Equities analysts expect that Vipshop Holdings Ltd – (NYSE:VIPS) will announce $0.17 earnings per share for the current quarter, according to Zacks. Two analysts have issued estimates for Vipshop’s earnings. Vipshop also posted earnings of $0.17 per share in the same quarter last year. The firm is scheduled to issue its next quarterly earnings results on Monday, May 13th.
According to Zacks, analysts expect that Vipshop will report full-year earnings of $0.72 per share for the current year, with EPS estimates ranging from $0.71 to $0.72. For the next year, analysts expect that the company will report earnings of $0.83 per share, with EPS estimates ranging from $0.82 to $0.84. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Vipshop.
Vipshop (NYSE:VIPS) last released its earnings results on Wednesday, February 20th. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.01. Vipshop had a net margin of 2.53% and a return on equity of 12.71%. The business had revenue of $26.08 billion during the quarter, compared to analyst estimates of $26.78 billion. During the same quarter in the prior year, the firm earned $1.41 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year.
A number of equities research analysts have recently issued reports on VIPS shares. Zacks Investment Research lowered shares of Vipshop from a “buy” rating to a “hold” rating in a report on Wednesday, March 27th. Bank of America lowered shares of Vipshop from a “buy” rating to a “neutral” rating and set a $6.92 target price for the company. in a report on Tuesday, February 19th. Macquarie lowered shares of Vipshop from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $7.00 to $5.90 in a report on Friday, February 22nd. ValuEngine raised shares of Vipshop from a “strong sell” rating to a “sell” rating in a report on Monday, February 4th. Finally, Credit Suisse Group lowered shares of Vipshop from a “neutral” rating to an “underperform” rating in a report on Thursday, February 21st. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Vipshop presently has an average rating of “Hold” and a consensus target price of $8.18.
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Segantii Capital Management Ltd purchased a new stake in shares of Vipshop in the first quarter valued at about $588,000. Geode Capital Management LLC grew its holdings in shares of Vipshop by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 843,714 shares of the technology company’s stock valued at $4,575,000 after purchasing an additional 26,192 shares during the period. Norges Bank purchased a new stake in shares of Vipshop in the fourth quarter valued at about $28,848,000. Dimensional Fund Advisors LP grew its holdings in shares of Vipshop by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,937,700 shares of the technology company’s stock valued at $26,984,000 after purchasing an additional 18,633 shares during the period. Finally, Legal & General Group Plc grew its holdings in shares of Vipshop by 29.1% in the fourth quarter. Legal & General Group Plc now owns 2,717,545 shares of the technology company’s stock valued at $14,838,000 after purchasing an additional 612,069 shares during the period. 45.92% of the stock is owned by hedge funds and other institutional investors.
Shares of Vipshop stock traded up $0.36 during trading hours on Monday, reaching $8.65. 12,184,193 shares of the company’s stock were exchanged, compared to its average volume of 7,111,331. Vipshop has a 1 year low of $4.30 and a 1 year high of $17.43. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 20.12 and a beta of 1.93. The company has a quick ratio of 0.85, a current ratio of 1.05 and a debt-to-equity ratio of 0.03.
Vipshop Company Profile
Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.
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