Analysts expect that Vipshop Holdings Ltd – (NYSE:VIPS) will announce earnings of $0.20 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Vipshop’s earnings. Vipshop reported earnings per share of $0.22 during the same quarter last year, which suggests a negative year over year growth rate of 9.1%. The company is expected to issue its next earnings results after the market closes on Wednesday, February 20th.
According to Zacks, analysts expect that Vipshop will report full year earnings of $0.61 per share for the current fiscal year. For the next fiscal year, analysts forecast that the company will report earnings of $0.74 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Vipshop.
Several equities analysts recently weighed in on VIPS shares. Zacks Investment Research downgraded Vipshop from a “strong-buy” rating to a “hold” rating in a research note on Saturday, January 19th. Benchmark dropped their price objective on Vipshop from $12.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, November 16th. ValuEngine raised Vipshop from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Finally, Bank of America downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $6.92 price objective for the company. in a research note on Tuesday. Four analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $9.42.
NYSE VIPS traded down $0.07 during mid-day trading on Thursday, hitting $6.93. The stock had a trading volume of 363,428 shares, compared to its average volume of 7,372,675. Vipshop has a 52-week low of $4.30 and a 52-week high of $19.14. The company has a market capitalization of $4.61 billion, a P/E ratio of 11.97 and a beta of 2.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.12 and a quick ratio of 0.89.
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.
Further Reading: What is a balanced fund?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Vipshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vipshop and related companies with MarketBeat.com's FREE daily email newsletter.