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Sea Limited Sponsored ADR (SE) Stock Sinks As Market Gains: What You Should Know

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In the latest trading session, Sea Limited Sponsored ADR (SE - Free Report) closed at $293.79, marking a -0.04% move from the previous day. This move lagged the S&P 500's daily gain of 0.2%.

Heading into today, shares of the company had gained 4.64% over the past month, outpacing the Finance sector's gain of 0.53% and the S&P 500's gain of 3.28% in that time.

SE will be looking to display strength as it nears its next earnings release. On that day, SE is projected to report earnings of -$0.36 per share, which would represent year-over-year growth of 47.06%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.26 billion, up 75.88% from the year-ago period.

SE's full-year Zacks Consensus Estimates are calling for earnings of -$1.40 per share and revenue of $9.72 billion. These results would represent year-over-year changes of +49.64% and +65.45%, respectively.

Investors might also notice recent changes to analyst estimates for SE. 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. Within the past 30 days, our consensus EPS projection has moved 2.46% lower. SE is currently a Zacks Rank #4 (Sell).

The Financial - Investment Funds industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 197, which puts it in the bottom 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.


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