Earnings and Growth Analysis : Sinopec Shanghai Petrochemical Stock Forecast, Price & News (NYSE:SHI)

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Earnings results for Sinopec Shanghai Petrochemical Stock Forecast, Price & News (NYSE:SHI)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 999 and remained the same over the past month at 999. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.92 and remained the same over the past month at 1.92 . none raised and none lowered their forecast.

Analyst Opinion on Sinopec Shanghai Petrochemical Stock Forecast, Price & News (NYSE:SHI)

4 Wall Street analysts have issued ratings and price targets for Sinopec Shanghai Petrochemical in the last 12 months. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Dividend Strength: Sinopec Shanghai Petrochemical Stock Forecast, Price & News (NYSE:SHI)

Sinopec Shanghai Petrochemical is a leading dividend payer. It pays a dividend yield of 6.61%, putting its dividend yield in the top 25% of dividend-paying stocks. Sinopec Shanghai Petrochemical does not have a long track record of dividend growth. The dividend payout ratio of Sinopec Shanghai Petrochemical is 50.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sinopec Shanghai Petrochemical will have a dividend payout ratio of 46.08% next year. This indicates that Sinopec Shanghai Petrochemical will be able to sustain or increase its dividend.

Insiders buying/selling: Sinopec Shanghai Petrochemical Stock Forecast, Price & News (NYSE:SHI)

In the past three months, Sinopec Shanghai Petrochemical insiders have not sold or bought any company stock. Only 1.00% of the stock of Sinopec Shanghai Petrochemical is held by insiders. Only 1.20% of the stock of Sinopec Shanghai Petrochemical is held by institutions.

Earnings and Valuation of Sinopec Shanghai Petrochemical Stock Forecast, Price & News (NYSE:SHI

Earnings for Sinopec Shanghai Petrochemical are expected to grow by 66.15% in the coming year, from $1.92 to $3.19 per share. The P/E ratio of Sinopec Shanghai Petrochemical is 40.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.32. The P/E ratio of Sinopec Shanghai Petrochemical is 40.45, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.12. Sinopec Shanghai Petrochemical has a PEG Ratio of 2.29. PEG Ratios above 1 indicate that a company could be overvalued. Sinopec Shanghai Petrochemical has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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