SEA (NYSE:SE) Announces Earnings Results

SEA (NYSE:SE) released its quarterly earnings results on Tuesday. The Internet company based in Singapore reported $0.39 earnings per share for the quarter, missing the consensus estimate 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 Price Performance

Shares of NYSE:SE opened at $123.52 on Tuesday. The firm has a market cap of $70.70 billion, a PE ratio of 823.47 and a beta of 1.55. SEA has a 52 week low of $49.76 and a 52 week high of $139.18. The firm’s fifty day moving average is $118.72 and its 200-day moving average is $104.60. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62.

Analysts Set New Price Targets

SE has been the topic of several recent analyst reports. 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 from $80.00) on shares of SEA in a report on Tuesday, November 19th. TD Cowen increased their price target on shares of SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. Wedbush reissued an “outperform” rating and set a $105.00 price objective (up from $84.00) on shares of SEA in a research note on Monday, November 4th. Finally, Barclays upped their price objective on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, SEA currently has a consensus rating of “Moderate Buy” and a consensus target price 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.