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Sea Limited Sponsored ADR (SE) Falls More Steeply Than Broader Market: What Investors Need to Know
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The latest trading session saw Sea Limited Sponsored ADR (SE - Free Report) ending at $44.47, denoting a -0.31% adjustment from its last day's close. This change lagged the S&P 500's 0.17% loss on the day. Elsewhere, the Dow saw a downswing of 0.58%, while the tech-heavy Nasdaq appreciated by 0.27%.
Prior to today's trading, shares of the company had gained 24.06% over the past month. This has outpaced the Computer and Technology sector's loss of 2.16% and the S&P 500's loss of 3.95% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.55, signifying a 183.33% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $3.26 billion, reflecting a 11.48% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.49 per share and revenue of $13.17 billion, which would represent changes of +293.02% and +16.28%, respectively, from the prior year.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.73% lower. Sea Limited Sponsored ADR currently has a Zacks Rank of #4 (Sell).
Investors should also note Sea Limited Sponsored ADR's current valuation metrics, including its Forward P/E ratio of 17.92. For comparison, its industry has an average Forward P/E of 35.87, which means Sea Limited Sponsored ADR is trading at a discount to the group.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 70, putting it in the top 28% 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) Falls More Steeply Than Broader Market: What Investors Need to Know
The latest trading session saw Sea Limited Sponsored ADR (SE - Free Report) ending at $44.47, denoting a -0.31% adjustment from its last day's close. This change lagged the S&P 500's 0.17% loss on the day. Elsewhere, the Dow saw a downswing of 0.58%, while the tech-heavy Nasdaq appreciated by 0.27%.
Prior to today's trading, shares of the company had gained 24.06% over the past month. This has outpaced the Computer and Technology sector's loss of 2.16% and the S&P 500's loss of 3.95% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.55, signifying a 183.33% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $3.26 billion, reflecting a 11.48% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.49 per share and revenue of $13.17 billion, which would represent changes of +293.02% and +16.28%, respectively, from the prior year.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.73% lower. Sea Limited Sponsored ADR currently has a Zacks Rank of #4 (Sell).
Investors should also note Sea Limited Sponsored ADR's current valuation metrics, including its Forward P/E ratio of 17.92. For comparison, its industry has an average Forward P/E of 35.87, which means Sea Limited Sponsored ADR is trading at a discount to the group.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 70, putting it in the top 28% 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.