Sea Limited (NYSE:SE) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Sea Limited (NYSE:SE - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the fifteen analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $91.21.

Several equities research analysts recently commented on SE shares. Phillip Securities reissued a "reduce" rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a report on Tuesday, November 19th. Wedbush reiterated an "outperform" rating and issued a $105.00 target price (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. Dbs Bank upgraded shares of SEA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, November 13th. Bank of America lifted their price objective on SEA from $84.00 to $96.00 and gave the stock a "buy" rating in a report on Monday, September 23rd. Finally, Barclays increased their target price on SEA from $94.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday, November 14th.

Institutional Trading of SEA

Several hedge funds have recently made changes to their positions in the company. American Trust acquired a new position in shares of SEA in the 3rd quarter valued at $294,000. Tidal Investments LLC increased its position in shares of SEA by 1,270.6% during the third quarter. Tidal Investments LLC now owns 109,034 shares of the Internet company based in Singapore's stock valued at $10,280,000 after acquiring an additional 101,079 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of SEA in the 3rd quarter valued at approximately $290,000. Sanctuary Advisors LLC lifted its holdings in shares of SEA by 14.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 6,214 shares of the Internet company based in Singapore's stock worth $586,000 after acquiring an additional 782 shares during the last quarter. Finally, SOA Wealth Advisors LLC. boosted its position in shares of SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore's stock worth $57,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 59.53% of the company's stock.

SEA Price Performance

Shares of SE stock traded up $2.08 during mid-day trading on Wednesday, hitting $111.47. 991,898 shares of the stock were exchanged, compared to its average volume of 5,218,679. SEA has a 52-week low of $34.35 and a 52-week high of $119.47. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. The company has a market cap of $63.80 billion, a PE ratio of 743.13 and a beta of 1.53. The firm has a fifty day moving average of $107.17 and a 200 day moving average of $88.25.

SEA (NYSE:SE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.35). The business had revenue of $4.33 billion for the quarter, compared to analysts' expectations of $4.09 billion. SEA had a return on equity of 1.40% and a net margin of 0.64%. The business's revenue for the quarter was up 30.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.26) EPS. Research analysts anticipate that SEA will post 0.81 earnings per share for the current year.

SEA Company Profile

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.