Wall Street analysts expect that Vipshop Holdings Ltd – (NYSE:VIPS) will announce earnings per share (EPS) of $0.11 for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Vipshop’s earnings. Vipshop posted earnings per share of $0.14 during the same quarter last year, which indicates a negative year-over-year growth rate of 21.4%. The company is scheduled to report its next quarterly earnings results on Monday, November 19th.

On average, analysts expect that Vipshop will report full-year earnings of $0.56 per share for the current fiscal year, with EPS estimates ranging from $0.55 to $0.56. For the next financial year, analysts anticipate that the business will report earnings of $0.62 per share, with EPS estimates ranging from $0.54 to $0.69. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Vipshop.

Vipshop (NYSE:VIPS) last posted its quarterly earnings data on Monday, August 13th. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.73. The business had revenue of $20.74 billion during the quarter, compared to the consensus estimate of $21.23 billion. Vipshop had a net margin of 2.78% and a return on equity of 15.75%. Vipshop’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.18 EPS.

Several equities analysts recently commented on VIPS shares. Benchmark cut their target price on shares of Vipshop to $12.00 and set a “buy” rating for the company in a research note on Wednesday, August 15th. ValuEngine upgraded shares of Vipshop from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Zacks Investment Research upgraded shares of Vipshop from a “sell” rating to a “hold” rating in a research note on Wednesday, June 20th. Goldman Sachs Group cut shares of Vipshop from a “buy” rating to a “neutral” rating and set a $14.30 target price for the company. in a research note on Wednesday, July 11th. Finally, CLSA upgraded shares of Vipshop from an “underperform” rating to an “outperform” rating in a research note on Tuesday, June 26th. Six research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $14.65.

Hedge funds have recently made changes to their positions in the company. Levin Capital Strategies L.P. acquired a new position in shares of Vipshop in the 2nd quarter valued at $108,000. Greenleaf Trust acquired a new position in shares of Vipshop in the 2nd quarter valued at $122,000. Bridgewater Associates LP acquired a new position in shares of Vipshop in the 2nd quarter valued at $137,000. Wexford Capital LP acquired a new position in shares of Vipshop in the 1st quarter valued at $181,000. Finally, Tower Research Capital LLC TRC acquired a new position in shares of Vipshop in the 2nd quarter valued at $183,000. Institutional investors own 50.06% of the company’s stock.

NYSE:VIPS remained flat at $$6.55 during trading hours on Friday. 11,419,157 shares of the company traded hands, compared to its average volume of 7,506,357. The firm has a market cap of $4.32 billion, a PE ratio of 11.29 and a beta of 1.75. Vipshop has a 1 year low of $5.74 and a 1 year high of $19.14.

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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