Back to top

Image: Bigstock

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

Read MoreHide Full Article

In the latest trading session, Sea Limited Sponsored ADR (SE - Free Report) closed at $54.60, marking a +1.17% move from the previous day. This move outpaced the S&P 500's daily loss of 0.21%. At the same time, the Dow lost 0.43%, and the tech-heavy Nasdaq gained 0.01%.

Prior to today's trading, shares of the company had lost 12.02% over the past month. This has lagged the Computer and Technology sector's loss of 11.89% and the S&P 500's loss of 9.7% in that time.

Wall Street will be looking for positivity from Sea Limited Sponsored ADR as it approaches its next earnings report date. The company is expected to report EPS of -$0.84, unchanged from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.89 billion, up 2.73% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$3.56 per share and revenue of $12.17 billion. These totals would mark changes of -20.27% and +18.96%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for Sea Limited Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.05% higher. Sea Limited Sponsored ADR currently has 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 96, putting it in the top 39% 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Sea Limited Sponsored ADR (SE) - free report >>

Published in