Sea Limited (NYSE:SE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Sea Limited (NYSE:SE) has been assigned an average rating of “Moderate Buy” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $125.43.

Several equities research analysts have issued reports on the stock. Phillip Securities raised shares of SEA from a “moderate sell” rating to a “hold” rating in a report on Friday, March 7th. Jefferies Financial Group increased their price target on shares of SEA from $131.00 to $157.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Loop Capital upped their price objective on SEA from $135.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, March 31st. UBS Group raised their target price on SEA from $135.00 to $176.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Finally, Sanford C. Bernstein set a $145.00 price target on SEA and gave the company an “outperform” rating in a research note on Wednesday, March 5th.

SEA Stock Performance

SE opened at $142.53 on Tuesday. The stock’s 50 day simple moving average is $125.98 and its 200-day simple moving average is $117.55. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The stock has a market cap of $83.97 billion, a PE ratio of 950.20 and a beta of 1.70. SEA has a 1 year low of $55.00 and a 1 year high of $147.73.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SE. State of Wyoming raised its position in shares of SEA by 3.1% during the fourth quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore’s stock worth $319,000 after acquiring an additional 90 shares during the last quarter. Blue Trust Inc. raised its holdings in SEA by 4.8% during the 1st quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore’s stock worth $267,000 after purchasing an additional 93 shares during the last quarter. SOA Wealth Advisors LLC. lifted its position in SEA by 13.3% during the 1st quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore’s stock valued at $111,000 after purchasing an additional 100 shares during the period. Tradewinds Capital Management LLC boosted its stake in shares of SEA by 100.0% in the 1st quarter. Tradewinds Capital Management LLC now owns 200 shares of the Internet company based in Singapore’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Finally, Covenant Partners LLC boosted its stake in shares of SEA by 2.4% in the 4th quarter. Covenant Partners LLC now owns 4,248 shares of the Internet company based in Singapore’s stock valued at $451,000 after purchasing an additional 101 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

About SEA

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.