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Sea Limited Sponsored ADR (SE) Stock Declines While Market Improves: Some Information for Investors
SESea(SE) ZACKS·2024-07-16 22:56

Valuation - Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 43.21, which is a premium compared to the industry average Forward P/E of 29.87 [1] Industry Performance - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 95, placing it in the top 38% of over 250 industries [1] Recent Trading Activity - Sea Limited Sponsored ADR closed at 71.22,reflectinga0.971.22, reflecting a -0.9% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.64% [3] - Over the past month, shares of Sea Limited have decreased by 4.07%, lagging behind the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82% [3] Earnings Expectations - Analysts expect Sea Limited Sponsored ADR to report earnings of 0.60 per share, indicating a year-over-year decline of 27.71% [4] - The consensus estimate for revenue is 3.7billion,whichrepresentsa22.863.7 billion, which represents a 22.86% increase from the prior-year quarter [4] Fiscal Year Projections - For the entire fiscal year, Zacks Consensus Estimates project earnings of 1.66 per share and revenue of $15.54 billion, reflecting increases of 22.06% and 19.6% respectively from the previous year [5] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Sea Limited Sponsored ADR are important as they indicate changing business trends, with positive revisions suggesting analysts' confidence in the company's performance [6] - The Zacks Rank system, which incorporates these estimate changes, currently rates Sea Limited Sponsored ADR as 5 (Strong Sell) [8]