Sea Limited (SE) Forms $12.38 Double Bottom; Luminus Management Trimmed Stantec (STN) Holding

Luminus Management Llc decreased Stantec Inc (STN) stake by 48.94% reported in 2017Q3 SEC filing. Luminus Management Llc sold 933,100 shares as Stantec Inc (STN)’s stock declined 16.73%. The Luminus Management Llc holds 973,411 shares with $27.01M value, down from 1.91M last quarter. Stantec Inc now has $3.19 billion valuation. The stock increased 1.07% or $0.3 during the last trading session, reaching $28.4. About 23,385 shares traded or 14.79% up from the average. Stantec Inc. (NYSE:STN) has declined 7.10% since February 16, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

Sea Limited (SE) formed double bottom with $11.27 target or 9.00% below today’s $12.38 share price. Sea Limited (SE) has $4.05 billion valuation. The stock increased 5.54% or $0.65 during the last trading session, reaching $12.38. About 1.52M shares traded or 26.26% up from the average. Sea Limited (NYSE:SE) has 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 0.5 in Q3 2017. Its up 0.43, from 0.07 in 2017Q2. It increased, as 1 investors sold Sea Limited shares while 1 reduced holdings. 1 funds opened positions while 0 raised stakes. 55,235 shares or 98.48% less from 3.63 million shares in 2017Q2 were reported. Monroe Bancorporation Mi accumulated 0.04% or 2,550 shares. Jacobs & Co Ca holds 0.48% in Sea Limited (NYSE:SE) or 17,285 shares. Beacon Financial Grp reported 35,400 shares.

Among 13 analysts covering Spectra Energy Corp. (NYSE:SE), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Spectra Energy Corp. has $44 highest and $18.0 lowest target. $34.13’s average target is 175.69% above currents $12.38 stock price. Spectra Energy Corp. had 27 analyst reports since August 6, 2015 according to SRatingsIntel. UBS downgraded Sea Limited (NYSE:SE) on Monday, September 12 to “Neutral” rating. The firm earned “Outperform” rating on Wednesday, September 7 by Raymond James. Bernstein initiated Sea Limited (NYSE:SE) rating on Wednesday, May 11. Bernstein has “Market Perform” rating and $33 target. Wells Fargo initiated the stock with “Market Perform” rating in Friday, December 18 report. The stock has “Sector Perform” rating by Howard Weil on Saturday, August 8. The stock of Sea Limited (NYSE:SE) earned “Sector Perform” rating by Howard Weil on Thursday, August 6. The stock of Sea Limited (NYSE:SE) earned “Neutral” rating by UBS on Wednesday, August 26. Argus Research maintained Sea Limited (NYSE:SE) rating on Tuesday, November 24. Argus Research has “Buy” rating and $35 target. The firm has “Buy” rating by Goldman Sachs given on Friday, September 11. Deutsche Bank maintained Sea Limited (NYSE:SE) on Monday, October 10 with “Hold” rating.

Analysts await Sea Limited (NYSE:SE) to report earnings on February, 20. After $-0.75 actual EPS reported by Sea Limited for the previous quarter, Wall Street now forecasts -9.33% EPS growth.

Among 6 analysts covering Stantec (NYSE:STN), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Stantec had 15 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by National Bank Canada on Wednesday, August 17 to “Outperform”. Desjardins Securities upgraded the shares of STN in report on Friday, May 12 to “Buy” rating. The firm earned “Buy” rating on Monday, May 15 by Desjardins Securities. Canaccord Genuity reinitiated Stantec Inc. (NYSE:STN) on Friday, October 2 with “Hold” rating. The stock has “Mkt Perform” rating by Raymond James on Friday, February 26. The stock of Stantec Inc. (NYSE:STN) has “Sector Perform” rating given on Friday, August 7 by RBC Capital Markets. The stock of Stantec Inc. (NYSE:STN) has “Sector Perform” rating given on Friday, November 6 by RBC Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, July 22. TD Securities maintained the stock with “Hold” rating in Friday, August 7 report. The company was upgraded on Friday, May 13 by Raymond James.

Analysts await Stantec Inc. (NYSE:STN) to report earnings on February, 22. They expect $0.36 earnings per share, up 38.46% or $0.10 from last year’s $0.26 per share. STN’s profit will be $40.42M for 19.72 P/E if the $0.36 EPS becomes a reality. After $0.43 actual earnings per share reported by Stantec Inc. for the previous quarter, Wall Street now forecasts -16.28% negative EPS growth.