Is it time to Buy before this week’s earning report SEA Stock Forecast, Price & News (NYSE:SE)

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Earnings results for SEA Stock Forecast, Price & News (NYSE:SE)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.66 and remained the same over the past month at -0.66. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -2.68 and remained the same over the past month at -2.68 . none raised and none lowered their forecast.

SEA last posted its quarterly earnings results on May 18th, 2020. The Internet company based in Singapore reported ($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.38) by $0.14. The business had revenue of $913.90 million for the quarter, compared to analysts’ expectations of $890.94 million. Its quarterly revenue was up 57.9% on a year-over-year basis. SEA has generated ($2.27) earnings per share over the last year. SEA has confirmed that its next quarterly earnings report will be published on Tuesday, August 18th, 2020.

Analyst Opinion on SEA Stock Forecast, Price & News (NYSE:SE)

11 Wall Street analysts have issued ratings and price targets for SEA in the last 12 months. Their average twelve-month price target is $94.20, predicting that the stock has a possible downside of 29.85%. The high price target for SE is $152.00 and the low price target for SE is $44.00. There are currently 1 sell rating, 1 hold rating, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

SEA has received a consensus rating of Buy. The company’s average rating score is 2.82, and is based on 8 buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $94.20, SEA has a forecasted downside of 29.8% from its current price of $134.28. SEA has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: SEA Stock Forecast, Price & News (NYSE:SE)

SEA does not currently pay a dividend. SEA does not have a long track record of dividend growth.

Insiders buying/selling: SEA Stock Forecast, Price & News (NYSE:SE)

In the past three months, SEA insiders have not sold or bought any company stock. Only 0.22% of the stock of SEA is held by insiders. 68.72% of the stock of SEA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of SEA Stock Forecast, Price & News (NYSE:SE

Earnings for SEA are expected to grow in the coming year, from ($2.68) to ($1.82) per share. The P/E ratio of SEA is -63.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of SEA is -63.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. SEA has a P/B Ratio of 37.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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