$0.16 EPS Expected for Vipshop Holdings Ltd – (NYSE:VIPS) This Quarter

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Wall Street analysts expect Vipshop Holdings Ltd – (NYSE:VIPS) to post earnings of $0.16 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Vipshop’s earnings. The highest EPS estimate is $0.16 and the lowest is $0.15. Vipshop posted earnings per share of $0.13 during the same quarter last year, which would indicate a positive year over year growth rate of 23.1%. The business 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 financial year, with EPS estimates ranging from $0.72 to $0.79. For the next fiscal year, analysts expect that the business will post earnings of $1.00 per share, with EPS estimates ranging from $0.84 to $1.15. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow Vipshop.

Vipshop (NYSE:VIPS) last released its earnings results on Wednesday, May 22nd. The technology company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. The firm had revenue of $21.30 billion during 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 company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 earnings per share.

Several research analysts recently weighed in on the company. Citigroup upgraded Vipshop from a “sell” rating to a “neutral” rating in a research report on Tuesday, May 28th. ValuEngine cut Vipshop from a “sell” rating to a “strong sell” rating in a research report on Thursday, April 18th. KeyCorp boosted their price target on Vipshop from $10.00 to $11.00 and gave the stock an “overweight” rating in a research report on Friday, April 5th. JPMorgan Chase & Co. upgraded Vipshop from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $6.50 to $11.00 in a research report on Tuesday, April 30th. Finally, Zacks Investment Research raised Vipshop from a “hold” rating to a “buy” rating and set a $8.75 price objective on the stock in a research note on Saturday, April 27th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $8.71.

Large investors have recently made changes to their positions in the business. Norges Bank bought a new stake in Vipshop in the fourth quarter worth $28,848,000. Caisse DE Depot ET Placement DU Quebec boosted its holdings in Vipshop by 328.0% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,246,146 shares of the technology company’s stock valued at $26,067,000 after acquiring an additional 2,487,731 shares during the period. Hsbc Holdings PLC boosted its holdings in Vipshop by 10.6% during the first quarter. Hsbc Holdings PLC now owns 21,758,073 shares of the technology company’s stock valued at $174,717,000 after acquiring an additional 2,087,495 shares during the period. Morgan Stanley boosted its holdings in Vipshop by 13.8% during the first quarter. Morgan Stanley now owns 14,866,398 shares of the technology company’s stock valued at $119,378,000 after acquiring an additional 1,800,867 shares during the period. Finally, Acadian Asset Management LLC bought a new stake in shares of Vipshop in the first quarter valued at about $14,373,000. 46.10% of the stock is currently owned by institutional investors.

VIPS stock traded down $0.11 during trading on Friday, hitting $7.69. 8,103,672 shares of the company traded hands, compared to its average volume of 8,121,967. The stock has a market cap of $5.09 billion, a P/E ratio of 17.88 and a beta of 1.89. Vipshop has a 1 year low of $4.30 and a 1 year high of $11.74.

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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