Sea Limited Sponsored ADR (SE) closed at $130.30 in the latest trading session, marking a +0.63% move from the prior day. This move outpaced the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, added 0.46%.

Coming into today, shares of the company had gained 1.8% in the past month. In that same time, the Computer and Technology sector lost 5.94%, while the S&P 500 lost 3.59%.

Analysts and investors alike will be keeping a close eye on the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.93, marking a 342.86% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $4.98 billion, indicating a 31.45% upward movement from the same quarter last year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.17 per share and revenue of $22.15 billion, indicating changes of +148.21% and +30.76%, respectively, compared to the previous year.

Investors should also take note of any recent adjustments to analyst estimates for Sea Limited Sponsored ADR. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.7% higher. Currently, Sea Limited Sponsored ADR is carrying a Zacks Rank of #3 (Hold).

Looking at valuation, Sea Limited Sponsored ADR is presently trading at a Forward P/E ratio of 31.08. This expresses a premium compared to the average Forward P/E of 28.29 of its industry.

The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 128, putting it in the top 50% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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