Sea Limited Sponsored ADR (NYSE:SE) Receives $180.78 Consensus Price Target from Brokerages

Sea Limited Sponsored ADR (NYSE:SE) has received a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $183.66.

A number of analysts recently commented on SE shares. Arete lowered SEA from a “buy” rating to a “neutral” rating and set a $177.00 target price for the company. in a research report on Wednesday, September 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a research report on Tuesday, October 14th. Bank of America raised SEA from a “neutral” rating to a “buy” rating and boosted their target price for the company from $206.00 to $215.00 in a research report on Thursday, October 16th. Arete Research lowered SEA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, Zacks Research raised SEA from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th.

SEA Stock Performance

SE stock opened at $160.23 on Tuesday. The stock has a 50-day moving average price of $181.97 and a 200-day moving average price of $162.22. SEA has a 1-year low of $92.50 and a 1-year high of $199.30. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16. The firm has a market cap of $94.39 billion, a PE ratio of 83.02 and a beta of 1.54.

SEA (NYSE:SE) last posted its quarterly earnings data on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.38). SEA had a return on equity of 13.66% and a net margin of 6.23%.The business had revenue of $5.26 billion during the quarter, compared to the consensus estimate of $5 billion. During the same period last year, the business posted $0.14 earnings per share. The business’s revenue was up 38.2% on a year-over-year basis. As a group, equities research analysts expect that SEA will post 0.74 earnings per share for the current year.

Hedge Funds Weigh In On SEA

A number of hedge funds have recently added to or reduced their stakes in SE. MAI Capital Management grew its holdings in SEA by 7.3% during the 1st quarter. MAI Capital Management now owns 1,198 shares of the Internet company based in Singapore’s stock valued at $156,000 after purchasing an additional 82 shares during the last quarter. Pacer Advisors Inc. grew its stake in SEA by 2.9% in the 1st quarter. Pacer Advisors Inc. now owns 3,082 shares of the Internet company based in Singapore’s stock worth $402,000 after acquiring an additional 87 shares in the last quarter. Blue Trust Inc. grew its stake in SEA by 4.8% in the 1st quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore’s stock worth $267,000 after acquiring an additional 93 shares in the last quarter. Tradewinds Capital Management LLC grew its stake in 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 worth $26,000 after acquiring an additional 100 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in SEA by 2.3% in the 2nd quarter. Venturi Wealth Management LLC now owns 5,147 shares of the Internet company based in Singapore’s stock worth $823,000 after acquiring an additional 114 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Company Profile

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.