SEA (SE) to Release Quarterly Earnings on Tuesday

SEA (NYSE:SE) is expected to be announcing its earnings results before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $4.64 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

SEA Price Performance

NYSE:SE opened at $127.05 on Friday. The firm has a market cap of $72.71 billion, a price-to-earnings ratio of 846.99 and a beta of 1.55. The company has a current ratio of 1.62, a quick ratio of 1.60 and a debt-to-equity ratio of 0.36. The company’s 50-day moving average is $118.72 and its two-hundred day moving average is $104.40. SEA has a 12-month low of $48.14 and a 12-month high of $139.18.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on SE shares. Wedbush restated 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. 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. Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Barclays upped their target price on shares of SEA from $131.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Benchmark upped their target price on shares of SEA from $94.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.43.

About SEA

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.