Market Analysts see Sea Limited [SE] gaining to $196. Time to buy?

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Sea Limited [NYSE: SE] price surged by 2.95 percent to reach at $2.58. The company report on March 1, 2022 that Sea Limited Reports Fourth Quarter and Full Year 2021 Results.

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Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2021.

“In 2021, we continued to focus on sustainable growth and serving the fast growing and evolving demands and needs of our communities. With our growing scale, market leadership and strong cash balance, we believe we are well placed to increasingly leverage efficiencies across our ecosystem for growth and manage the levers of our business to reach profitability across more markets and segments in 2022 and beyond,” said Forrest Li, Sea’s Chairman and Group Chief Executive Officer.

A sum of 5348235 shares traded at recent session while its average daily volume was at 8.80M shares. Sea Limited shares reached a high of $90.38 and dropped to a low of $81.50 until finishing in the latest session at $90.17.

The one-year SE stock forecast points to a potential upside of 57.5. The average equity rating for SE stock is currently 1.60, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Sea Limited [SE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SE shares is $212.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SE stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Sea Limited shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 11, 2022. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $250 to $105. The new note on the price target was released on March 04, 2022, representing the official price target for Sea Limited stock. Previously, the target price had yet another drop from $460 to $300, while Goldman kept a Buy rating on SE stock.

The Average True Range (ATR) for Sea Limited is set at 8.15, with the Price to Sales ratio for SE stock in the period of the last 12 months amounting to 5.19. The Price to Book ratio for the last quarter was 6.75, with the Price to Cash per share for the same quarter was set at 17.73.

SE Stock Performance Analysis:

Sea Limited [SE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.27. With this latest performance, SE shares dropped by -32.06% in over the last four-week period, additionally sinking by -74.97% over the last 6 months – not to mention a drop of -63.18% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SE stock in for the last two-week period is set at 40.79, with the RSI for the last a single of trading hit 42.32, and the three-weeks RSI is set at 40.79 for Sea Limited [SE]. The present Moving Average for the last 50 days of trading for this stock 108.50, while it was recorded at 86.78 for the last single week of trading, and 231.42 for the last 200 days.

Insight into Sea Limited Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Sea Limited [SE] shares currently have an operating margin of -18.79 and a Gross Margin at +38.32. Sea Limited’s Net Margin is presently recorded at -20.56.

Return on Equity for this stock declined to -37.99, with Return on Assets sitting at -14.02.

Sea Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.10.

Sea Limited [SE] Insider Position Details

There are presently around $25,643 million, or 59.70% of SE stock, in the hands of institutional investors. The top three institutional holders of SE stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 28,071,659, which is approximately -16.771% of the company’s market cap and around 4.93% of the total institutional ownership; SANDS CAPITAL MANAGEMENT, LLC, holding 18,159,912 shares of the stock with an approximate value of $1.59 billion in SE stocks shares; and CAPITAL WORLD INVESTORS, currently with $1.41 billion in SE stock with ownership of nearly -11.089% of the company’s market capitalization.

Positions in Sea Limited stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 468 institutional holders increased their position in Sea Limited [NYSE:SE] by around 38,593,134 shares. Additionally, 406 investors decreased positions by around 34,503,069 shares, while 64 investors held positions by with 219,670,732 shares. The mentioned changes placed institutional holdings at 292,766,935 shares, according to the latest SEC report filing. SE stock had 127 new institutional investments in for a total of 3,636,405 shares, while 173 institutional investors sold positions of 5,996,814 shares during the same period.