Brokerages Set Sea Limited Sponsored ADR (NYSE:SE) Price Target at $180.78

Sea Limited Sponsored ADR (NYSE:SE) has been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $183.66.

SE has been the topic of a number of recent research reports. Barclays lifted their target price on shares of SEA from $200.00 to $214.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. Wedbush lifted their target price on shares of SEA from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Morgan Stanley set a $209.00 target price on shares of SEA in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of SEA in a report on Tuesday, October 14th. Finally, Wall Street Zen cut shares of SEA from a “buy” rating to a “hold” rating in a report on Sunday.

SEA Stock Down 1.1%

Shares of NYSE:SE opened at $154.47 on Tuesday. The company has a market capitalization of $91.00 billion, a PE ratio of 80.04 and a beta of 1.54. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16. SEA has a twelve month low of $92.50 and a twelve month high of $199.30. The firm has a 50 day simple moving average of $182.31 and a 200-day simple moving average of $161.64.

SEA (NYSE:SE) last announced its earnings results on Tuesday, August 12th. The Internet company based in Singapore reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.38). The business had revenue of $5.26 billion during the quarter, compared to analyst estimates of $5 billion. SEA had a net margin of 6.23% and a return on equity of 13.66%. The business’s revenue was up 38.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share. On average, equities analysts predict that SEA will post 0.74 EPS for the current fiscal year.

Hedge Funds Weigh In On SEA

Several institutional investors have recently bought and sold shares of the company. MAI Capital Management increased its stake in SEA by 7.3% in 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 buying an additional 82 shares during the period. Pacer Advisors Inc. increased 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 valued at $402,000 after buying an additional 87 shares during the period. Blue Trust Inc. increased 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 valued at $267,000 after buying an additional 93 shares during the period. Tradewinds Capital Management LLC increased 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 valued at $26,000 after buying an additional 100 shares during the period. Finally, Venturi Wealth Management LLC increased 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 valued at $823,000 after buying an additional 114 shares during the period. 59.53% of the stock is owned by institutional investors and hedge funds.

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.