Does Sea Ltd ADR (NYSE: SE) Still Look Attractive After A 8.71% Selloff Last Week?

During the recent session, Sea Ltd ADR (NYSE:SE)’s traded shares were 2.2 million, with the beta value of the company hitting 1.51. At the last check today, the stock’s price was $86.01, reflecting an intraday gain of 4.38% or $3.61. The 52-week high for the SE share is $83.69, that puts it up 2.7 from that peak though still a striking 60.06% gain since the share price plummeted to a 52-week low of $34.35. The company’s market capitalization is $45.48B, and the average intraday trading volume over the past 10 days was 3.56 million shares, and the average trade volume was 4.84 million shares over the past three months.

Sea Ltd ADR (SE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. SE has a Sell rating from 1 analyst(s) out of 28 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 21 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.25.

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Sea Ltd ADR (NYSE:SE) trade information

Sea Ltd ADR (SE) registered a 4.38% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.38% in intraday trading to $86.01, hitting a weekly high. The stock’s 5-day price performance is 8.71%, and it has moved by 6.11% in 30 days. Based on these gigs, the overall price performance for the year is 124.10%. The short interest in Sea Ltd ADR (NYSE:SE) is 16.5 million shares and it means that shorts have 2.83 day(s) to cover.

The consensus price target of analysts on Wall Street is $92, which implies an increase of 6.51% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $50 and $462.2228005 respectively. As a result, SE is trading at a discount of -437.41% off the target high and 41.87% off the low.

Sea Ltd ADR (SE) estimates and forecasts

Statistics show that Sea Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. Sea Ltd ADR (SE) shares have gone up 53.62% during the last six months, with a year-to-date growth rate more than the industry average at 47.79% against 18.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 196.20% this quarter and then jump 252.60% in the quarter after that. In the rating firms’ projections, revenue will increase 21.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4B as predicted by 8 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 4.42B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.31B and 3.62B respectively. In this case, analysts expect current quarter sales to grow by 20.90% and then jump by 22.10% in the coming quarter.

While earnings are projected to return 452.59% in 2024.

SE Dividends

Sea Ltd ADR is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sea Ltd ADR (NYSE:SE)’s Major holders

Sea Ltd ADR insiders own 28.97% of total outstanding shares while institutional holders control 61.81%, with the float percentage being 87.03%. BAILLIE GIFFORD & CO is the largest shareholder of the company, while 903.0 institutions own stock in it. As of 2024-06-30, the company held over 34.27 million shares (or 6.0021% of all shares), a total value of $2.45 billion in shares.

The next largest institutional holding, with 28.1 million shares, is of FMR LLC’s that is approximately 4.9218% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.01 billion.