In the most recent buying and selling session, Sea
In the most recent buying and selling session, Sea Restricted Sponsored ADR (SE) closed at $234.90, marking a -0.66% transfer from the day gone by. This modification lagged the S&P 500’s 1.44% achieve on the day.
Heading into right now, shares of the corporate had gained 2.91% over the previous month, lagging the Finance sector’s achieve of three.25% and the S&P 500’s achieve of 6.26% in that point.
SE will likely be trying to show power because it nears its subsequent earnings launch. In that report, analysts anticipate SE to put up earnings of -$0.39 per share. This may mark year-over-year development of 25%. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $2.07 billion, up 126.34% from the year-ago interval.
Trying on the full 12 months, our Zacks Consensus Estimates recommend analysts predict earnings of -$1.08 per share and income of $9.82 billion. These totals would mark modifications of +61.15% and +67.22%, respectively, from final 12 months.
Traders must also observe any latest modifications to analyst estimates for SE. Latest revisions are likely to mirror the most recent near-term enterprise tendencies. As such, constructive estimate revisions mirror analyst optimism in regards to the firm’s enterprise and profitability.
Primarily based on our analysis, we consider these estimate revisions are instantly associated to near-team inventory strikes. To profit from this, now we have developed the Zacks Rank, a proprietary mannequin which takes these estimate modifications into consideration and gives an actionable ranking system.
Starting from #1 (Sturdy Purchase) to #5 (Sturdy Promote), the Zacks Rank system has a confirmed, outside-audited observe file of outperformance, with #1 shares returning a mean of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 31.85% greater. SE is at present sporting a Zacks Rank of #5 (Sturdy Promote).
The Monetary – Funding Funds trade is a part of the Finance sector. This group has a Zacks Business Rank of 195, placing it within the backside 24% of all 250+ industries.
The Zacks Business Rank gauges the power of our trade teams by measuring the common Zacks Rank of the person shares throughout the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
You will discover extra info on all of those metrics, and far more, on Zacks.com.
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Sea Restricted Sponsored ADR (SE): Free Inventory Evaluation Report
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