Zacks: Brokerages Anticipate Vipshop Holdings Ltd – (VIPS) to Announce $0.18 EPS

Equities analysts predict that Vipshop Holdings Ltd – (NYSE:VIPS) will report $0.18 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Vipshop’s earnings. Vipshop posted earnings of $0.22 per share during the same quarter last year, which would indicate a negative year over year growth rate of 18.2%. The business is scheduled to announce its next earnings report on Monday, February 11th.

According to Zacks, analysts expect that Vipshop will report full-year earnings of $0.58 per share for the current financial year, with EPS estimates ranging from $0.56 to $0.59. For the next year, analysts expect that the firm will report earnings of $0.68 per share, with EPS estimates ranging from $0.66 to $0.70. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow Vipshop.

Vipshop (NYSE:VIPS) last posted its earnings results on Wednesday, November 14th. The technology company reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The firm had revenue of $17.83 billion during the quarter, compared to analysts’ expectations of $17.59 billion. Vipshop had a net margin of 2.57% and a return on equity of 13.12%. Vipshop’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS.

VIPS has been the topic of several research reports. UBS Group dropped their price objective on shares of Vipshop from $8.00 to $5.50 and set a “neutral” rating on the stock in a research note on Friday, October 12th. Daiwa Capital Markets downgraded shares of Vipshop from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $16.00 to $8.00 in a report on Tuesday, August 14th. ValuEngine raised shares of Vipshop from a “sell” rating to a “hold” rating in a report on Monday, August 20th. Zacks Investment Research raised shares of Vipshop from a “sell” rating to a “buy” rating and set a $6.00 price target for the company in a report on Wednesday, October 17th. Finally, Citigroup reduced their price objective on shares of Vipshop to $5.40 and set a “sell” rating for the company in a report on Monday, October 15th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $11.05.

VIPS stock opened at $5.25 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.12 and a debt-to-equity ratio of 0.03. The company has a market cap of $3.65 billion, a P/E ratio of 9.05 and a beta of 1.67. Vipshop has a 12 month low of $4.30 and a 12 month high of $19.14.

Several institutional investors have recently added to or reduced their stakes in VIPS. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Vipshop by 4.4% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,018,922 shares of the technology company’s stock valued at $11,055,000 after purchasing an additional 42,756 shares during the last quarter. Aviva PLC increased its stake in Vipshop by 11.1% in the 2nd quarter. Aviva PLC now owns 111,800 shares of the technology company’s stock worth $1,213,000 after purchasing an additional 11,200 shares during the period. First Trust Advisors LP increased its stake in shares of Vipshop by 30.6% during the second quarter. First Trust Advisors LP now owns 439,154 shares of the technology company’s stock valued at $4,765,000 after buying an additional 102,861 shares during the period. Engineers Gate Manager LP purchased a new position in shares of Vipshop during the second quarter valued at approximately $197,000. Finally, Boston Common Asset Management LLC increased its stake in shares of Vipshop by 64.1% during the second quarter. Boston Common Asset Management LLC now owns 60,510 shares of the technology company’s stock valued at $657,000 after buying an additional 23,625 shares during the period. 47.87% of the stock is owned by institutional investors.

About Vipshop

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

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Earnings History and Estimates for Vipshop (NYSE:VIPS)

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