SEA (SE) Expected to Announce Quarterly Earnings on Tuesday

SEA (NYSE:SE) is expected to be announcing its earnings results before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $4.64 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

SEA Trading Down 0.5 %

NYSE:SE opened at $126.95 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 firm has a market capitalization of $72.66 billion, a price-to-earnings ratio of 846.30 and a beta of 1.55. SEA has a one year low of $44.71 and a one year high of $139.18. The business has a fifty day moving average price of $117.59 and a 200-day moving average price of $103.03.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SE shares. Benchmark increased their price target on SEA from $94.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Dbs Bank upgraded SEA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Barclays increased their price target on SEA from $94.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. TD Cowen increased their price target on SEA from $69.00 to $100.00 and gave the stock a “hold” rating in a research note on Wednesday, November 13th. Finally, Phillip Securities reiterated a “reduce” rating and issued a $100.00 price target (up previously from $80.00) on shares of SEA in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $91.21.

About SEA

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.