Sea Limited (NYSE:SE) Receives $77.29 Consensus PT from Analysts

Sea Limited (NYSE:SE) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $80.00.

A number of equities research analysts have recently weighed in on SE shares. Barclays lifted their price target on SEA from $87.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $60.00 target price on shares of SEA in a research note on Wednesday, May 15th. Citigroup decreased their price target on SEA from $81.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, July 23rd. TD Cowen raised their price target on SEA from $64.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, August 14th. Finally, Loop Capital upped their price objective on shares of SEA from $92.00 to $94.00 and gave the stock a “buy” rating in a report on Monday, June 10th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Canton Hathaway LLC boosted its position in shares of SEA by 20.0% during the 2nd quarter. Canton Hathaway LLC now owns 1,200 shares of the Internet company based in Singapore’s stock valued at $86,000 after purchasing an additional 200 shares in the last quarter. Gulf International Bank UK Ltd lifted its stake in SEA by 0.7% during the second quarter. Gulf International Bank UK Ltd now owns 28,958 shares of the Internet company based in Singapore’s stock valued at $2,068,000 after purchasing an additional 213 shares during the last quarter. Parallel Advisors LLC boosted its holdings in SEA by 5.2% during the second quarter. Parallel Advisors LLC now owns 5,063 shares of the Internet company based in Singapore’s stock worth $362,000 after buying an additional 250 shares in the last quarter. Hexagon Capital Partners LLC grew its position in SEA by 63.1% in the second quarter. Hexagon Capital Partners LLC now owns 654 shares of the Internet company based in Singapore’s stock worth $47,000 after buying an additional 253 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of SEA by 121.3% in the first quarter. GAMMA Investing LLC now owns 613 shares of the Internet company based in Singapore’s stock valued at $33,000 after buying an additional 336 shares in the last quarter. 59.53% of the stock is owned by institutional investors and hedge funds.

SEA Stock Performance

SE stock opened at $81.24 on Thursday. SEA has a 1 year low of $34.35 and a 1 year high of $83.69. The stock has a market capitalization of $46.50 billion, a price-to-earnings ratio of 1,624.80 and a beta of 1.51. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.48 and a current ratio of 1.49. The stock’s fifty day moving average is $71.79 and its two-hundred day moving average is $64.27.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, August 13th. The Internet company based in Singapore reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.45). The firm had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.73 billion. SEA had a negative return on equity of 2.92% and a negative net margin of 1.36%. The firm’s revenue was up 23.0% on a year-over-year basis. During the same period last year, the business earned $0.54 EPS. On average, research analysts predict that SEA will post 0.62 EPS for the current year.

SEA 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 promotes eSports operations.