In the preceding three months, 12 analysts have released ratings for Sea 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 | 4 | 2 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 2 | 2 | 2 | 0 | 0 |
| 2M Ago | 3 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $77.83, along with a high estimate of $94.00 and a low estimate of $60.00. Surpassing the previous average price target of $69.80, the current average has increased by 11.5%.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Sea among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 | - |
| 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 |
| Venugopal Garre | Bernstein | Raises | Outperform | $70.00 | $60.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sea. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Sea compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Sea's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Sea analyst ratings.
Discovering Sea: A Closer Look
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.
A Deep Dive into Sea's Financials
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Sea displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 22.8%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Sea's net margin excels beyond industry benchmarks, reaching -0.63%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Sea's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.36% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Sea's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.12%, the company showcases efficient use of assets and strong financial health.
Debt Management: Sea's debt-to-equity ratio is below the industry average at 0.62, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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