Why Sea Limited (SE) Shares Have Plenty of Upside Potential
Sea Limited (NYSE:SE) declined by -5.2%, which means its valuation on the stock-market now stands at $22.42B. Its share price closed at $41.96, having traded in a uptrend. Similarly, significant improvements in trading activity saw average volumes at the ready counter rise to 7,533,435 shares. In contrast, the average intraday trading volume for the last 20 days is 6,766,045 shares. The average volume year-to-date is about 4,886,153. The stock currently trades 92.21% higher on its April 04, 2019 price at $21.83, which was its lowest value during the bear market. Significantly, it has declined by just -25.76% over a 52-week period dating back to last March when it traded at a high of $52.77. Currently, its yearly value has risen by 74.54%, jumping by only 4.33% YTD.
Sea Limited (NYSE:SE) declined by -5.2%, which means its valuation on the stock-market now stands at $22.42B. Its share price closed at $41.96, having traded in a uptrend. Similarly, significant improvements in trading activity saw average volumes at the ready counter rise to 7,533,435 shares. In contrast, the average intraday trading volume for the last 20 days is 6,766,045 shares. The average volume year-to-date is about 4,886,153. The stock currently trades 92.21% higher on its April 04, 2019 price at $21.83, which was its lowest value during the bear market. Significantly, it has declined by just -25.76% over a 52-week period dating back to last March when it traded at a high of $52.77. Currently, its yearly value has risen by 74.54%, jumping by only 4.33% YTD.
The SMA 50 and SMA 200 prices are $45.56 and $36.51 respectively. Sea Limited’s total stock float is 58.96M shares. Its weekly price volatility has averaged 10.55% and 6.6% over the last 30 days. Any upside momentum is likely to test resistance at $43.85, while a downside will rely on its immediate support at $38.17. A lack of near-term support could see it rise to $34.39.
SE’s insider holding accounts for 1.87%, whereas 77.7% is in the hand of Institutions. The Capital Research and Management Company controls over 18.86M Sea Limited shares, valued at over $791.18M in February 29. That makes it the largest holder among mutual funds as of today. Sands Capital Management, LLC comes second with 14.38M shares, equivalent to stock worth $603.3M. FMR Inc is third with 13.06M shares worth $547.84M, which gives it a 2.45 stake in Sea Limited.
In other news, reports indicate that Sea Limited experienced multiple incidences of insider activity. President and CEO Ebel Gregory L is said to have sold 66,587 shares, netting $301,548 on 2016/11/17. President and CEO now owns 2,715,418 shares after that sale, which is worth $12,652,934 (based on the last closing price). A Chief Administrative Officer at Sea Limited, Ables Dorothy M has a stake worth about $5,605,688, after selling 33,400 shares on August 09, 2016, each valued at around $36.25. Buckley Guy G., the company’s Chief Development Officer, is said to have divested a total of 21,100 shares valued at $34,950. The single deal was completed on 42431, and the insider now holds 620,551 shares, with a valued of $1,466,523 (based on recent close).
Additionally, it currently is trading expensively at just above 16.58x price/book, and just 10.31x price/sales. SE is in a league of its own when it comes to profitability, easily reaching -67.2% in net margins. To put it into perspective, the rest of the industry averages a net margin of just 15.3%.Sea Limited have a ROE of -108.8%, significantly lower compared to about 12.9% for the rest. In addition, its near-term liquidity is very high; it currently stands at 1.9. The stock’s debt/capital percentage is 1.19%.
In comparison, SE last exceeded expectations while reporting earnings for the Sep 2019 quarter. The company netted about -$0.34 for every share, which is -34.75% higher than it was in the previous quarter (and better compared to the consensus at -$0.44652 then.) Quarterly revenue amounted to $909.09 million, rising by 19% from previous quarter’s figure, above than the $873.74 million analysts had predicted. Wall Street analysts are giving forecasts of between $1.17 billion and $1.32 billion for this quarter. These predictions are a bit lower bearing in mind that a total of $578.82 million in last year’s revenue. EPS is forecast as likely to be between -$0.82 and -$0.08, slightly higher than the -$0.53 recorded 12 months ago.
本文来自 The RVC News