Wall Street brokerages expect Viomi Technology Co., Ltd (NASDAQ:VIOT – Get Rating) to announce earnings of $0.29 per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Viomi Technology’s earnings. Viomi Technology reported earnings per share of $0.13 during the same quarter last year, which indicates a positive year over year growth rate of 123.1%. The company is expected to announce its next earnings results before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Viomi Technology will report full year earnings of $0.49 per share for the current fiscal year. For the next year, analysts anticipate that the business will report earnings of $0.94 per share. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that cover Viomi Technology.
Viomi Technology (NASDAQ:VIOT – Get Rating) last posted its earnings results on Monday, March 28th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Viomi Technology had a net margin of 1.66% and a return on equity of 8.27%. The business had revenue of $209.15 million for the quarter, compared to the consensus estimate of $204.52 million. During the same quarter last year, the firm posted $0.24 EPS.
VIOT stock traded up $0.05 during trading on Thursday, reaching $1.60. The company had a trading volume of 133,286 shares, compared to its average volume of 188,508. The firm has a 50-day simple moving average of $1.63 and a 200-day simple moving average of $2.20. The company has a market cap of $112.37 million, a price-to-earnings ratio of 8.42 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.49 and a current ratio of 1.85. Viomi Technology has a twelve month low of $1.14 and a twelve month high of $9.50.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Morgan Stanley lifted its position in Viomi Technology by 451.1% in the third quarter. Morgan Stanley now owns 12,730 shares of the company’s stock valued at $58,000 after buying an additional 10,420 shares during the last quarter. Jane Street Group LLC purchased a new stake in Viomi Technology during the third quarter worth about $59,000. Citadel Advisors LLC purchased a new stake in Viomi Technology during the second quarter worth about $111,000. Two Sigma Advisers LP purchased a new stake in Viomi Technology during the third quarter worth about $63,000. Finally, BlackRock Inc. increased its stake in Viomi Technology by 94.7% during the third quarter. BlackRock Inc. now owns 20,233 shares of the company’s stock worth $92,000 after purchasing an additional 9,841 shares during the period.
Viomi Technology Company Profile (Get Rating)
Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, smart TV, and other smart devices.
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