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Sea Limited Sponsored ADR (SE) Stock Moves -0.23%: What You Should Know
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Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $62.05, moving -0.23% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.56%. At the same time, the Dow lost 1.81%, and the tech-heavy Nasdaq lost 4.66%.
Prior to today's trading, shares of the company had gained 21.89% over the past month. This has outpaced the Computer and Technology sector's gain of 3.96% and the S&P 500's gain of 3.82% in that time.
Investors will be hoping for strength from Sea Limited Sponsored ADR as it approaches its next earnings release. The company is expected to report EPS of -$0.67, up 23.86% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.17 billion, up 9.67% from the year-ago period.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Within the past 30 days, our consensus EPS projection has moved 38.26% higher. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 49, which puts it in the top 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
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) Stock Moves -0.23%: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $62.05, moving -0.23% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.56%. At the same time, the Dow lost 1.81%, and the tech-heavy Nasdaq lost 4.66%.
Prior to today's trading, shares of the company had gained 21.89% over the past month. This has outpaced the Computer and Technology sector's gain of 3.96% and the S&P 500's gain of 3.82% in that time.
Investors will be hoping for strength from Sea Limited Sponsored ADR as it approaches its next earnings release. The company is expected to report EPS of -$0.67, up 23.86% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.17 billion, up 9.67% from the year-ago period.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Within the past 30 days, our consensus EPS projection has moved 38.26% higher. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 49, which puts it in the top 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.