In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $91.33, marking a +1.03% move from the previous day. This change lagged the S&P 500's 1.2% gain on the day. On the other hand, the Dow registered a gain of 1.79%, and the technology-centric Nasdaq increased by 1.52%.
The company's shares have seen an increase of 11.63% over the last month, surpassing the Computer and Technology sector's gain of 8.24% and the S&P 500's gain of 5.15%.
Market participants will be closely following the financial results of Sea Limited Sponsored ADR in its upcoming release. The company is expected to report EPS of $1.03, up 19.77% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $6.91 billion, indicating a 35% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.53 per share and a revenue of $29.95 billion, signifying shifts of +37.69% and +27.54%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sea Limited Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Sea Limited Sponsored ADR presently features a Zacks Rank of #4 (Sell).
Looking at its valuation, Sea Limited Sponsored ADR is holding a Forward P/E ratio of 19.96. Its industry sports an average Forward P/E of 19.02, so one might conclude that Sea Limited Sponsored ADR is trading at a premium comparatively.
One should further note that SE currently holds a PEG ratio of 0.69. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.08 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 91, positioning it in the top 38% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Sea Limited Sponsored ADR (SE): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).