SEA (NYSE:SE - Get Free Report) posted its quarterly earnings results on Tuesday. The Internet company based in Singapore reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.37), Zacks reports. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $4.64 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%.
SEA Stock Down 2.3 %
Shares of SE traded down $3.22 during midday trading on Friday, reaching $135.93. 7,246,273 shares of the stock were exchanged, compared to its average volume of 4,228,906. The company has a market cap of $77.80 billion, a price-to-earnings ratio of 906.18 and a beta of 1.55. The company has a quick ratio of 1.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.36. SEA has a 12-month low of $51.70 and a 12-month high of $147.73. The firm has a 50 day simple moving average of $120.72 and a 200-day simple moving average of $105.81.
Wall Street Analyst Weigh In
SE has been the subject of a number of recent analyst reports. Jefferies Financial Group increased their price target on SEA from $131.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday. Dbs Bank upgraded shares of SEA from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 13th. UBS Group boosted their price target on shares of SEA from $135.00 to $176.00 and gave the company a "buy" rating in a report on Friday. Phillip Securities reaffirmed a "reduce" rating and issued a $100.00 price objective (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of SEA from $133.00 to $160.00 and gave the stock an "overweight" rating in a research report on Wednesday. One investment 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. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $111.67.
Get Our Latest Stock Analysis 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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