In the latest close session, Sea Limited Sponsored ADR (SE) was up +1.05% at $114.52. The stock outpaced the S&P 500's daily loss of 0.01%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq decreased by 0.16%.
Heading into today, shares of the company had lost 12.73% over the past month, lagging the Computer and Technology sector's loss of 1.54% and the S&P 500's loss of 0.28%.
Investors will be eagerly watching for the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.91, marking a 46.77% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $6.69 billion, reflecting a 34.52% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.54 per share and a revenue of $23.28 billion, indicating changes of +110.71% and +37.43%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Sea Limited Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Sea Limited Sponsored ADR is holding a Zacks Rank of #5 (Strong Sell) right now.
Looking at valuation, Sea Limited Sponsored ADR is presently trading at a Forward P/E ratio of 20.09. This denotes a discount relative to the industry average Forward P/E of 20.43.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 139, positioning it in the bottom 44% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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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