Royal Dutch Shell (NYSE:RDS.A) announced its quarterly earnings data on Thursday. The energy company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.23) by $0.39, MarketWatch Earnings reports. The firm had revenue of $32.50 billion during the quarter, compared to the consensus estimate of $53.70 billion. Royal Dutch Shell had a positive return on equity of 5.93% and a negative net margin of 4.22%. The business’s revenue for the quarter was down 64.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS.
Shares of RDS.A traded down $1.03 during trading hours on Friday, hitting $29.81. The stock had a trading volume of 9,047,381 shares, compared to its average volume of 5,193,436. The company’s fifty day moving average is $33.13 and its two-hundred day moving average is $38.58. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.11 and a quick ratio of 0.93. Royal Dutch Shell has a 52 week low of $21.25 and a 52 week high of $63.59. The stock has a market capitalization of $116.37 billion, a price-to-earnings ratio of 10.57, a P/E/G ratio of 7.95 and a beta of 0.80.
Several equities research analysts recently issued reports on RDS.A shares. Zacks Investment Research raised Royal Dutch Shell from a “hold” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research note on Wednesday, July 1st. Citigroup reaffirmed a “sell” rating on shares of Royal Dutch Shell in a research report on Friday, May 1st. Morgan Stanley reaffirmed an “equal weight” rating on shares of Royal Dutch Shell in a research report on Monday, April 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Royal Dutch Shell in a research report on Wednesday, July 15th. Finally, Panmure Gordon lowered Royal Dutch Shell from a “buy” rating to a “hold” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $57.00.
Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream 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.
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