Vipshop Holdings Ltd. (VIPS) Set to Announce Earnings on Monday
Vipshop Holdings Ltd. (NYSE:VIPS) will release its Q316 earnings data on Monday, November 21st. Persons interested in listening to the company’s earnings conference call can do so using this link.
Vipshop Holdings (NYSE:VIPS) last posted its quarterly earnings data on Monday, August 15th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. Vipshop Holdings had a return on equity of 51.84% and a net margin of 3.63%. The business earned $2.02 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the previous year, the firm earned $0.14 EPS. On average, analysts expect Vipshop Holdings to post $0.67 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.
Vipshop Holdings Ltd. (NYSE:VIPS) opened at 13.74 on Thursday. The company’s 50 day moving average price is $14.11 and its 200 day moving average price is $13.27. Vipshop Holdings Ltd. has a 52-week low of $10.21 and a 52-week high of $17.53. The firm has a market cap of $7.97 billion, a PE ratio of 31.81 and a beta of 1.83.
A number of equities analysts have issued reports on VIPS shares. Stifel Nicolaus increased their target price on Vipshop Holdings from $18.00 to $21.50 and gave the stock a “buy” rating in a report on Tuesday, August 16th. Zacks Investment Research upgraded Vipshop Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 20th. Nomura increased their target price on Vipshop Holdings from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, August 17th. TheStreet upgraded Vipshop Holdings to a “buy” rating in a report on Friday, August 12th. Finally, Deutsche Bank AG cut Vipshop Holdings from a “buy” rating to a “hold” rating and increased their target price for the stock from $16.60 to $16.90 in a report on Wednesday, August 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $15.20.
A number of large investors have recently modified their holdings of the stock. Sei Investments Co. increased its stake in shares of Vipshop Holdings by 118.5% in the second quarter. Sei Investments Co. now owns 9,268 shares of the company’s stock valued at $103,000 after buying an additional 5,027 shares during the period. Allianz Asset Management AG increased its stake in shares of Vipshop Holdings by 31.4% in the second quarter. Allianz Asset Management AG now owns 18,780 shares of the company’s stock valued at $210,000 after buying an additional 4,485 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of Vipshop Holdings by 14.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 15,200 shares of the company’s stock valued at $223,000 after buying an additional 1,900 shares during the period. Wetherby Asset Management Inc. bought a new stake in shares of Vipshop Holdings during the second quarter valued at about $242,000. Finally, Skandinaviska Enskilda Banken AB publ increased its stake in shares of Vipshop Holdings by 83.6% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 27,900 shares of the company’s stock valued at $312,000 after buying an additional 12,700 shares during the period. Institutional investors and hedge funds own 75.47% of the company’s stock.
About Vipshop Holdings
Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.
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