Shares of Sea Limited (NYSE:SE) have earned an average recommendation of "Buy" from the thirteen analysts that are covering the company,Marketbeat Ratingsreports. One analyst has rated the stock with a sell recommendation and eleven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $351.00.
A number of research firms recently weighed in on SE. UBS Group increased their price objective on shares of SEA from $350.00 to $380.00 and gave the stock a "buy" rating in a research report on Wednesday, November 17th. Bank of America raised shares of SEA from a "neutral" rating to a "buy" rating and cut their price objective for the company from $385.00 to $287.00 in a report on Monday, January 3rd. Cowen raised their target price on shares of SEA from $355.00 to $375.00 and gave the company an "outperform" rating in a research note on Monday, November 15th. DZ Bank started coverage on shares of SEA in a research note on Wednesday, September 29th. They issued a "buy" rating and a $400.00 target price for the company. Finally, Barclays initiated coverage on shares of SEA in a research note on Tuesday, November 2nd. They issued an "overweight" rating and a $427.00 target price for the company.
NYSE SEtraded down $5.52 on Friday, reaching $175.03. The company had a trading volume of 7,680,522 shares, compared to its average volume of 6,714,165. The company has a quick ratio of 2.47, a current ratio of 2.49 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $94.43 billion, a PE ratio of -46.43 and a beta of 1.26. The firm's 50 day moving average price is $252.36 and its 200 day moving average price is $294.24. SEA has a 12 month low of $168.00 and a 12 month high of $372.70.
SEA (NYSE:SE) last announced its quarterly earnings results on Tuesday, November 16th. The Internet company based in Singapore reported ($0.83) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.67) by ($0.16). SEA had a negative net margin of 23.51% and a negative return on equity of 42.71%. The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the firm posted ($0.87) earnings per share. The business's revenue was up 121.8% on a year-over-year basis. On average, research analysts expect that SEA will post -3.86 EPS for the current year.
Several hedge funds have recently added to or reduced their stakes in SE. Psagot Investment House Ltd. purchased a new stake in shares of SEA during the second quarter worth about $30,000. Activest Wealth Management increased its stake in shares of SEA by 809.1% during the third quarter. Activest Wealth Management now owns 100 shares of the Internet company based in Singapore's stock worth $32,000 after purchasing an additional 89 shares in the last quarter. Eaton Vance Management boosted its position in SEA by 76.2% during the third quarter. Eaton Vance Management now owns 215 shares of the Internet company based in Singapore's stock worth $37,000 after acquiring an additional 93 shares during the last quarter. Bbva USA acquired a new position in SEA during the third quarter worth about $39,000. Finally, Spectrum Management Group LLC acquired a new position in SEA during the third quarter worth about $58,000. 52.75% of the stock is owned by institutional investors and hedge funds.
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