We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Sea Limited Sponsored ADR (SE) Outpaces Stock Market Gains: What You Should Know
Read MoreHide Full Article
Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $184.22, moving +1.21% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.
Shares of the company witnessed a gain of 0.57% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 8.78%, and the S&P 500's gain of 3.94%.
The investment community will be closely monitoring the performance of Sea Limited Sponsored ADR in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.11, marking a 105.56% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.84 billion, indicating a 36.81% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.04 per share and a revenue of $23.2 billion, signifying shifts of +140.48% and +36.97%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.34% increase. Currently, Sea Limited Sponsored ADR is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Sea Limited Sponsored ADR currently has a Forward P/E ratio of 45.05. This signifies a premium in comparison to the average Forward P/E of 29.57 for its industry.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 56, putting it in the top 23% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Sea Limited Sponsored ADR (SE) Outpaces Stock Market Gains: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $184.22, moving +1.21% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.
Shares of the company witnessed a gain of 0.57% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 8.78%, and the S&P 500's gain of 3.94%.
The investment community will be closely monitoring the performance of Sea Limited Sponsored ADR in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.11, marking a 105.56% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.84 billion, indicating a 36.81% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.04 per share and a revenue of $23.2 billion, signifying shifts of +140.48% and +36.97%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.34% increase. Currently, Sea Limited Sponsored ADR is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Sea Limited Sponsored ADR currently has a Forward P/E ratio of 45.05. This signifies a premium in comparison to the average Forward P/E of 29.57 for its industry.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 56, putting it in the top 23% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.