Piper Jaffray Companies Comments on Royal Dutch Shell plc ADR’s Q1 2019 Earnings (RDS.A)

Royal Dutch Shell plc ADR (NYSE:RDS.A) – Research analysts at Piper Jaffray Companies raised their Q1 2019 EPS estimates for shares of Royal Dutch Shell in a note issued to investors on Monday, April 15th. Piper Jaffray Companies analyst B. Fernandez now anticipates that the energy company will post earnings per share of $1.06 for the quarter, up from their prior forecast of $0.94. Piper Jaffray Companies also issued estimates for Royal Dutch Shell’s Q4 2019 earnings at $1.15 EPS, FY2019 earnings at $4.45 EPS, Q1 2020 earnings at $1.22 EPS, Q2 2020 earnings at $1.30 EPS, Q3 2020 earnings at $1.32 EPS, Q4 2020 earnings at $1.29 EPS and FY2020 earnings at $5.13 EPS.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research downgraded Royal Dutch Shell from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Royal Bank of Canada downgraded Royal Dutch Shell from an “outperform” rating to a “sector perform” rating in a report on Tuesday, February 26th. Morgan Stanley downgraded Royal Dutch Shell from an “equal weight” rating to an “underweight” rating in a report on Tuesday, January 22nd. Finally, Wells Fargo & Co initiated coverage on Royal Dutch Shell in a report on Tuesday, December 18th. They set an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $82.22.

RDS.A opened at $64.30 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $269.38 billion, a price-to-earnings ratio of 12.59, a PEG ratio of 1.60 and a beta of 0.87. Royal Dutch Shell has a 12-month low of $55.04 and a 12-month high of $73.86.

Royal Dutch Shell (NYSE:RDS.A) last posted its quarterly earnings data on Thursday, January 31st. The energy company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. The business had revenue of $104.63 billion during the quarter, compared to the consensus estimate of $86.91 billion. Royal Dutch Shell had a return on equity of 10.58% and a net margin of 5.91%.

About Royal Dutch Shell

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

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