Analysts Expect Vipshop Holdings Ltd – (NYSE:VIPS) to Announce $0.16 EPS

Equities research analysts expect Vipshop Holdings Ltd – (NYSE:VIPS) to post earnings per share of $0.16 for the current quarter, according to Zacks. Two analysts have made estimates for Vipshop’s earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.16. Vipshop reported earnings per share of $0.13 in the same quarter last year, which indicates a positive year over year growth rate of 23.1%. The company is expected to issue its next quarterly earnings results on Monday, August 12th.

On average, analysts expect that Vipshop will report full year earnings of $0.76 per share for the current fiscal year, with EPS estimates ranging from $0.72 to $0.79. For the next financial year, analysts anticipate that the business will report earnings of $1.00 per share, with EPS estimates ranging from $0.84 to $1.15. Zacks’ EPS averages are an average based on a survey of research analysts that cover Vipshop.

Vipshop (NYSE:VIPS) last announced its quarterly earnings data on Wednesday, May 22nd. The technology company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $21.30 billion for the quarter, compared to the consensus estimate of $20.55 billion. Vipshop had a return on equity of 12.56% and a net margin of 2.89%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 EPS.

VIPS has been the topic of a number of recent analyst reports. Bank of America downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $6.92 price objective on the stock. in a research note on Tuesday, February 19th. Macquarie downgraded Vipshop from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $7.00 to $5.90 in a research note on Friday, February 22nd. UBS Group lowered Vipshop from a “neutral” rating to a “sell” rating in a research report on Monday, April 22nd. Credit Suisse Group lowered Vipshop from a “neutral” rating to an “underperform” rating in a research report on Thursday, February 21st. Finally, Zacks Investment Research lowered Vipshop from a “buy” rating to a “hold” rating in a research report on Wednesday, March 27th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $8.71.

Shares of NYSE:VIPS traded down $0.11 during midday trading on Friday, reaching $7.69. The company’s stock had a trading volume of 8,103,676 shares, compared to its average volume of 6,980,653. The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of 17.88 and a beta of 1.89. Vipshop has a fifty-two week low of $4.30 and a fifty-two week high of $11.74.

A number of institutional investors have recently modified their holdings of VIPS. Morgan Stanley lifted its position in shares of Vipshop by 13.8% during the first quarter. Morgan Stanley now owns 14,866,398 shares of the technology company’s stock worth $119,378,000 after acquiring an additional 1,800,867 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Vipshop by 8.2% during the first quarter. Advisors Asset Management Inc. now owns 38,970 shares of the technology company’s stock worth $313,000 after acquiring an additional 2,962 shares in the last quarter. SEI Investments Co purchased a new stake in shares of Vipshop during the first quarter worth $406,000. Hsbc Holdings PLC lifted its position in shares of Vipshop by 10.6% during the first quarter. Hsbc Holdings PLC now owns 21,758,073 shares of the technology company’s stock worth $174,717,000 after acquiring an additional 2,087,495 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Vipshop by 6,255.2% during the first quarter. Wellington Management Group LLP now owns 1,098,246 shares of the technology company’s stock worth $8,819,000 after acquiring an additional 1,080,965 shares in the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

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 casual and formal shoes; and accessories that include belts, jewelry, watches, and glasses for women and men.

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