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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 the most recent trading day at $124.78, moving +1.59% from the previous trading session. This change outpaced the S&P 500's 0.03% gain on the day. Elsewhere, the Dow saw a downswing of 0.58%, while the tech-heavy Nasdaq appreciated by 0.28%.
Coming into today, shares of the company had lost 2.71% in the past month. In that same time, the Computer and Technology sector gained 0.43%, while the S&P 500 gained 0.6%.
Market participants will be closely following the financial results of Sea Limited Sponsored ADR in its upcoming release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of $0.91 per share. This would mark year-over-year growth of 46.77%. At the same time, our most recent consensus estimate is projecting a revenue of $6.69 billion, reflecting a 34.52% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.54 per share and revenue of $23.28 billion, indicating changes of +110.71% and 0%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sea Limited Sponsored ADR. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 #5 (Strong Sell).
In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 21.78. This represents a discount compared to its industry average Forward P/E of 23.85.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 69, placing it within the top 29% of over 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.
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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 the most recent trading day at $124.78, moving +1.59% from the previous trading session. This change outpaced the S&P 500's 0.03% gain on the day. Elsewhere, the Dow saw a downswing of 0.58%, while the tech-heavy Nasdaq appreciated by 0.28%.
Coming into today, shares of the company had lost 2.71% in the past month. In that same time, the Computer and Technology sector gained 0.43%, while the S&P 500 gained 0.6%.
Market participants will be closely following the financial results of Sea Limited Sponsored ADR in its upcoming release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of $0.91 per share. This would mark year-over-year growth of 46.77%. At the same time, our most recent consensus estimate is projecting a revenue of $6.69 billion, reflecting a 34.52% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.54 per share and revenue of $23.28 billion, indicating changes of +110.71% and 0%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sea Limited Sponsored ADR. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 #5 (Strong Sell).
In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 21.78. This represents a discount compared to its industry average Forward P/E of 23.85.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 69, placing it within the top 29% of over 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.