Sea Limited Sponsored ADR (SE) Outperforms Broader Market: What You Need to Know
In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $94.83, marking a +0.94% move from the previous day. This change outpaced the S&P 500's 0.4% gain on the day. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.6%.
The company's shares have seen an increase of 15.65% over the last month, surpassing the Computer and Technology sector's gain of 0.91% and the S&P 500's gain of 1.71%.
The investment community will be closely monitoring the performance of Sea Limited Sponsored ADR in its forthcoming earnings report. The company is expected to report EPS of $0.59, up 883.33% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $4.05 billion, indicating a 17.1% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.01 per share and revenue of $16.25 billion. These totals would mark changes of +47.79% and +25.08%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Sea Limited Sponsored ADR. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Sea Limited Sponsored ADR is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 46.74. For comparison, its industry has an average Forward P/E of 30.41, which means Sea Limited Sponsored ADR is trading at a premium to the group.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 78, positioning it in the top 31% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Sea Limited Sponsored ADR (SE) : Free Stock Analysis Report