Edwin Tan/E+ via Getty Images Investment Thesis Sea Limited (NYSE:SE) is trading 80% higher year to date, deteriorating its risk-reward ratio of last year's business inflexion and limiting its upside for the rest of the year. The blockbuster first quarter fully justified the stock price rally, after having been beaten down in 2022 in the post-covid correction. The stock will likely benefit for the rest of the year from the base effect of last year, when revenue grew only 4.9%, making it likely for the stock ...

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as w ...

The latest trading session saw Sea Limited Sponsored ADR (SE) ending at $65.34, denoting a +1.93% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.65 per share and a revenue of $15.64 billion, indicating changes of +21.32% and +20.41%, respectively ...

World's largest cruise company finalizes agreement with Fincantieri for three new landmark cruise ships scheduled for delivery in 2029, 2031 and 2033 MIAMI, July 23, 2024 /PRNewswire/ -- With consumer demand for cruise vacations at historic levels, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced an order for three new ships for its namesake Carnival Cruise Line brand for a new class of vessel, at nearly 230,000 gross registered tonnes. The agreement ...

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.66 per share and revenue of $15.54 billion. These totals would mark changes of +22.06% and +19.6%, respectively, from last year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. With respect to valu ...

Oil rigs and supply vessels at sea getty On Friday, yet another eye-catching deal emerged on the horizon after Canadian independent Tenaz Energy agreed to acquire NAM Offshore - or Nederlandse Aardolie Maatschappij - a 50:50 joint venture between Shell and ExxonMobil. The company will now own practically all of NAM's offshore exploration and production (E&P) operations, including related pipeline infrastructure and onshore processing in the Netherlands. ForbesChevron Calls Time On 55 Years Of North Sea Oil ...

No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-tosales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overv ...

In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 43.21. For comparison, its industry has an average Forward P/E of 29.87, which means Sea Limited Sponsored ADR is trading at a premium to the group. The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 38% echelons of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms o ...

Discouraged investors increasingly see reasons to be more hopeful and optimistic. Consider that the S&P 500 was up 14.5% in the first half of the year, which is a spectacular six-month return for this large index. In short, there's a bullish breeze in the air, providing a nice tailwind to the sails of Sea stock. TikTok might not seem like an obvious competitor in the e-commerce space. However, retailers can set up shops and integrate advertising with video on TikTok's platform. And the practice is popular. ...

Credit: Oceania CruisesCredit: Oceania Cruises With the same spirit that inspired the original land-based Relay For Life event back in 1985, participating guests will take to the ship's fitness track to compete in a friendly competition to walk as many laps as possible. Current and future guests are encouraged to register for the Relay For Life at Sea by visiting www.cancer.org/relayforlifeatsea or by scanning the QR code available in Oceania's onboard newsletter, Currents. The new initiative has a minimum ...