Sea Limited Sponsored ADR (NYSE:SE) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Sea Limited's stock has received an average rating of "Moderate Buy" from 14 analysts, with three hold ratings and nine buy ratings.
• The stock's average twelve-month price objective among analysts is approximately $173.49, with varying price targets from different research firms.
• Despite missing earnings estimates, Sea Limited reported a 38.2% year-over-year increase in revenue, totaling $5.26 billion for the quarter.

Shares of Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) have earned a consensus rating of "Moderate Buy" from the fifteen analysts that are covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $173.9929.

SE has been the subject of a number of research reports. Macquarie reiterated an "outperform" rating and issued a $219.90 price target (up previously from $178.20) on shares of SEA in a report on Tuesday, August 12th. Bank of America lowered SEA from a "buy" rating to a "neutral" rating and set a $160.00 price objective for the company. in a report on Friday, May 9th. Wedbush increased their price objective on SEA from $170.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Arete downgraded SEA from a "buy" rating to a "neutral" rating and set a $177.00 target price on the stock. in a research report on Wednesday. Finally, Barclays increased their price target on SEA from $200.00 to $214.00 and gave the stock an "overweight" rating in a research report on Thursday, August 14th.

Institutional Investors Weigh In On SEA

A number of institutional investors have recently modified their holdings of the business. Morse Asset Management Inc grew its position in shares of SEA by 21.1% during the 2nd quarter. Morse Asset Management Inc now owns 12,168 shares of the Internet company based in Singapore's stock valued at $1,946,000 after acquiring an additional 2,121 shares during the period. State of Tennessee Department of Treasury grew its position in shares of SEA by 5.4% during the 2nd quarter. State of Tennessee Department of Treasury now owns 543,203 shares of the Internet company based in Singapore's stock valued at $86,880,000 after acquiring an additional 27,964 shares during the period. Captrust Financial Advisors grew its position in shares of SEA by 4.2% during the 2nd quarter. Captrust Financial Advisors now owns 27,188 shares of the Internet company based in Singapore's stock valued at $4,348,000 after acquiring an additional 1,084 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in SEA by 248.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 39,192 shares of the Internet company based in Singapore's stock worth $6,268,000 after buying an additional 27,953 shares during the last quarter. Finally, BNP Paribas boosted its holdings in SEA by 34.9% in the 2nd quarter. BNP Paribas now owns 28,907 shares of the Internet company based in Singapore's stock worth $4,624,000 after buying an additional 7,480 shares during the last quarter. 59.53% of the stock is currently owned by institutional investors and hedge funds.

SEA Trading Up 4.1%

Shares of SE traded up $7.44 during mid-day trading on Monday, reaching $188.42. 2,498,112 shares of the company's stock traded hands, compared to its average volume of 4,585,647. The stock has a market cap of $111.00 billion, a P/E ratio of 97.67 and a beta of 1.53. The stock's 50-day moving average is $163.68 and its two-hundred day moving average is $147.49. SEA has a 12 month low of $75.91 and a 12 month high of $190.75. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.55 and a quick ratio of 1.54.

SEA (NYSE:SE - Get Free Report) last released its earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.38). The business had revenue of $5.26 billion for the quarter, compared to the consensus estimate of $5 billion. SEA had a net margin of 6.23% and a return on equity of 13.66%. The company's quarterly revenue was up 38.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.14 EPS. Research analysts forecast that SEA will post 0.74 earnings per share for the current fiscal year.

SEA Company Profile

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.