Analysts Expect Secoo Holding Ltd – (SECO) to Post $0.14 EPS

Shares of Secoo Holding Ltd – (NASDAQ:SECO) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus price objective of $17.40 for the company and are expecting that the company will post $0.14 earnings per share for the current quarter, according to Zacks. Zacks has also given Secoo an industry rank of 104 out of 255 based on the ratings given to its competitors.

Separately, Zacks Investment Research cut Secoo from a “hold” rating to a “strong sell” rating in a research note on Sunday, July 15th.

Shares of NASDAQ:SECO traded down $0.04 on Friday, hitting $9.76. The company’s stock had a trading volume of 141,800 shares, compared to its average volume of 243,882. Secoo has a 12 month low of $6.78 and a 12 month high of $15.48. The stock has a market cap of $140.89 million and a price-to-earnings ratio of 13.17. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.79 and a current ratio of 2.85.

Secoo (NASDAQ:SECO) last released its quarterly earnings results on Thursday, September 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.03). Secoo had a return on equity of 11.39% and a net margin of 3.25%. The business had revenue of $184.39 million during the quarter, compared to the consensus estimate of $168.83 million. On average, equities research analysts predict that Secoo will post 0.67 EPS for the current year.

Several large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC grew its stake in shares of Secoo by 99.8% in the second quarter. Jane Street Group LLC now owns 23,810 shares of the company’s stock worth $192,000 after purchasing an additional 11,891 shares in the last quarter. Indus Capital Partners LLC acquired a new stake in shares of Secoo in the second quarter valued at $3,075,000. Epoch Investment Partners Inc. lifted its holdings in shares of Secoo by 35.9% in the second quarter. Epoch Investment Partners Inc. now owns 246,007 shares of the company’s stock valued at $1,988,000 after buying an additional 65,002 shares during the period. Krane Funds Advisors LLC acquired a new stake in shares of Secoo in the second quarter valued at $2,371,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Secoo in the first quarter valued at $264,000. 19.15% of the stock is owned by institutional investors.

Secoo Company Profile

Secoo Holding Limited, through its subsidiaries, operates an integrated online and offline shopping platform in the People's Republic of China and internationally. The company provides upscale brand products and services, including bags, watches, women's and men's wear, footwear, children's wear, sportswear, cosmetics and skin care products, jewelry, accessories, automobiles, home goods, fine food and beverage products, arts, and Chinese original products, as well as lifestyle services through its Website, mobile applications, and offline experience centers.

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