SEA (NYSE:SE) Issues Earnings Results

SEA (NYSE:SE) released its quarterly earnings data on Tuesday. The Internet company based in Singapore reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.37), Zacks reports. SEA had a return on equity of 1.40% and a net margin of 0.64%.

SEA Trading Down 2.9 %

SE opened at $123.52 on Tuesday. SEA has a 12 month low of $49.76 and a 12 month high of $139.18. The stock has a market capitalization of $70.70 billion, a price-to-earnings ratio of 823.47 and a beta of 1.55. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The business has a fifty day moving average price of $118.72 and a 200 day moving average price of $104.60.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Barclays boosted their price objective on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. TD Cowen lifted their target price on SEA from $69.00 to $100.00 and gave the company a “hold” rating in a research report on Wednesday, November 13th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Phillip Securities restated a “reduce” rating and issued a $100.00 target price (up previously from $80.00) on shares of SEA in a research report on Tuesday, November 19th. Finally, Wedbush restated an “outperform” rating and issued a $105.00 target price (up previously from $84.00) on shares of SEA in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $92.43.

SEA Company Profile

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.