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Sea Limited Sponsored ADR (SE) Outpaces Stock Market Gains: What You Should Know
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Sea Limited Sponsored ADR (SE - Free Report) closed at $61.18 in the latest trading session, marking a +1.7% move from the prior day. This move outpaced the S&P 500's daily gain of 0.03%. At the same time, the Dow added 0.01%, and the tech-heavy Nasdaq lost 1.37%.
Heading into today, shares of the company had gained 1.13% over the past month, lagging the Computer and Technology sector's gain of 1.16% and the S&P 500's gain of 3.43% in that time.
Investors will be hoping for strength from Sea Limited Sponsored ADR as it approaches its next earnings release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of $0.75 per share. This would mark year-over-year growth of 172.82%. Our most recent consensus estimate is calling for quarterly revenue of $3.17 billion, up 15.02% from the year-ago period.
SE's full-year Zacks Consensus Estimates are calling for earnings of $3.73 per share and revenue of $14.04 billion. These results would represent year-over-year changes of +389.15% and +23.94%, respectively.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sea Limited Sponsored ADR is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 16.13. This valuation marks a discount compared to its industry's average Forward P/E of 43.5.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 77, which puts it in the top 31% 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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Sea Limited Sponsored ADR (SE) Outpaces Stock Market Gains: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed at $61.18 in the latest trading session, marking a +1.7% move from the prior day. This move outpaced the S&P 500's daily gain of 0.03%. At the same time, the Dow added 0.01%, and the tech-heavy Nasdaq lost 1.37%.
Heading into today, shares of the company had gained 1.13% over the past month, lagging the Computer and Technology sector's gain of 1.16% and the S&P 500's gain of 3.43% in that time.
Investors will be hoping for strength from Sea Limited Sponsored ADR as it approaches its next earnings release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of $0.75 per share. This would mark year-over-year growth of 172.82%. Our most recent consensus estimate is calling for quarterly revenue of $3.17 billion, up 15.02% from the year-ago period.
SE's full-year Zacks Consensus Estimates are calling for earnings of $3.73 per share and revenue of $14.04 billion. These results would represent year-over-year changes of +389.15% and +23.94%, respectively.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sea Limited Sponsored ADR is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 16.13. This valuation marks a discount compared to its industry's average Forward P/E of 43.5.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 77, which puts it in the top 31% 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.