Equities research analysts expect Vipshop Holdings Ltd – (NYSE:VIPS) to post $3.97 billion in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Vipshop’s earnings. The highest sales estimate is $3.97 billion and the lowest is $3.96 billion. Vipshop reported sales of $3.79 billion in the same quarter last year, which indicates a positive year over year growth rate of 4.7%. The company is scheduled to announce its next earnings results on Wednesday, February 19th.
According to Zacks, analysts expect that Vipshop will report full year sales of $12.96 billion for the current financial year, with estimates ranging from $12.87 billion to $13.07 billion. For the next fiscal year, analysts expect that the business will report sales of $13.82 billion, with estimates ranging from $13.55 billion to $14.09 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Vipshop.
Vipshop (NYSE:VIPS) last posted its quarterly earnings data on Wednesday, November 13th. The technology company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $0.13 by $1.65. Vipshop had a return on equity of 17.41% and a net margin of 3.62%. The business had revenue of $19.61 billion during the quarter, compared to analysts’ expectations of $18.53 billion. During the same quarter in the previous year, the firm earned $0.75 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year.
Hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its position in Vipshop by 44.6% during the 3rd quarter. Parallel Advisors LLC now owns 3,149 shares of the technology company’s stock worth $28,000 after acquiring an additional 971 shares during the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in Vipshop by 9.8% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 19,100 shares of the technology company’s stock worth $165,000 after acquiring an additional 1,700 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in Vipshop by 36.4% during the third quarter. Daiwa Securities Group Inc. now owns 12,000 shares of the technology company’s stock worth $107,000 after acquiring an additional 3,200 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. acquired a new stake in Vipshop during the second quarter worth approximately $34,000. Finally, Altshuler Shaham Ltd acquired a new stake in Vipshop during the second quarter worth approximately $123,000. Institutional investors own 43.93% of the company’s stock.
Shares of NYSE VIPS traded up $0.06 during trading hours on Tuesday, hitting $13.63. 4,119,137 shares of the company’s stock were exchanged, compared to its average volume of 5,397,397. Vipshop has a 1-year low of $5.04 and a 1-year high of $13.96. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.92 and a quick ratio of 0.65. The stock has a market capitalization of $9.06 billion, a price-to-earnings ratio of 31.70 and a beta of 1.97. The company’s 50-day moving average price is $12.31 and its 200-day moving average price is $9.26.
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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