Sea Limited stock has more than doubled this year, but it's still trading 76% below its all-time high. Sea Limited (SE -1.31%) operates in the e-commerce, digital entertainment, and digital financial services industries, so its business boomed when people were under lockdown restrictions at the height of the pandemic. As a result, its stock soared to an all-time high of $357 near the end of 2021. But social conditions returned to normal a short time later, and the economic climate also shifted in 2022 when ...

A Greek-flagged oil tanker was left adrift and ablaze in the Red Sea following strikes off the Yemeni coast, Greek and U.K. authorities have indicated. The U.K. Maritime Trade Operations agency on Wednesday reported that a fire had erupted aboard a tanker, which lost engine power and was no longer "under command." It came after a gunfire attack from two small boats roughly 77 nautical miles west of Yemeni port Hodeidah, which is under the control of the Houthi militant group. The UKMTO did not name the vess ...

"Fishing continues to be one of the world's most popular recreational activities and we see more and more of our customers utilizing our brands to get out on the water and enjoy fishing with family and friends. With that said, it only made sense to continue to capitalize on the innovation we are known for to create an even more immersive fishing experience for our customers," says James Heintz, Director of Global Product Strategy, SeaDoo & Marine Group at BRP. Taking PWC fishing to the next level The FishPr ...

thitivong Summary I am neutral on Expeditors International of Washington (NYSE:EXPD), as there is very little visibility into the earnings growth outlook over the medium term. While I acknowledge the near-term strength stemming from the Red Sea conflict situation, I don't think the market appreciates what happens when the conflict gets resolved. EXPD is currently trading at 23x (the high end of its historical trading range), which means there is plenty of room to fall if the risk I highlighted below plays o ...

The AI trade is back on. After a few weeks of turbulence, the stock market shifted back to the early-2024 narrative of buying all things artificial intelligence (AI) this week. Not only were we past the earnings season question about future demand for AI, but investors are now speculating about what Nvidia's (NVDA 1.19%) earnings will look like. For this week, shares of Nvidia jumped 18.8%, Super Micro Computer (SMCI 0.22%) was up 22.1%, and Sea Ltd (SE -0.14%) rose 23.3%, as of 3 p.m. ET on Friday afternoo ...

SEA Today SE SEA $79.68 +0.39 (+0.49%) 52-Week Range $34.35 ▼ $79.93 P/E Ratio 1,593.60 Price Target $77.29 Add to Watchlist Singapore-based e-commerce, gaming, and financial services company Sea Limited NYSE: SE added to its ongoing stock rally following an earnings beat on Tuesday, with shares almost doubling in the last year heading into the end of the week. All three of the firm's major businesses experienced sales growth and strong profitability, though the cost of revenue remains a factor impacting ne ...

证券研究报告 | 2024年08月16日 SEA（SE.N） 优于大市 2024Q2 点评：电商业务持续减亏，游戏流水增速提升 电商业务带动收入利润表现亮眼。收入端看，2024Q2 公司收入 38 亿美元， 同比增长 23%，增长主要来自电商业务和数字金融业务，部分被游戏业务下 滑抵消。利润端看，本季度公司实现净利润 8000 万美元，净利率 2%。电商/ 游戏/数字金融业务 2024Q2 经调整 EBITDA 利润率分别为-0.3%/70%/32%（去 年同期分别为 7%/45%/32%，2024Q1 分别为-1%/64%/30%）。 电商业务：东南亚电商竞争趋缓，GMV 同比+29%，环比持续减亏。本季度电 商业务营收 28 亿美元，同比+34%，收入增速环比提升，我们认为主要与东 南亚电商竞争放缓有关，其中核心市场收入增速 41%，物流相关增值收入增 速+16%；本季度电商经调整EBITDA为-900万美元，经调EBITDA利润率-0.3%， 亏损环比持续收窄。 游戏业务：游戏利润率大幅提升，流水增速提升。本季度公司游戏业务实现 收入 4.4 亿美元，同比减少 18%；经调整 EBITDA 3 亿美元， ...

Robert Way Introduction Sea Limited (NYSE:SE) — the Singaporean-based tech conglomerate that operates Garena, Shopee, and SeaMoney — just reported mixed Q2 earnings that sent shares running 12% higher. A year ago, Sea stock was priced for disaster as investors showed no love for the stock. That was when I initiated a position in Sea — at peak fear. Fast-forward to today, the stock is up 89% YTD, and all of a sudden, the bears and naysayers have turned bullish on the company. Amazing how human psychology wor ...

浦银国际研究 浦银国际 公司研究 Sea （SE.US） 公司研究 | 互联网行业 Sea（SE.US）：业绩优于预期，电商 业务指引上调 业绩优于市场预期：2Q24 公司收入 38.1 亿美元，同比增长 23.0%，高 于市场预期 3.5%；经调整 EBITDA 为 4.5 亿美元，高于市场预期 12.9%； 调整后净利润为 2.6 亿美元，高于市场预期 3.6%。 竞争格局稳定，电商业务指引上调：2Q24 电商收入为 28.2 亿美元， 同比增长 33.7%，其中核心市场收入同比增长 41.4%，增值服务收入同 比增长 15.5%；GMV 同比增长 29.1%至 233 亿美元，整体订单量同比 增长 40.3%至 25 亿笔，平均订单价环比有所回升；调整后 EBITDA 亏 损收窄至 918 万美元。东南亚电商竞争格局延续缓和趋势，行业变现 率稳步提升。公司预计三季度电商业务调整后 EBITDA 将转为正值，预 计全年电商 GMV 增速达到 25%上下（mid-twenties）。 Free Fire 强势复苏，游戏流水环比回升：2Q24 数字娱乐收入为 4.4 亿 美元，同比下降 18%，主要受递延收入 ...

BofA Securities analyst Sachin Salgaonkar reiterated the Buy rating on Sea Limited SE, raising the price objective to $84 from $77. Yesterday, the company reported fiscal second-quarter revenue growth of 23.0% year-on-year to $3.81 billion, beating the analyst consensus estimate of $3.72 billion. Following the results, the analyst revised the FY24/25 EPS estimates and adjusted the target multiples for gaming to 6.5X FY25E EV/EBITDA, up from 5.5X. The analyst notes that the company is well-positioned to bene ...