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Sea Limited Sponsored ADR (SE) Declines More Than Market: Some Information for Investors
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In the latest trading session, Sea Limited Sponsored ADR (SE - Free Report) closed at $186.89, marking a -1.15% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.57%, and the Nasdaq, a tech-heavy index, lost 0.33%.
The company's stock has climbed by 5.48% in the past month, falling short of the Computer and Technology sector's gain of 5.94% and outpacing the S&P 500's gain of 2.57%.
Investors will be eagerly watching for the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.11, reflecting a 105.56% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.84 billion, showing a 36.81% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.04 per share and revenue of $23.2 billion, indicating changes of +140.48% and +36.97%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.61% rise in the Zacks Consensus EPS estimate. At present, Sea Limited Sponsored ADR boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Sea Limited Sponsored ADR is at present trading with a Forward P/E ratio of 46.8. This signifies a premium in comparison to the average Forward P/E of 31.68 for its industry.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 29% 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) Declines More Than Market: Some Information for Investors
In the latest trading session, Sea Limited Sponsored ADR (SE - Free Report) closed at $186.89, marking a -1.15% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow gained 0.57%, and the Nasdaq, a tech-heavy index, lost 0.33%.
The company's stock has climbed by 5.48% in the past month, falling short of the Computer and Technology sector's gain of 5.94% and outpacing the S&P 500's gain of 2.57%.
Investors will be eagerly watching for the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.11, reflecting a 105.56% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $5.84 billion, showing a 36.81% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.04 per share and revenue of $23.2 billion, indicating changes of +140.48% and +36.97%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.61% rise in the Zacks Consensus EPS estimate. At present, Sea Limited Sponsored ADR boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Sea Limited Sponsored ADR is at present trading with a Forward P/E ratio of 46.8. This signifies a premium in comparison to the average Forward P/E of 31.68 for its industry.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 29% 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.