jefferies Financial Group reiterated a “buy” rating on shares of Royal Dutch Shell in a report on Friday, July 27th. Finally, Morgan Stanley cut shares of Royal Dutch Shell from an “overweight” rating to an “equal weight” rating in a report on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. Royal Dutch Shell has an average rating of “Hold” and a consensus target price of $81.85.

NYSE RDS.A opened at $62.77 on Wednesday. Royal Dutch Shell has a 52 week low of $60.53 and a 52 week high of $73.86. The company has a quick ratio of 0.87, a current ratio of 1.20 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $264.67 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 0.84 and a beta of 1.01.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 19th. Stockholders of record on Friday, November 16th will be issued a $0.799 dividend. This represents a $3.20 annualized dividend and a dividend yield of 5.09%. The ex-dividend date is Thursday, November 15th. Royal Dutch Shell’s dividend payout ratio (DPR) is presently 83.33%.

Royal Dutch Shell Company Profile

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment manages liquefied natural gas activities and the conversion of natural gas into gas to liquids fuels and other products.

See Also: How Buying a Call Option Works

Earnings History and Estimates for Royal Dutch Shell (NYSE:RDS.A)

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply