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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 $85.42 in the latest trading session, marking a +2.48% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%.
Prior to today's trading, shares of the company had gained 4.37% lagged the Computer and Technology sector's gain of 12.05% and the S&P 500's gain of 8.11%.
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 $1.03, reflecting a 19.77% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.95 billion, up 35.75% from the year-ago period.
SE's full-year Zacks Consensus Estimates are calling for earnings of $4.53 per share and revenue of $29.95 billion. These results would represent year-over-year changes of +37.69% and +27.54%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Sea Limited Sponsored ADR presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Sea Limited Sponsored ADR is presently being traded at a Forward P/E ratio of 18.4. This indicates a discount in contrast to its industry's Forward P/E of 18.57.
It is also worth noting that SE currently has a PEG ratio of 0.64. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 1.08 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 37% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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 at $85.42 in the latest trading session, marking a +2.48% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq appreciated by 1.63%.
Prior to today's trading, shares of the company had gained 4.37% lagged the Computer and Technology sector's gain of 12.05% and the S&P 500's gain of 8.11%.
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 $1.03, reflecting a 19.77% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.95 billion, up 35.75% from the year-ago period.
SE's full-year Zacks Consensus Estimates are calling for earnings of $4.53 per share and revenue of $29.95 billion. These results would represent year-over-year changes of +37.69% and +27.54%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Sea Limited Sponsored ADR presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Sea Limited Sponsored ADR is presently being traded at a Forward P/E ratio of 18.4. This indicates a discount in contrast to its industry's Forward P/E of 18.57.
It is also worth noting that SE currently has a PEG ratio of 0.64. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 1.08 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 37% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.