SEA - SE Stock Forecast, Price & News

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations; and access to other entertainment content, including livestreaming of gameplay and social features, such as user chat and online forums. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that provides integrated payment and logistics infrastructure and seller services. In addition, it offers SeaMoney digital financial services to individuals and businesses, including offline and online mobile wallet, and payment processing services, as well as other offerings across credit, insurtech, and digital bank services under the ShopeePay, SPayLater, SeaBank, and other digital financial services brands; and payment processing services for Shopee. The company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in April 2017. Sea Limited was incorporated in 2009 and is headquartered in Singapore.

SEA Stock Down 6.0 %

SE traded down $5.37 on Tuesday, hitting $84.60. The company had a trading volume of 155,062 shares, compared to its average volume of 5,054,864. SEA has a 12-month low of $54.06 and a 12-month high of $372.70. The company has a current ratio of 2.02, a quick ratio of 2.00 and a debt-to-equity ratio of 0.66. The business's fifty day simple moving average is $76.80 and its 200 day simple moving average is $96.79.

SEA (NYSE:SE - Get Rating) last announced its quarterly earnings results on Tuesday, August 16th. The Internet company based in Singapore reported ($1.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.92) by ($0.11). The firm had revenue of $2.94 billion during the quarter, compared to analysts' expectations of $3.03 billion. SEA had a negative net margin of 19.85% and a negative return on equity of 35.06%. The firm's revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.83) EPS. As a group, equities research analysts predict that SEA will post -4.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on SE. Cowen lowered their target price on shares of SEA from $133.00 to $115.00 in a research note on Wednesday, May 18th. CICC Research initiated coverage on SEA in a report on Wednesday, April 27th. They set an "outperform" rating on the stock. The Goldman Sachs Group lowered their price objective on shares of SEA from $196.00 to $190.00 and set a "buy" rating on the stock in a research note on Tuesday, May 17th. Daiwa Capital Markets reduced their target price on SEA from $130.00 to $110.00 in a research report on Thursday, July 28th. Finally, Barclays cut their price objective on SEA from $157.00 to $125.00 and set an "overweight" rating for the company in a report on Wednesday, July 20th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, SEA presently has an average rating of "Moderate Buy" and an average price target of $197.94.