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Sea Limited Sponsored ADR (SE) Dips More Than Broader Markets: What You Should Know
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Sea Limited Sponsored ADR (SE - Free Report) closed at $64.23 in the latest trading session, marking a -1.22% move from the prior day. This move lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.46%, and the Nasdaq, a tech-heavy index, added 3.16%.
Prior to today's trading, shares of the company had gained 8.15% over the past month. This has lagged the Computer and Technology sector's gain of 8.43% and outpaced the S&P 500's gain of 3.6% in that time.
Sea Limited Sponsored ADR will be looking to display strength as it nears its next earnings release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of -$0.67 per share. This would mark year-over-year growth of 23.86%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.17 billion, up 9.67% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Sea Limited Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 74, putting it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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.
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Sea Limited Sponsored ADR (SE) Dips More Than Broader Markets: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed at $64.23 in the latest trading session, marking a -1.22% move from the prior day. This move lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.46%, and the Nasdaq, a tech-heavy index, added 3.16%.
Prior to today's trading, shares of the company had gained 8.15% over the past month. This has lagged the Computer and Technology sector's gain of 8.43% and outpaced the S&P 500's gain of 3.6% in that time.
Sea Limited Sponsored ADR will be looking to display strength as it nears its next earnings release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of -$0.67 per share. This would mark year-over-year growth of 23.86%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.17 billion, up 9.67% from the year-ago period.
Investors might also notice recent changes to analyst estimates for Sea Limited Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection remained stagnant. Sea Limited Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 74, putting it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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.