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The latest trading session saw Sea Limited Sponsored ADR (SE - Free Report) ending at $65.34, denoting a +1.93% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%.
Shares of the company witnessed a loss of 13.97% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 5.32% and the S&P 500's loss of 1.16%.
Investors will be eagerly watching for the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.59, showcasing a 28.92% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $3.73 billion, reflecting a 24% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.65 per share and a revenue of $15.64 billion, indicating changes of +21.32% and +20.41%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 6.82% decrease. At present, Sea Limited Sponsored ADR boasts a Zacks Rank of #5 (Strong Sell).
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 38.85. For comparison, its industry has an average Forward P/E of 31.06, which means Sea Limited Sponsored ADR is trading at a premium to the group.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 39% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Why Sea Limited Sponsored ADR (SE) Outpaced the Stock Market Today
The latest trading session saw Sea Limited Sponsored ADR (SE - Free Report) ending at $65.34, denoting a +1.93% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%.
Shares of the company witnessed a loss of 13.97% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 5.32% and the S&P 500's loss of 1.16%.
Investors will be eagerly watching for the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.59, showcasing a 28.92% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $3.73 billion, reflecting a 24% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.65 per share and a revenue of $15.64 billion, indicating changes of +21.32% and +20.41%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 6.82% decrease. At present, Sea Limited Sponsored ADR boasts a Zacks Rank of #5 (Strong Sell).
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 38.85. For comparison, its industry has an average Forward P/E of 31.06, which means Sea Limited Sponsored ADR is trading at a premium to the group.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 39% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.