Sea Ltd ADR (NYSE: SE) Increases 7.04% Over A Month, But Analysts Still See Upside Potential

Sea Ltd ADR (NYSE:SE) currently has a daily average trading volume of 4.52M but it saw 2044755 shares traded in last market. With a market cap of 52.56B USD, the company’s current market price of $99.39 came falling about -0.20 while comparing to the previous closing price of $99.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $101.60 and as low as $34.35. In the recent trading on the day, stock has struck highest price mark of $97.84 while lowest mark touched by it was $100.0899.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which upgraded the stock as “Overweight” in its note to investors issued on August 14, 2024, recommending a price target of between $66 and $90 for it. JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on June 25, 2024 while assigning a price target range of $84-$78. Deutsche Bank issued its recommendations for the stock as it resumed the price target for the stock is $60.

Over the week, SE’s stock price is moving 0.02% up while it is 7.04% when we observe its performance for the past one month. Year-to-date it is 145.41% up and over the past year, the stock is showing an upside performance of 123.50%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.26 beaten by the consensus estimate of 0.03 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.24 while estimate for next year EPS is 0.79. In next quarter, company is expected to be making quarterly sales of $4.47B as analysts are expecting the sales for current fiscal year at $16.01B and seeing the company making $18.96B in sales next year. Moreover, analysts are in estimates of $4.06B for current-quarter revenue.

Currently, Sea Ltd ADR’s total number of outstanding shares is 526.81M. Company’s return on investment (ROI) stands at -1.91% and return on equity (ROE) at -3.02%. It has a 37.70 of forward P/E ratio. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 8.31 while price to sale or P/S ratio amounts to 3.63. Its return on asset (ROA) is -1.08% on average.