Back to top

Image: Bigstock

Sea Limited Sponsored ADR (SE) Stock Moves -0.28%: What You Should Know

Read MoreHide Full Article

Sea Limited Sponsored ADR (SE - Free Report) closed at $68.35 in the latest trading session, marking a -0.28% move from the prior day. This change was narrower than the S&P 500's 1.11% loss on the day. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 2.13%.

Coming into today, shares of the company had gained 26.43% in the past month. In that same time, the Computer and Technology sector gained 17.35%, while the S&P 500 gained 7%.

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 -$0.67, 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.

Investors should also note any recent changes to analyst estimates for Sea Limited Sponsored ADR. These revisions help to show the ever-changing nature of 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. The Zacks Consensus EPS estimate remained stagnant within the past month. Sea Limited Sponsored ADR currently has 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 81, which puts it in the top 33% 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.

To follow SE in the coming trading sessions, be sure to utilize 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