In the preceding three months, 13 analysts have released ratings for Sea (NYSE:SE), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 3 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 3 | 3 | 2 | 0 | 0 |
| 3M Ago | 2 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Sea, revealing an average target of $78.23, a high estimate of $94.00, and a low estimate of $60.00. Witnessing a positive shift, the current average has risen by 7.56% from the previous average price target of $72.73.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Sea by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Sachin Mittal | DBS Bank | Announces | Hold | $75.00 | - |
| Ranjan Sharma | JP Morgan | Lowers | Neutral | $78.00 | $84.00 |
| Rob Sanderson | Loop Capital | Raises | Buy | $94.00 | $92.00 |
| Jiong Shao | Barclays | Raises | Overweight | $87.00 | $85.00 |
| Sachin Salgaonkar | B of A Securities | Raises | Buy | $75.00 | $70.00 |
| John Blackledge | TD Cowen | Raises | Hold | $64.00 | $52.00 |
| Fawne Jiang | Benchmark | Raises | Buy | $87.00 | $78.00 |
| Peter Milliken | Deutsche Bank | Announces | Hold | $60.00 | - |
| Scott Devitt | Wedbush | Maintains | Outperform | $72.00 | $72.00 |
| Fawne Jiang | Benchmark | Maintains | Buy | $78.00 | $78.00 |
| Jiong Shao | Barclays | Raises | Overweight | $85.00 | $68.00 |
| Rob Sanderson | Loop Capital | Raises | Buy | $92.00 | $59.00 |
| Sachin Salgaonkar | B of A Securities | Raises | Buy | $70.00 | $62.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sea. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sea compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Sea's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Sea's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Sea analyst ratings.
All You Need to Know About Sea
Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.
Key Indicators: Sea's Financial Health
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Sea's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 22.8%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -0.63%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Sea's ROE stands out, surpassing industry averages. With an impressive ROE of -0.36%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Sea's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.12% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Sea's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.62.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.