SEA (NYSE:SE) Announces Quarterly Earnings Results, Misses Expectations By $0.37 EPS

SEA (NYSE:SE) posted its earnings results on Tuesday. The Internet company based in Singapore reported $0.39 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.37), Zacks reports. SEA had a return on equity of 1.40% and a net margin of 0.64%.

SEA Stock Performance

Shares of NYSE:SE opened at $123.52 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.62 and a quick ratio of 1.60. The business’s 50 day moving average price is $118.72 and its 200-day moving average price is $104.60. The firm has a market capitalization of $70.70 billion, a PE ratio of 823.47 and a beta of 1.55. SEA has a 1 year low of $49.76 and a 1 year high of $139.18.

Analysts Set New Price Targets

Several analysts recently commented on SE shares. Barclays raised their target price on SEA from $131.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. TD Cowen raised their target price on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a report on Wednesday, November 13th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Benchmark raised their price objective on SEA from $94.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Finally, Phillip Securities reissued a “reduce” rating and issued a $100.00 price objective (up from $80.00) on shares of SEA in a report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $92.43.

SEA Company Profile

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.