SEA (NYSE:SE) had its target price upped by analysts at Piper Jaffray Companies from $25.00 to $35.00 in a research note issued on Wednesday, The Fly reports. The brokerage currently has an “overweight” rating on the Internet company based in Singapore’s stock. Piper Jaffray Companies’ target price would indicate a potential upside of 11.11% from the company’s current price.

SE has been the topic of a number of other reports. Zacks Investment Research downgraded shares of SEA from a “buy” rating to a “hold” rating in a research report on Tuesday, March 5th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $32.00 target price on shares of SEA in a research report on Monday, May 6th. Finally, ValuEngine raised shares of SEA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 2nd.

NYSE SE opened at $31.50 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.41 and a debt-to-equity ratio of 39.64. The firm has a market capitalization of $8.30 billion, a P/E ratio of -10.64 and a beta of 1.69. SEA has a 12 month low of $10.52 and a 12 month high of $32.00.

SEA (NYSE:SE) last posted its earnings results on Tuesday, February 26th. The Internet company based in Singapore reported ($0.99) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.90) by ($0.09). The company had revenue of $389.29 million during the quarter, compared to analysts’ expectations of $297.25 million. SEA had a negative net margin of 140.24% and a negative return on equity of 15,761.78%. On average, research analysts forecast that SEA will post -2.65 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of SE. Daiwa Securities Group Inc. acquired a new stake in SEA during the 1st quarter worth $58,000. Quantamental Technologies LLC acquired a new stake in SEA during the 4th quarter worth $28,000. Penserra Capital Management LLC boosted its stake in SEA by 2.0% during the 1st quarter. Penserra Capital Management LLC now owns 167,292 shares of the Internet company based in Singapore’s stock worth $3,934,000 after purchasing an additional 3,354 shares during the period. NumerixS Investment Technologies Inc boosted its stake in SEA by 393.3% during the 4th quarter. NumerixS Investment Technologies Inc now owns 7,400 shares of the Internet company based in Singapore’s stock worth $83,000 after purchasing an additional 5,900 shares during the period. Finally, Deutsche Bank AG acquired a new stake in SEA during the 4th quarter worth $103,000. 37.99% of the stock is currently owned by hedge funds and other institutional investors.

SEA Company Profile

Sea Limited engages in the digital entertainment, e-commerce, and digital financial service businesses in Taiwan, Thailand, Vietnam, Indonesia, and internationally. It provides Garena digital entertainment platform for users to access mobile and PC online games, and eSports operations; and access to other entertainment content, such as live streaming of online gameplay and social features.

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