worth buying post Earnings results? SEA (NYSE:SE)

Earnings results for SEA (NYSE:SE)

Sea Limited is expected* to report earnings on 08/17/2021 before market open. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.56. The reported EPS for the same quarter last year was $-0.84.

SEA last posted its earnings results on May 18th, 2021. The Internet company based in Singapore reported ($0.62) earnings per share for the quarter, missing the consensus estimate of ($0.56) by $0.06. The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.68 billion. Its revenue for the quarter was up 146.7% on a year-over-year basis. SEA has generated ($3.39) earnings per share over the last year (($3.59) diluted earnings per share). Earnings for SEA are expected to grow in the coming year, from ($2.50) to ($0.46) per share. SEA has confirmed that its next quarterly earnings report will be published on Tuesday, August 17th, 2021. SEA will be holding an earnings conference call on Tuesday, August 17th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Analyst Opinion on SEA (NYSE:SE)

10 Wall Street analysts have issued ratings and price targets for SEA in the last 12 months. Their average twelve-month price target is $275.89, predicting that the stock has a possible downside of 5.03%. The high price target for SE is $345.00 and the low price target for SE is $198.00. There are currently 1 hold rating and 9 buy ratings 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 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $275.89, SEA has a forecasted downside of 5.0% from its current price of $290.49. SEA has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: SEA (NYSE:SE)

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

Insiders buying/selling: SEA (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. 49.63% 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 (NYSE:SE

Earnings for SEA are expected to grow in the coming year, from ($2.50) to ($0.46) per share. The P/E ratio of SEA is -80.92, 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 -80.92, 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 43.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

More latest stories: here