Vipshop Holdings Limited (VIPS) Set to Announce Quarterly Earnings on Monday
Vipshop Holdings Limited (NYSE:VIPS) is scheduled to be announcing its earnings results after the market closes on Monday, August 14th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.
Vipshop Holdings Limited (NYSE:VIPS) last released its quarterly earnings results on Monday, May 15th. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.01. Vipshop Holdings Limited had a net margin of 3.50% and a return on equity of 44.90%. The company had revenue of $15.95 billion for the quarter, compared to the consensus estimate of $15.62 billion. During the same period in the prior year, the firm posted $0.16 EPS. The business’s revenue for the quarter was up 31.1% on a year-over-year basis. On average, analysts expect Vipshop Holdings Limited to post $0.83 EPS for the current fiscal year and $0.98 EPS for the next fiscal year.
Shares of Vipshop Holdings Limited (NYSE:VIPS) opened at 11.83 on Monday. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 22.93 and a beta of 1.90. Vipshop Holdings Limited has a 12-month low of $9.94 and a 12-month high of $17.41. The firm’s 50-day moving average price is $11.44 and its 200 day moving average price is $12.60.
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Several equities research analysts have weighed in on VIPS shares. TheStreet raised Vipshop Holdings Limited from a “c+” rating to a “b” rating in a research report on Thursday, May 11th. Benchmark Co. started coverage on Vipshop Holdings Limited in a research report on Tuesday, April 18th. They set a “buy” rating and a $17.00 price target on the stock. Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Vipshop Holdings Limited in a research report on Friday, May 19th. Stifel Nicolaus increased their price target on Vipshop Holdings Limited from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 16th. Finally, BidaskClub upgraded Vipshop Holdings Limited from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $15.80.
About Vipshop Holdings Limited
Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.
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