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Sea Limited Sponsored ADR (SE) Gains But Lags Market: What You Should Know
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Sea Limited Sponsored ADR (SE - Free Report) closed at $297 in the latest trading session, marking a +0.02% move from the prior day. This change lagged the S&P 500's 0.25% gain on the day.
Heading into today, shares of the company had gained 5.7% over the past month, outpacing the Finance sector's gain of 2.35% and the S&P 500's gain of 1.65% in that time.
Investors will be hoping for strength from SE as it approaches its next earnings release. The company is expected to report EPS of -$0.36, up 47.06% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.26 billion, up 75.88% from the prior-year quarter.
SE's full-year Zacks Consensus Estimates are calling for earnings of -$1.40 per share and revenue of $9.78 billion. These results would represent year-over-year changes of +49.64% and +66.48%, respectively.
Investors might also notice recent changes to analyst estimates for SE. Recent revisions tend to reflect the latest 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. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. SE currently has a Zacks Rank of #3 (Hold).
The Financial - Investment Funds industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 228, which puts it in the bottom 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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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Sea Limited Sponsored ADR (SE) Gains But Lags Market: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed at $297 in the latest trading session, marking a +0.02% move from the prior day. This change lagged the S&P 500's 0.25% gain on the day.
Heading into today, shares of the company had gained 5.7% over the past month, outpacing the Finance sector's gain of 2.35% and the S&P 500's gain of 1.65% in that time.
Investors will be hoping for strength from SE as it approaches its next earnings release. The company is expected to report EPS of -$0.36, up 47.06% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.26 billion, up 75.88% from the prior-year quarter.
SE's full-year Zacks Consensus Estimates are calling for earnings of -$1.40 per share and revenue of $9.78 billion. These results would represent year-over-year changes of +49.64% and +66.48%, respectively.
Investors might also notice recent changes to analyst estimates for SE. Recent revisions tend to reflect the latest 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. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. SE currently has a Zacks Rank of #3 (Hold).
The Financial - Investment Funds industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 228, which puts it in the bottom 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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.