Sea Ltd ADR’s stock (SE) continues to rise above its goal

Sea Ltd ADR [SE] stock prices are up 5.58% to $53.90 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SE shares have gain 18.83% over the last week, with a monthly amount glided 33.19%, and seem to be holding up well over a long-time horizon.

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On 4, March 2024, Sea Limited Reports Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2023.

From an analyst’s perspective:

Sea Ltd ADR [NYSE: SE] stock has seen the most recent analyst activity on February 21, 2024, when JP Morgan reiterated its Neutral rating and also revised its price target to $40 from $42. Previously, Daiwa Securities upgraded its rating to Buy on February 02, 2024. On February 01, 2024, upgrade upgraded it’s rating to Buy. Morgan Stanley downgraded its rating to a Equal-Weight. Wedbush initiated its recommendation with a Outperform and recommended $48 as its price target on August 22, 2023. JP Morgan downgraded its rating to Neutral for this stock on August 18, 2023, but kept the price target unchanged to $45. In a note dated August 16, 2023, Citigroup downgraded an Neutral rating on this stock but restated the target price of $50.

The stock price of Sea Ltd ADR [SE] has been fluctuating between $34.35 and $88.84 over the past year. Currently, Wall Street analysts expect the stock to reach $194.68 within the next 12 months. Sea Ltd ADR [NYSE: SE] shares were valued at $53.90 at the most recent close of the market. An investor can expect a potential return of 261.19% based on the average SE price forecast.

Analyzing the SE fundamentals

The Sea Ltd ADR [NYSE:SE] reported sales of 12.92B for trailing twelve months, representing a surge of 5.51%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.11 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.78 points at the first support level, and at 45.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.01, and for the 2nd resistance point, it is at 62.12.

Sea Ltd ADR [SE] reported earnings per share of -$0.26 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.03/share, meaning a difference of -$0.29 and a surprise factor of -966.70%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.54 per share as compared to estimates of $0.41 per share, a difference of $0.13 representing a surprise of 31.70%.

Ratios To Look Out For

It’s worth pointing out that Sea Ltd ADR [NYSE:SE]’s Current Ratio is 1.70. In addition, the Quick Ratio stands at 1.69 and the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 2.17, the price to book ratio is 4.71 and price to earnings (TTM) ratio is 48.09.

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