Shares of Sea Limited (NYSE:SE – Get Free Report) have earned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $80.92.
Several brokerages recently issued reports on SE. Benchmark raised their target price on shares of SEA from $87.00 to $94.00 and gave the company a “buy” rating in a research note on Wednesday, August 14th. Citigroup decreased their price objective on shares of SEA from $81.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday, July 23rd. Bank of America raised their price objective on shares of SEA from $84.00 to $96.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. JPMorgan Chase & Co. raised SEA from a “neutral” rating to an “overweight” rating and upped their target price for the company from $66.00 to $90.00 in a research report on Wednesday, August 14th. Finally, Wedbush reissued an “outperform” rating and set a $84.00 target price (up previously from $76.00) on shares of SEA in a report on Tuesday, August 13th.
Institutional Inflows and Outflows
SEA Stock Down 3.3 %
SEA stock opened at $96.90 on Friday. The company has a fifty day simple moving average of $83.96 and a 200 day simple moving average of $72.91. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 0.41. SEA has a 1-year low of $34.35 and a 1-year high of $101.01. The company has a market cap of $55.46 billion, a P/E ratio of -276.86 and a beta of 1.52.
SEA (NYSE:SE – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The Internet company based in Singapore reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.45). SEA had a negative return on equity of 2.92% and a negative net margin of 1.36%. The company had revenue of $3.81 billion for the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter in the prior year, the company earned $0.54 EPS. The company’s revenue for the quarter was up 23.0% on a year-over-year basis. Research analysts anticipate that SEA will post 0.64 earnings per share for the current fiscal year.
SEA Company Profile
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 promotes eSports operations.
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