Wall Street brokerages predict that Vipshop Holdings Ltd – (NYSE:VIPS) will announce $0.17 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Vipshop’s earnings, with estimates ranging from $0.16 to $0.18. Vipshop reported earnings of $0.11 per share in the same quarter last year, which indicates a positive year over year growth rate of 54.5%. The company is scheduled to report its next quarterly earnings report on Wednesday, November 13th.

According to Zacks, analysts expect that Vipshop will report full year earnings of $0.81 per share for the current year, with EPS estimates ranging from $0.77 to $0.87. For the next year, analysts expect that the company will report earnings of $1.00 per share, with EPS estimates ranging from $0.87 to $1.12. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Vipshop.

Vipshop (NYSE:VIPS) last released its earnings results on Wednesday, August 14th. The technology company reported $1.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $1.46. The company had revenue of $21.72 billion during the quarter, compared to the consensus estimate of $21.60 billion. Vipshop had a net margin of 2.97% and a return on equity of 14.63%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.84 EPS.

Several research firms have recently weighed in on VIPS. Bank of America reissued a “hold” rating and issued a $9.72 target price on shares of Vipshop in a research report on Monday, August 19th. Jefferies Financial Group raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. Credit Suisse Group raised shares of Vipshop from a “neutral” rating to an “outperform” rating in a research report on Thursday, August 15th. Zacks Investment Research raised shares of Vipshop from a “hold” rating to a “strong-buy” rating and set a $9.50 price objective for the company in a research report on Wednesday, August 21st. Finally, Citigroup raised shares of Vipshop from a “sell” rating to a “neutral” rating in a research report on Tuesday, May 28th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Vipshop has a consensus rating of “Buy” and an average target price of $8.60.

Shares of VIPS traded up $0.14 during midday trading on Friday, hitting $9.67. The company had a trading volume of 8,072,100 shares, compared to its average volume of 7,671,848. The company’s 50 day moving average price is $7.78 and its 200 day moving average price is $7.87. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 22.49 and a beta of 1.92. Vipshop has a 52 week low of $4.30 and a 52 week high of $9.69.

Several large investors have recently made changes to their positions in VIPS. Ladenburg Thalmann Financial Services Inc. bought a new stake in shares of Vipshop during the 2nd quarter valued at about $34,000. Advisor Group Inc. boosted its stake in Vipshop by 390.3% during the 2nd quarter. Advisor Group Inc. now owns 7,208 shares of the technology company’s stock valued at $63,000 after purchasing an additional 5,738 shares during the period. Daiwa Securities Group Inc. acquired a new position in Vipshop during the 1st quarter valued at about $71,000. Campbell & CO Investment Adviser LLC acquired a new position in Vipshop during the 2nd quarter valued at about $88,000. Finally, Ellington Management Group LLC acquired a new position in Vipshop during the 2nd quarter valued at about $88,000. 45.57% of the stock is owned by institutional investors and hedge funds.

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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