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

Key Points

• Analysts have given Sea Limited Sponsored ADR a consensus rating of "Moderate Buy," with an average target price of approximately $180.78.
• The stock has experienced a 3.6% increase recently, with a current trading price of $165.88.
• Despite a miss on earnings estimates, SEA reported a year-over-year revenue increase of 38.2%, totaling $5.26 billion for the last quarter.

Shares of Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) have been given a consensus rating of "Moderate Buy" by the seventeen analysts that are presently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $180.7786.

SE has been the topic of a number of research analyst reports. Wall Street Zen raised shares of SEA from a "hold" rating to a "buy" rating in a research report on Saturday. JPMorgan Chase & Co. increased their price objective on shares of SEA from $208.00 to $230.00 and gave the stock an "overweight" rating in a research report on Thursday, September 11th. Wedbush increased their price objective on shares of SEA from $170.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Arete cut shares of SEA from a "buy" rating to a "neutral" rating and set a $177.00 price objective on the stock. in a research report on Wednesday, September 3rd. Finally, Macquarie reissued an "outperform" rating and set a $219.90 price objective (up previously from $178.20) on shares of SEA in a research report on Tuesday, August 12th.

Hedge Funds Weigh In On SEA

Several hedge funds have recently modified their holdings of SE. Smithfield Trust Co bought a new position in shares of SEA during the 1st quarter worth approximately $25,000. ORG Partners LLC increased its stake in shares of SEA by 552.0% during the 2nd quarter. ORG Partners LLC now owns 163 shares of the Internet company based in Singapore's stock worth $25,000 after purchasing an additional 138 shares during the last quarter. Sava Infond d.o.o. purchased a new position in SEA in the first quarter valued at approximately $26,000. Tradewinds Capital Management LLC lifted its stake in SEA by 100.0% in the first quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore's stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Finally, Inlight Wealth Management LLC purchased a new position in SEA in the first quarter valued at approximately $28,000. Institutional investors own 59.53% of the company's stock.

SEA Stock Up 3.6%

Shares of SE opened at $165.88 on Tuesday. SEA has a 52 week low of $92.50 and a 52 week high of $199.30. The stock has a market capitalization of $97.72 billion, a price-to-earnings ratio of 85.95 and a beta of 1.54. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.54 and a current ratio of 1.55. The stock has a fifty day moving average of $183.65 and a 200-day moving average of $160.56.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $1.03 by ($0.38). SEA had a net margin of 6.23% and a return on equity of 13.66%. The company had revenue of $5.26 billion during the quarter, compared to analyst estimates of $5 billion. During the same quarter in the previous year, the company earned $0.14 earnings per share. The business's revenue for the quarter was up 38.2% on a year-over-year basis. As a group, sell-side analysts anticipate 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.

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