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Sea Limited Sponsored ADR (SE) Gains But Lags Market: What You Should Know
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Sea Limited Sponsored ADR (SE - Free Report) closed at $74.73 in the latest trading session, marking a +1.71% move from the prior day. The stock lagged the S&P 500's daily gain of 1.96%. At the same time, the Dow added 1.57%, and the tech-heavy Nasdaq lost 3.03%.
Heading into today, shares of the company had lost 14.13% over the past month, lagging the Computer and Technology sector's loss of 0.91% and the S&P 500's gain of 2.19% in that time.
Wall Street will be looking for positivity from Sea Limited Sponsored ADR as it approaches its next earnings report date. On that day, Sea Limited Sponsored ADR is projected to report earnings of $0.73 per share, which would represent year-over-year growth of 191.25%. Meanwhile, our latest consensus estimate is calling for revenue of $2.92 billion, up 12.6% from the prior-year quarter.
SE's full-year Zacks Consensus Estimates are calling for earnings of $2.96 per share and revenue of $12.02 billion. These results would represent year-over-year changes of +329.46% and +6.12%, respectively.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sea Limited Sponsored ADR is currently a Zacks Rank #1 (Strong Buy).
In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 24.82. Its industry sports an average Forward P/E of 39.49, so we one might conclude that Sea Limited Sponsored ADR is trading at a discount comparatively.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 25% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Sea Limited Sponsored ADR (SE) Gains But Lags Market: What You Should Know
Sea Limited Sponsored ADR (SE - Free Report) closed at $74.73 in the latest trading session, marking a +1.71% move from the prior day. The stock lagged the S&P 500's daily gain of 1.96%. At the same time, the Dow added 1.57%, and the tech-heavy Nasdaq lost 3.03%.
Heading into today, shares of the company had lost 14.13% over the past month, lagging the Computer and Technology sector's loss of 0.91% and the S&P 500's gain of 2.19% in that time.
Wall Street will be looking for positivity from Sea Limited Sponsored ADR as it approaches its next earnings report date. On that day, Sea Limited Sponsored ADR is projected to report earnings of $0.73 per share, which would represent year-over-year growth of 191.25%. Meanwhile, our latest consensus estimate is calling for revenue of $2.92 billion, up 12.6% from the prior-year quarter.
SE's full-year Zacks Consensus Estimates are calling for earnings of $2.96 per share and revenue of $12.02 billion. These results would represent year-over-year changes of +329.46% and +6.12%, respectively.
Any recent changes to analyst estimates for Sea Limited Sponsored ADR should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sea Limited Sponsored ADR is currently a Zacks Rank #1 (Strong Buy).
In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 24.82. Its industry sports an average Forward P/E of 39.49, so we one might conclude that Sea Limited Sponsored ADR is trading at a discount comparatively.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 25% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
You can find more information on all of these metrics, and much more, on Zacks.com.