The price of Sea Ltd ADR (NYSE:SE) shares last traded on Wall Street rose 0.03% to $35.96.
Based on available information, 36 analysts follow Sea Ltd ADR (NYSE:SE). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $145.00 and a low of $29.00, we find $64.50. Given the previous closing price of $35.95, this indicates a potential upside of 79.42 percent. SE stock price is now -26.03% away from the 50-day moving average and -42.72% away from the 200-day moving average. The market capitalization of the company currently stands at $18.67B.
Among analysts, 9 rate the stock a hold while 19 rate it a buy. Brokers who have rated the stock have averaged $68.76 as their price target over the next twelve months.
With the price target of $48, Wedbush recently initiated with Outperform rating for Sea Ltd ADR (NYSE: SE).
A total of 1.51% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SE stock. A new stake in Sea Ltd ADR shares was purchased by ATREIDES MANAGEMENT, LP during the first quarter worth $75,747,000. MAN GROUP PLC invested $20,046,000 in shares of SE during the first quarter. In the first quarter, UNISUPER MANAGEMENT PTY LTD acquired a new stake in Sea Ltd ADR valued at approximately $17,160,000. TWINBEECH CAPITAL LP acquired a new stake in SE for approximately $16,324,000. QUBE RESEARCH & TECHNOLOGIES LTD purchased a new stake in SE valued at around $14,077,000 in the second quarter. In total, there are 964 active investors with 57.79% ownership of the company’s stock.
A candlestick chart of Sea Ltd ADR (NYSE: SE) showed a price of $36.91 on Friday morning. During the past 12 months, Sea Ltd ADR has had a low of $34.87 and a high of $88.84. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 1.75, and a quick ratio of 1.73. According to the stock market information, the enterprise value for the company is $19.31B, which is based on a 95.23 price-to-earnings ratio, a 9.45 price-to-earnings-growth ratio, and a beta of 1.74. The fifty day moving average price for SE is $48.61 and a two-hundred day moving average price translates $62.78 for the stock.
The latest earnings results from Sea Ltd ADR (NYSE: SE) was released for Jun, 2023. According to the Internet Retail Company, earnings per share came in at $0.54, beating analysts’ expectations of $0.41 by 0.13. This compares to -$1.67 EPS in the same period last year. The net profit margin was 2.16% and return on equity was 4.64% for SE. The company reported revenue of $3.1 billion for the quarter, compared to $2.94 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.2 percent. For the current quarter, analysts expect SE to generate $3.15B in revenue.
Sea Ltd ADR(SE) Company Profile
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. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that provides integrated payment and logistics infrastructure and seller services. In addition, it offers SeaMoney digital financial services to individuals and businesses, including offline and online mobile wallet, and payment processing services, as well as other offerings across credit, insurtech, and digital bank services under the ShopeePay, SPayLater, SeaBank, SeaInsure, and other digital financial services brands; and payment processing services for Shopee. The company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in April 2017. Sea Limited was incorporated in 2009 and is headquartered in Singapore.
