Baird Financial Group Invests in Sea Limited During Fourth Quarter
June 21, 2023
🌧️Trending News
Baird Financial Group Inc. recently made a bold move in the stock market during the fourth quarter by investing in Sea Limited ($NYSE:SE). Sea Limited is a leading digital consumer platform provider and one of the largest internet companies in Southeast Asia. The company is listed on the NYSE and provides a variety of services for consumers ranging from e-commerce to digital payments. They offer a range of products and services including SeaMoney, Shopee, and Garena. Their presence in Southeast Asia has enabled them to reach a broader audience that has helped contribute to their success. Baird Financial Group Inc.’s decision to invest in Sea Limited is seen as a positive move, as it shows confidence in the company’s future prospects.
With their growing presence in Southeast Asia, Sea Limited has been able to increase their user base, resulting in strong revenue growth in the fourth quarter. This has led to an increase in their stock price, which is why Baird Financial Group Inc. decided to invest at this time. With their presence in Southeast Asia, Sea Limited has been able to reach a broader audience, resulting in strong revenue growth for the company. This has resulted in an increase in their stock price, which is why Baird Financial Group Inc. decided to invest at this time.
Stock Price
The stock opened at $66.1 and closed at $65.7, up by 1.0% from last closing price of 65.0. This investment is just one of the many investments that have been made in SEA LIMITED over the past few years, highlighting the company’s potential for success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sea Limited. More…
| Total Revenues | Net Income | Net Margin |
| 12.59k | -983.54 | -5.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sea Limited. More…
| Operations | Investing | Financing |
| 273.5 | -1.97k | 317.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sea Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.24k | 11.05k | 10.75 |
Key Ratios Snapshot
Some of the financial key ratios for Sea Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 70.5% | – | -6.4% |
| FCF Margin | ROE | ROA |
| -5.6% | -8.5% | -2.9% |
Analysis
At GoodWhale, we have conducted an analysis of SEA LIMITED‘s financials. Based on our Risk Rating, SEA LIMITED is considered a medium risk investment; in terms of both financial and business aspects. Our analysis also identified two risk warnings within SEA LIMITED’s balance sheet and cashflow statement. To access the detailed risk warnings, become a registered user and check it out. More…
Peers
Sea Ltd is a gaming company that operates in various countries. Aeria Inc, Bragg Gaming Group Inc, and Gamania Digital Entertainment Co Ltd are some of its competitors.
– Aeria Inc ($TSE:3758)
Aeria Inc is a global publisher of online games. The company was founded in 2006 and is headquartered in Santa Clara, California. Aeria Inc has a market cap of 10.01B as of 2022, a Return on Equity of 3.69%. The company’s games are free-to-play and available online, on mobile devices, and through social networking sites. Aeria Inc’s portfolio includes popular massively multiplayer online games such as Alliance of Valiant Arms, Eden Eternal, Aura Kingdom, and Twin Saga. The company also publishes mobile games such as Big Bang Empire and Game of Dice. In addition to game publishing, Aeria Inc operates an online gaming portal, aeriaGames.com, which offers a variety of casual and social games.
– Bragg Gaming Group Inc ($TSX:BRAG)
Bragg Gaming Group Inc is a Canadian online gaming company. The company operates in the online gambling and gaming industry. It offers online gaming products and services to customers in Europe, Australia, and North America. The company’s products and services include online casino, sports betting, and horse racing. Bragg Gaming Group Inc is headquartered in Toronto, Canada.
– Gamania Digital Entertainment Co Ltd ($TPEX:6180)
Gamania Digital Entertainment Co Ltd has a market cap of 9.35B as of 2022, a Return on Equity of 20.25%. The company is a Taiwanese digital entertainment company that operates online games, online video, and other digital content platforms. The company’s flagship product is Gash Point, an online game platform that offers a variety of games for gamers to play. The company also operates a number of other online game platforms, including Gamania Games, which offers a variety of online games for gamers to play; and GamaZone, which offers a variety of online video content for gamers to watch.
Summary
Investing in Sea Limited (SE) has proven to be a lucrative endeavor as of late, evidenced by Baird Financial Group Inc.’s acquisition of a substantial position during the fourth quarter. SE is an online gaming and e-commerce platform with a presence in Southeast Asia and Taiwan, offering a mix of services such as SeaMoney, Shopee, Foodpanda, and Garena. Analysts believe that SE will continue to benefit from the rising demand for digital services in the region, as well as expanding its suite of products and services.
The company also recently announced a stock split, which should further boost investor confidence in SE. While there is potential upside for investors, it is important to conduct due diligence when investing in SE and consider risks such as competitive pressures, macroeconomic volatility, and operational risks.
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