$0.31 EPS Expected for Vipshop Holdings Limited (NYSE:VIPS) This Quarter

Equities analysts expect Vipshop Holdings Limited (NYSE:VIPSGet Rating) to post earnings per share (EPS) of $0.31 for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Vipshop’s earnings. The lowest EPS estimate is $0.28 and the highest is $0.33. Vipshop posted earnings of $0.37 per share during the same quarter last year, which indicates a negative year over year growth rate of 16.2%. The firm is scheduled to announce its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Vipshop will report full-year earnings of $1.26 per share for the current fiscal year, with EPS estimates ranging from $1.20 to $1.31. For the next financial year, analysts anticipate that the business will report earnings of $1.32 per share, with EPS estimates ranging from $1.12 to $1.52. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Vipshop.

Vipshop (NYSE:VIPSGet Rating) last released its quarterly earnings results on Wednesday, February 23rd. The technology company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). Vipshop had a net margin of 3.99% and a return on equity of 16.53%. The company had revenue of $35.80 billion for the quarter, compared to analysts’ expectations of $35.24 billion. During the same quarter in the previous year, the company posted $0.52 EPS.

Several analysts recently weighed in on the company. StockNews.com started coverage on Vipshop in a report on Thursday, March 31st. They set a “hold” rating on the stock. Morgan Stanley lowered Vipshop from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $15.00 to $10.00 in a research note on Thursday, February 24th. Zacks Investment Research upgraded Vipshop from a “strong sell” rating to a “hold” rating in a research note on Friday, March 4th. CLSA reduced their target price on Vipshop from $11.80 to $10.00 in a research note on Tuesday, January 4th. Finally, JPMorgan Chase & Co. reduced their target price on Vipshop from $9.00 to $7.00 in a research note on Monday, March 14th. Ten investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Vipshop has a consensus rating of “Hold” and an average price target of $14.89.

A number of hedge funds have recently modified their holdings of VIPS. Assenagon Asset Management S.A. bought a new stake in Vipshop during the third quarter valued at about $118,000. Spire Wealth Management boosted its position in Vipshop by 59.5% during the third quarter. Spire Wealth Management now owns 2,395 shares of the technology company’s stock valued at $27,000 after purchasing an additional 893 shares in the last quarter. Vontobel Holding Ltd. boosted its position in Vipshop by 103.5% during the third quarter. Vontobel Holding Ltd. now owns 73,304 shares of the technology company’s stock valued at $816,000 after purchasing an additional 37,274 shares in the last quarter. Nordea Investment Management AB raised its stake in Vipshop by 100.4% in the third quarter. Nordea Investment Management AB now owns 1,392,260 shares of the technology company’s stock valued at $15,816,000 after buying an additional 697,452 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in Vipshop by 7.6% in the third quarter. SG Americas Securities LLC now owns 106,780 shares of the technology company’s stock valued at $1,190,000 after buying an additional 7,525 shares during the last quarter. 56.00% of the stock is currently owned by institutional investors.

NYSE:VIPS opened at $7.73 on Friday. The stock’s fifty day moving average is $8.76 and its 200 day moving average is $9.57. Vipshop has a fifty-two week low of $5.75 and a fifty-two week high of $33.97. The firm has a market capitalization of $5.25 billion, a PE ratio of 7.50 and a beta of 0.58.

About Vipshop (Get Rating)

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and other cosmetics-related items; and accessories that include belts, jewelry, watches, and glasses for women and men.

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