SEA (NYSE:SE – Get Free Report) will be issuing its quarterly earnings data before the market opens on Tuesday, November 14th. Analysts expect the company to announce earnings of $0.55 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
SEA (NYSE:SE – Get Free Report) last issued its quarterly earnings results on Tuesday, August 15th. The Internet company based in Singapore reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.11). The company had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.26 billion. SEA had a return on equity of 4.69% and a net margin of 2.17%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.35) EPS. On average, analysts expect SEA to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
SEA Trading Up 4.3 %
Shares of NYSE:SE opened at $45.48 on Friday. The company has a market capitalization of $25.69 billion, a P/E ratio of 116.62 and a beta of 1.70. SEA has a 1 year low of $34.87 and a 1 year high of $88.84. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.75 and a quick ratio of 1.73. The business’s 50 day simple moving average is $41.84 and its 200 day simple moving average is $53.93.
Institutional Trading of SEA
Analyst Ratings Changes
A number of brokerages have recently commented on SE. KGI Securities cut SEA from an “outperform” rating to a “neutral” rating and set a $42.00 price target for the company. in a research note on Thursday, August 24th. Citigroup cut SEA from a “buy” rating to a “neutral” rating and dropped their price target for the company from $98.00 to $50.00 in a research note on Tuesday, August 15th. Sanford C. Bernstein dropped their price target on SEA from $90.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, August 16th. UBS Group upgraded SEA from a “neutral” rating to a “buy” rating and increased their price target for the company from $66.00 to $86.00 in a research note on Monday, July 31st. Finally, JPMorgan Chase & Co. cut SEA from an “overweight” rating to a “neutral” rating and set a $45.00 price target for the company. in a research note on Thursday, August 17th. Nine equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $71.24.
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.
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