SEA (NYSE:SE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of SEA (NYSE:SE - Free Report) from a hold rating to a buy rating in a research note released on Saturday.

A number of other equities analysts have also recently weighed in on the company. Jefferies Financial Group raised their price objective on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Arete Research raised SEA to a "strong-buy" rating in a report on Sunday, March 23rd. JPMorgan Chase & Co. raised SEA from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $135.00 to $190.00 in a report on Tuesday, May 13th. Benchmark raised their price objective on SEA from $150.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Finally, Loop Capital reiterated a "buy" rating and issued a $190.00 price objective (up previously from $165.00) on shares of SEA in a research report on Thursday, May 29th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $147.15.

SEA Stock Performance

Shares of SE stock traded down $0.16 on Friday, hitting $154.47. 4,956,285 shares of the stock were exchanged, compared to its average volume of 4,445,830. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $91.00 billion, a PE ratio of 1,029.79 and a beta of 1.64. SEA has a one year low of $55.00 and a one year high of $172.65. The firm's 50 day moving average is $144.15 and its two-hundred day moving average is $128.62.

SEA (NYSE:SE - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.28). The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.90 billion. SEA had a return on equity of 1.40% and a net margin of 0.64%. The firm's revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.04) EPS. Sell-side analysts expect that SEA will post 0.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SEA

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SE. Smithfield Trust Co purchased a new stake in SEA in the first quarter worth $25,000. Private Trust Co. NA grew its stake in SEA by 474.4% in the fourth quarter. Private Trust Co. NA now owns 247 shares of the Internet company based in Singapore's stock worth $26,000 after purchasing an additional 204 shares during the period. Sava Infond d.o.o. purchased a new stake in SEA in the first quarter worth $26,000. Tradewinds Capital Management LLC grew 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 worth $26,000 after purchasing an additional 100 shares during the period. Finally, Inlight Wealth Management LLC purchased a new stake in SEA in the first quarter worth $28,000. 59.53% of the stock is owned by hedge funds and other institutional investors.

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.