Sea Limited Sponsored ADR (SE) closed at $161.30 in the latest trading session, marking a +1.92% move from the prior day. This change outpaced the S&P 500's 0.32% gain on the day. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.26%.
Shares of the company witnessed a gain of 0.63% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 7.22%, and the S&P 500's gain of 4.51%.
The upcoming earnings release of Sea Limited Sponsored ADR will be of great interest to investors. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of $1.03 per share. This would mark year-over-year growth of 123.91%. Our most recent consensus estimate is calling for quarterly revenue of $5.08 billion, up 30.05% from the year-ago period.
SE's full-year Zacks Consensus Estimates are calling for earnings of $4.23 per share and revenue of $22.37 billion. These results would represent year-over-year changes of +151.79% and +32.02%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Sea Limited Sponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Sea Limited Sponsored ADR is carrying a Zacks Rank of #2 (Buy).
Investors should also note Sea Limited Sponsored ADR's current valuation metrics, including its Forward P/E ratio of 37.44. This valuation marks a premium compared to its industry average Forward P/E of 28.08.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 76, this industry ranks in the top 31% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the 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 ReportThis article originally published on Zacks Investment Research (zacks.com).
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