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Sea Limited Sponsored ADR (SE) Stock Slides as Market Rises: Facts to Know Before You Trade

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Sea Limited Sponsored ADR (SE - Free Report) closed the most recent trading day at $77.94, moving -3.1% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.05%.

Coming into today, shares of the company had lost 22.42% in the past month. In that same time, the Computer and Technology sector lost 2.67%, while the S&P 500 gained 0.97%.

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 $1.08, reflecting a 38.46% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.36 billion, up 35.39% from the year-ago period.

SE's full-year Zacks Consensus Estimates are calling for earnings of $3.79 per share and revenue of $31.58 billion. These results would represent year-over-year changes of +15.2% and +34.5%, respectively.

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. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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 past month, the Zacks Consensus EPS estimate remained stagnant. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #3 (Hold).

From a valuation perspective, Sea Limited Sponsored ADR is currently exchanging hands at a Forward P/E ratio of 21.25. This represents a premium compared to its industry average Forward P/E of 20.7.

We can also see that SE currently has a PEG ratio of 0.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.26.

The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 75, positioning it in the top 31% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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