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Sea Limited Sponsored ADR (SE) Gains As Market Dips: What You Should Know
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Sea Limited Sponsored ADR (SE - Free Report) closed at $49.68 in the latest trading session, marking a +0.28% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.75%. Elsewhere, the Dow lost 0.39%, while the tech-heavy Nasdaq added 0.13%.
Coming into today, shares of the company had lost 11.62% in the past month. In that same time, the Computer and Technology sector gained 0.71%, while the S&P 500 gained 4.98%.
Wall Street will be looking for positivity from Sea Limited Sponsored ADR as it approaches its next earnings report date. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of -$0.84 per share. This would mark no growth from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$3.56 per share and revenue of $12.14 billion, which would represent changes of -20.27% and +18.7%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Sea Limited Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.19% lower. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #3 (Hold).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 88, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Sea Limited Sponsored ADR (SE) Gains As Market Dips: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed at $49.68 in the latest trading session, marking a +0.28% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.75%. Elsewhere, the Dow lost 0.39%, while the tech-heavy Nasdaq added 0.13%.
Coming into today, shares of the company had lost 11.62% in the past month. In that same time, the Computer and Technology sector gained 0.71%, while the S&P 500 gained 4.98%.
Wall Street will be looking for positivity from Sea Limited Sponsored ADR as it approaches its next earnings report date. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of -$0.84 per share. This would mark no growth from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$3.56 per share and revenue of $12.14 billion, which would represent changes of -20.27% and +18.7%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Sea Limited Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.19% lower. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #3 (Hold).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 88, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.