Brokerages Set Sea Limited (NYSE:SE) PT at $145.23

Shares of Sea Limited (NYSE:SE - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the fourteen analysts that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $145.23.

SE has been the subject of a number of research analyst reports. Bank of America lowered SEA from a "buy" rating to a "neutral" rating and set a $160.00 target price for the company. in a research report on Friday, May 9th. UBS Group boosted their target price on SEA from $135.00 to $176.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Benchmark boosted their target price on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, May 14th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $170.00 target price on shares of SEA in a research report on Wednesday, May 14th. Finally, Phillip Securities raised SEA from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 7th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. purchased a new position in SEA in the fourth quarter valued at $463,000. Merit Financial Group LLC acquired a new stake in shares of SEA in the fourth quarter valued at about $315,000. Ballentine Partners LLC grew its position in shares of SEA by 5.6% in the fourth quarter. Ballentine Partners LLC now owns 2,970 shares of the Internet company based in Singapore's stock valued at $315,000 after purchasing an additional 158 shares during the period. Atomi Financial Group Inc. grew its position in shares of SEA by 42.2% in the fourth quarter. Atomi Financial Group Inc. now owns 3,050 shares of the Internet company based in Singapore's stock valued at $324,000 after purchasing an additional 905 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in shares of SEA by 95.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 12,558 shares of the Internet company based in Singapore's stock valued at $1,332,000 after purchasing an additional 6,140 shares during the period. Hedge funds and other institutional investors own 59.53% of the company's stock.

SEA Trading Up 0.0%

Shares of NYSE:SE traded up $0.07 during midday trading on Friday, reaching $165.31. The company's stock had a trading volume of 1,779,289 shares, compared to its average volume of 4,448,338. The firm has a market capitalization of $97.38 billion, a price-to-earnings ratio of 1,101.79 and a beta of 1.70. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The firm has a 50 day moving average price of $134.34 and a two-hundred day moving average price of $123.99. SEA has a fifty-two week low of $55.00 and a fifty-two week high of $169.28.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm's revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.04) earnings per share. As a group, analysts forecast that SEA will post 0.74 earnings per share for the current year.

About SEA

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.