SEA (NYSE:SE - Get Free Report) issued its quarterly earnings results on Tuesday. The Internet company based in Singapore reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.76 by ($0.37), Zacks reports. SEA had a net margin of 0.64% and a return on equity of 1.40%. The firm had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $4.64 billion.
SEA Stock Down 2.3 %
NYSE:SE traded down $3.22 on Friday, hitting $135.93. 7,246,273 shares of the company's stock traded hands, compared to its average volume of 4,228,906. The company has a market cap of $77.80 billion, a PE ratio of 906.18 and a beta of 1.55. SEA has a 1 year low of $51.70 and a 1 year high of $147.73. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The firm has a 50-day moving average price of $120.72 and a 200-day moving average price of $105.81.
Wall Street Analyst Weigh In
SE has been the topic of a number of research analyst reports. Dbs Bank raised SEA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. Barclays lifted their price objective on shares of SEA from $148.00 to $182.00 and gave the stock an "overweight" rating in a research note on Friday. Jefferies Financial Group increased their target price on shares of SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday. TD Cowen lifted their price target on shares of SEA from $69.00 to $100.00 and gave the stock a "hold" rating in a research report on Wednesday, November 13th. Finally, Phillip Securities reaffirmed 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. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, SEA presently has an average rating of "Moderate Buy" and a consensus target price of $111.67.
View Our Latest Stock Report on SEA
About SEA
(
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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.
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