SEA (SE) to Release Quarterly Earnings on Tuesday

SEA (NYSE:SE) is scheduled to release its earnings data before the market opens on Tuesday, November 12th. Analysts expect SEA to post earnings of $0.59 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

SEA (NYSE:SE) last announced its earnings results on Tuesday, August 13th. The Internet company based in Singapore reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.45). SEA had a negative net margin of 1.36% and a negative return on equity of 2.92%. The company had revenue of $3.81 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same quarter last year, the business posted $0.54 earnings per share. The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. On average, analysts expect SEA to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SEA Price Performance

SEA stock opened at $93.56 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.49 and a quick ratio of 1.48. The business has a 50 day simple moving average of $91.40 and a 200-day simple moving average of $78.03. SEA has a 12 month low of $34.35 and a 12 month high of $101.93. The stock has a market capitalization of $53.55 billion, a PE ratio of -267.31 and a beta of 1.52.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SE. Barclays lifted their price target on shares of SEA from $87.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, August 15th. Benchmark boosted their target price on SEA from $87.00 to $94.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. TD Cowen upped their target price on SEA from $64.00 to $69.00 and gave the company a “hold” rating in a report on Wednesday, August 14th. Citigroup cut their price target on SEA from $81.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, July 23rd. Finally, Wedbush reiterated an “outperform” rating and issued a $105.00 price objective (up from $84.00) on shares of SEA in a research report on Monday, November 4th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.54.

SEA Company Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.