Sea Limited Sponsored ADR (SE) Registers a Bigger Fall Than the Market: Important Facts to Note

Sea Limited Sponsored ADR (SE) ended the recent trading session at $121.42, demonstrating a -2.08% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.06%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.06%. The company's stock has climbed by 2.94% in the past month, exceeding the Computer and Technology sector's gain of 2.88% and the S&P 500's gain of 1.99%.The investment community will be paying close attention to the earnings performance of Sea Limited Sponsored ADR in its upcoming release. In that report, analysts expect Sea Limited Sponsored ADR to post earnings of $0.91 per share. This would mark year-over-year growth of 46.77%. Meanwhile, the latest consensus estimate predicts the revenue to be $6.69 billion, indicating a 34.52% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.54 per share and revenue of $23.28 billion. These totals would mark changes of +110.71% and 0%, respectively, from last year. It is also important to note the recent changes to analyst estimates for Sea Limited Sponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 4.33% lower. Sea Limited Sponsored ADR is currently a Zacks Rank #5 (Strong Sell). Investors should also note Sea Limited Sponsored ADR's current valuation metrics, including its Forward P/E ratio of 21.99. This represents a discount compared to its industry average Forward P/E of 23.54. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 57, placing it within the top 24% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sea Limited Sponsored ADR (SE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks