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Here's Why Sea Limited Sponsored ADR (SE) Fell More Than Broader Market
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Sea Limited Sponsored ADR (SE - Free Report) closed at $100.73 in the latest trading session, marking a -2.48% move from the prior day. This move lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
The stock of company has fallen by 13.29% in the past month, lagging the Computer and Technology sector's gain of 5.26% and the S&P 500's gain of 0.53%.
Market participants will be closely following the financial results of Sea Limited Sponsored ADR in its upcoming release. The company is forecasted to report an EPS of $1.08, showcasing a 38.46% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $8.36 billion, indicating a 35.39% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $3.79 per share and a revenue of $31.58 billion, demonstrating changes of +15.2% and +34.5%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Sea Limited Sponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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, the Zacks Consensus EPS estimate remained stagnant. Right now, Sea Limited Sponsored ADR possesses a Zacks Rank of #5 (Strong Sell).
Investors should also note Sea Limited Sponsored ADR's current valuation metrics, including its Forward P/E ratio of 27.29. This represents a premium compared to its industry average Forward P/E of 19.86.
We can also see that SE currently has a PEG ratio of 0.8. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. SE's industry had an average PEG ratio of 1.15 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 94, positioning it in the top 39% 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.
View the Zacks #1 Rank List
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Here's Why Sea Limited Sponsored ADR (SE) Fell More Than Broader Market
Sea Limited Sponsored ADR (SE - Free Report) closed at $100.73 in the latest trading session, marking a -2.48% move from the prior day. This move lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
The stock of company has fallen by 13.29% in the past month, lagging the Computer and Technology sector's gain of 5.26% and the S&P 500's gain of 0.53%.
Market participants will be closely following the financial results of Sea Limited Sponsored ADR in its upcoming release. The company is forecasted to report an EPS of $1.08, showcasing a 38.46% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $8.36 billion, indicating a 35.39% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $3.79 per share and a revenue of $31.58 billion, demonstrating changes of +15.2% and +34.5%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Sea Limited Sponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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, the Zacks Consensus EPS estimate remained stagnant. Right now, Sea Limited Sponsored ADR possesses a Zacks Rank of #5 (Strong Sell).
Investors should also note Sea Limited Sponsored ADR's current valuation metrics, including its Forward P/E ratio of 27.29. This represents a premium compared to its industry average Forward P/E of 19.86.
We can also see that SE currently has a PEG ratio of 0.8. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. SE's industry had an average PEG ratio of 1.15 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 94, positioning it in the top 39% 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.