Analysts' ratings for Sea SE over the last quarter vary from bullish to bearish, as provided by 14 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 5 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 5 | 4 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $65.79, a high estimate of $92.00, and a low estimate of $43.00. This upward trend is evident, with the current average reflecting a 26.18% increase from the previous average price target of $52.14.
Analyzing Analyst Ratings: A Detailed Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive Sea. The following summary 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 | $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 |
| Mark Goodridge | Morgan Stanley | Raises | Equal-Weight | $65.00 | $47.00 |
| John Blackledge | TD Cowen | Raises | Market Perform | $52.00 | $40.00 |
| Piyush Choudhary | HSBC | Raises | Buy | $76.00 | $70.00 |
| Fawne Jiang | Benchmark | Raises | Buy | $78.00 | $65.00 |
| Jiong Shao | Barclays | Raises | Overweight | $68.00 | $59.00 |
| Sachin Salgaonkar | B of A Securities | Raises | Neutral | $55.00 | $46.00 |
| Scott Devitt | Wedbush | Raises | Outperform | $72.00 | $45.00 |
| Ranjan Sharma | JP Morgan | Raises | Overweight | $70.00 | $43.00 |
| Venugopal Garre | Bernstein | Raises | Outperform | $60.00 | $50.00 |
| Ranjan Sharma | JP Morgan | Raises | Neutral | $43.00 | $40.00 |
| Alicia Yap | Citigroup | Raises | Buy | $50.00 | $44.00 |
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: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sea compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sea's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sea's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Sea analyst ratings.
Get to Know Sea Better
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.
Unraveling the Financial Story of Sea
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Sea's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 9.26%. 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: Sea's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -3.03%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Sea's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -1.68%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Sea's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.59%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Sea's debt-to-equity ratio is below the industry average. With a ratio of 0.67, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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