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Sea Limited Sponsored ADR (SE) Declines More Than Market: Some Information for Investors
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Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $89.04, moving -2.45% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.37% for the day. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq depreciated by 1.33%.
Coming into today, shares of the company had gained 4.59% in the past month. In that same time, the Computer and Technology sector gained 4.52%, while the S&P 500 gained 2.02%.
The upcoming earnings release of Sea Limited Sponsored ADR will be of great interest to investors. The company is forecasted to report an EPS of $1.03, showcasing a 21.18% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $7.34 billion, indicating a 36.82% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.24 per share and a revenue of $30.72 billion, signifying shifts of +28.88% and +30.84%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Sea Limited Sponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
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, 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, Sea Limited Sponsored ADR is presently trading at a Forward P/E ratio of 21.53. For comparison, its industry has an average Forward P/E of 18.33, which means Sea Limited Sponsored ADR is trading at a premium to the group.
Meanwhile, SE's PEG ratio is currently 0.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 0.99 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 84, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Sea Limited Sponsored ADR (SE) Declines More Than Market: Some Information for Investors
Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $89.04, moving -2.45% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.37% for the day. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq depreciated by 1.33%.
Coming into today, shares of the company had gained 4.59% in the past month. In that same time, the Computer and Technology sector gained 4.52%, while the S&P 500 gained 2.02%.
The upcoming earnings release of Sea Limited Sponsored ADR will be of great interest to investors. The company is forecasted to report an EPS of $1.03, showcasing a 21.18% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $7.34 billion, indicating a 36.82% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.24 per share and a revenue of $30.72 billion, signifying shifts of +28.88% and +30.84%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Sea Limited Sponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
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, 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #3 (Hold).
Looking at valuation, Sea Limited Sponsored ADR is presently trading at a Forward P/E ratio of 21.53. For comparison, its industry has an average Forward P/E of 18.33, which means Sea Limited Sponsored ADR is trading at a premium to the group.
Meanwhile, SE's PEG ratio is currently 0.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 0.99 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 84, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.