Sea Limited (NYSE:SE) Given Consensus Rating of “Buy” by Analysts

Shares of Sea Limited (NYSE:SEGet Rating) have been assigned an average recommendation of “Buy” from the seventeen ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $218.75.

A number of brokerages have commented on SE. HSBC reduced their price objective on SEA from $150.00 to $145.00 in a research report on Wednesday, May 4th. Cowen reduced their price objective on SEA from $133.00 to $115.00 in a research report on Wednesday, May 18th. Stifel Nicolaus reduced their price objective on SEA from $160.00 to $115.00 in a research report on Wednesday, May 18th. Morgan Stanley reiterated a “buy” rating and issued a $220.00 price objective on shares of SEA in a research report on Friday, April 8th. Finally, Cowen dropped their target price on SEA from $133.00 to $115.00 in a report on Wednesday, May 18th.

Several large investors have recently bought and sold shares of the company. Patron Partners LLC boosted its position in shares of SEA by 3.8% in the 4th quarter. Patron Partners LLC now owns 1,566 shares of the Internet company based in Singapore’s stock worth $350,000 after purchasing an additional 57 shares during the last quarter. Raymond James Trust N.A. increased its stake in SEA by 4.0% during the 4th quarter. Raymond James Trust N.A. now owns 1,891 shares of the Internet company based in Singapore’s stock worth $423,000 after purchasing an additional 73 shares in the last quarter. Kovack Advisors Inc. increased its stake in SEA by 3.7% during the 4th quarter. Kovack Advisors Inc. now owns 2,097 shares of the Internet company based in Singapore’s stock worth $469,000 after purchasing an additional 74 shares in the last quarter. D.A. Davidson & CO. increased its stake in SEA by 7.4% during the 4th quarter. D.A. Davidson & CO. now owns 1,087 shares of the Internet company based in Singapore’s stock worth $243,000 after purchasing an additional 75 shares in the last quarter. Finally, Lion Street Advisors LLC increased its stake in SEA by 8.0% during the 4th quarter. Lion Street Advisors LLC now owns 1,049 shares of the Internet company based in Singapore’s stock worth $235,000 after purchasing an additional 78 shares in the last quarter. Institutional investors and hedge funds own 90.71% of the company’s stock.

Shares of NYSE:SE opened at $70.62 on Tuesday. The business has a 50 day moving average price of $87.01 and a 200 day moving average price of $138.69. SEA has a twelve month low of $54.06 and a twelve month high of $372.70. The company has a market cap of $39.39 billion, a price-to-earnings ratio of -17.44 and a beta of 1.56. The company has a quick ratio of 2.00, a current ratio of 2.02 and a debt-to-equity ratio of 0.66.

SEA (NYSE:SEGet Rating) last announced its quarterly earnings data on Tuesday, May 17th. The Internet company based in Singapore reported ($1.04) EPS for the quarter, topping analysts’ consensus estimates of ($1.26) by $0.22. SEA had a negative return on equity of 35.06% and a negative net margin of 19.85%. The company had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.86 billion. During the same quarter last year, the company earned ($0.82) EPS. The company’s quarterly revenue was up 64.4% on a year-over-year basis. Analysts anticipate that SEA will post -4.69 EPS for the current year.

SEA Company Profile (Get Rating)

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations; and access to other entertainment content, including livestreaming of gameplay and social features, such as user chat and online forums.

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Analyst Recommendations for SEA (NYSE:SE)

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