Brokerages Set Sea Limited (NYSE:SE) PT at $91.21

Sea Limited (NYSE:SE) has earned a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $91.21.

Several research analysts recently commented on SE shares. Bank of America raised their price target on shares of SEA from $84.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, September 23rd. Phillip Securities reiterated a “reduce” rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a report on Tuesday, November 19th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Wedbush reiterated an “outperform” rating and issued a $105.00 target price (up from $84.00) on shares of SEA in a report on Monday, November 4th. Finally, Benchmark raised their price target on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th.

SEA Trading Down 0.8 %

SE opened at $108.72 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.60 and a current ratio of 1.62. The stock’s 50 day moving average price is $107.58 and its 200-day moving average price is $88.75. SEA has a one year low of $34.35 and a one year high of $119.47. The stock has a market cap of $62.22 billion, a price-to-earnings ratio of 724.80 and a beta of 1.53.

SEA (NYSE:SE) last announced its quarterly earnings data on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.35). SEA had a net margin of 0.64% and a return on equity of 1.40%. The business had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same period last year, the company earned ($0.26) EPS. The business’s revenue was up 30.8% compared to the same quarter last year. On average, equities analysts forecast that SEA will post 0.81 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rosenberg Matthew Hamilton increased its stake in SEA by 213.7% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock valued at $28,000 after purchasing an additional 203 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of SEA in the 3rd quarter valued at $41,000. Icon Wealth Advisors LLC purchased a new position in SEA in the 3rd quarter worth $47,000. SOA Wealth Advisors LLC. lifted its position in SEA by 33.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 600 shares of the Internet company based in Singapore’s stock worth $57,000 after acquiring an additional 150 shares during the period. Finally, TD Private Client Wealth LLC grew its stake in SEA by 33.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 603 shares of the Internet company based in Singapore’s stock valued at $57,000 after purchasing an additional 152 shares during the last quarter. 59.53% of the stock is currently owned by hedge funds and other institutional investors.

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.