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Sea Limited Sponsored ADR (SE) Outperforms Broader Market: What You Need to Know
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In the latest close session, Sea Limited Sponsored ADR (SE - Free Report) was up +1.74% at $96.85. This change outpaced the S&P 500's 0.66% gain on the day. At the same time, the Dow added 0.18%, and the tech-heavy Nasdaq gained 1.05%.
Coming into today, shares of the company had lost 15.08% in the past month. In that same time, the Computer and Technology sector gained 6.36%, while the S&P 500 gained 0.55%.
The investment community will be paying close attention to the earnings performance of Sea Limited Sponsored ADR in its upcoming release. It is anticipated that the company will report an EPS of $1.08, marking a 38.46% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.36 billion, up 35.39% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.79 per share and a revenue of $31.58 billion, signifying shifts of +15.2% and +34.5%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. Sea Limited Sponsored ADR is holding a Zacks Rank of #5 (Strong Sell) right now.
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 25.15. This denotes a premium relative to the industry average Forward P/E of 19.59.
Also, we should mention that SE has a PEG ratio of 0.75. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry had an average PEG ratio of 1.17 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SE in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Sea Limited Sponsored ADR (SE) Outperforms Broader Market: What You Need to Know
In the latest close session, Sea Limited Sponsored ADR (SE - Free Report) was up +1.74% at $96.85. This change outpaced the S&P 500's 0.66% gain on the day. At the same time, the Dow added 0.18%, and the tech-heavy Nasdaq gained 1.05%.
Coming into today, shares of the company had lost 15.08% in the past month. In that same time, the Computer and Technology sector gained 6.36%, while the S&P 500 gained 0.55%.
The investment community will be paying close attention to the earnings performance of Sea Limited Sponsored ADR in its upcoming release. It is anticipated that the company will report an EPS of $1.08, marking a 38.46% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.36 billion, up 35.39% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.79 per share and a revenue of $31.58 billion, signifying shifts of +15.2% and +34.5%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. Sea Limited Sponsored ADR is holding a Zacks Rank of #5 (Strong Sell) right now.
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 25.15. This denotes a premium relative to the industry average Forward P/E of 19.59.
Also, we should mention that SE has a PEG ratio of 0.75. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry had an average PEG ratio of 1.17 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 35% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SE in the coming trading sessions, be sure to utilize Zacks.com.