Sea Limited Sponsored ADR (NYSE:SE) Receives $159.82 Consensus Target Price from Analysts

Sea Limited Sponsored ADR (NYSE:SE) has received an average recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $172.3250.

A number of research analysts have recently issued reports on the stock. Wall Street Zen cut shares of SEA from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. Wedbush boosted their price objective on shares of SEA from $170.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. upgraded shares of SEA from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $135.00 to $190.00 in a research report on Tuesday, May 13th. Benchmark boosted their price objective on shares of SEA from $180.00 to $205.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $170.00 price objective on shares of SEA in a research report on Wednesday, May 14th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. ORG Partners LLC lifted its stake in shares of SEA by 552.0% in the 2nd quarter. ORG Partners LLC now owns 163 shares of the Internet company based in Singapore’s stock valued at $25,000 after purchasing an additional 138 shares during the period. Smithfield Trust Co acquired a new position in shares of SEA in the 1st quarter valued at $25,000. Sava Infond d.o.o. bought a new stake in shares of SEA in the 1st quarter valued at $26,000. Tradewinds Capital Management LLC increased its position 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 buying an additional 100 shares in the last quarter. Finally, Inlight Wealth Management LLC bought a new stake in shares of SEA in the 1st quarter valued at $28,000. Institutional investors and hedge funds own 59.53% of the company’s stock.

SEA Stock Performance

NYSE:SE opened at $174.44 on Thursday. SEA has a 1 year low of $75.67 and a 1 year high of $181.76. The firm has a 50 day moving average of $156.54 and a 200-day moving average of $141.57. The company has a current ratio of 1.51, a quick ratio of 1.49 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $102.76 billion, a P/E ratio of 90.38 and a beta of 1.58.

SEA (NYSE:SE) last posted its earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.38). SEA had a net margin of 6.23% and a return on equity of 14.17%. The firm had revenue of $5.26 billion during the quarter, compared to the consensus estimate of $5 billion. During the same quarter last year, the firm posted $0.14 EPS. The business’s revenue was up 38.2% on a year-over-year basis. As a group, sell-side analysts anticipate that SEA will post 0.74 EPS for the current fiscal year.

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.