Sea Ltd ADR (SE) stock expected to rise by 141.93%: What’s driving the optimism?

Sea Ltd ADR [SE] stock prices are up 3.18% to $66.92 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SE shares have gain 11.64% over the last week, with a monthly amount drifted -9.36%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Sea Ltd ADR [NYSE: SE] stock has seen the most recent analyst activity on June 25, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $78 from $84. On April 24, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $92 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $70 on April 22, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $70 on April 22, 2024. JP Morgan upgraded its rating to Overweight for this stock on March 05, 2024, and upped its price target to $70. In a note dated February 21, 2024, JP Morgan reiterated an Neutral rating on this stock and revised its target price from $42 to $40.

The stock price of Sea Ltd ADR [SE] has been fluctuating between $34.35 and $76.60 over the past year. Currently, Wall Street analysts expect the stock to reach $161.9 within the next 12 months. Sea Ltd ADR [NYSE: SE] shares were valued at $66.92 at the most recent close of the market. An investor can expect a potential return of 141.93% based on the average SE price forecast.

Analyzing the SE fundamentals

The Sea Ltd ADR [NYSE:SE] reported sales of 13.76B for trailing twelve months, representing a surge of 22.26%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.

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 65.68 points at the first support level, and at 64.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.62, and for the 2nd resistance point, it is at 68.33.

Ratios To Look Out For

It’s worth pointing out that Sea Ltd ADR [NYSE:SE]’s Current Ratio is 1.46. Further, the Quick Ratio stands at 1.44, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 2.57, the price to book ratio is 5.76 and price to earnings (TTM) ratio is 1724.74.

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