Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $307.14, moving +1.46% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.09%.
Prior to today's trading, shares of the company had gained 9.8% over the past month. This has outpaced the Finance sector's gain of 2.49% and the S&P 500's gain of 2.28% in that time.
Wall Street will be looking for positivity from SE as it approaches its next earnings report date. In that report, analysts expect SE to post earnings of -$0.36 per share. This would mark year-over-year growth of 47.06%. Our most recent consensus estimate is calling for quarterly revenue of $2.26 billion, up 75.88% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.40 per share and revenue of $9.78 billion, which would represent changes of +49.64% and +66.48%, respectively, from the prior year.
Any recent changes to analyst estimates for SE should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.66% higher within the past month. SE is currently sporting a Zacks Rank of #3 (Hold).
The Financial - Investment Funds industry is part of the Finance sector. This group has a Zacks Industry Rank of 57, putting it in the top 23% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $307.14, moving +1.46% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.09%.
Prior to today's trading, shares of the company had gained 9.8% over the past month. This has outpaced the Finance sector's gain of 2.49% and the S&P 500's gain of 2.28% in that time.
Wall Street will be looking for positivity from SE as it approaches its next earnings report date. In that report, analysts expect SE to post earnings of -$0.36 per share. This would mark year-over-year growth of 47.06%. Our most recent consensus estimate is calling for quarterly revenue of $2.26 billion, up 75.88% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.40 per share and revenue of $9.78 billion, which would represent changes of +49.64% and +66.48%, respectively, from the prior year.
Any recent changes to analyst estimates for SE should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.66% higher within the past month. SE is currently sporting a Zacks Rank of #3 (Hold).
The Financial - Investment Funds industry is part of the Finance sector. This group has a Zacks Industry Rank of 57, putting it in the top 23% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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