$3.60 Billion in Sales Expected for Vipshop Holdings Ltd – (VIPS) This Quarter

Analysts expect Vipshop Holdings Ltd – (NYSE:VIPS) to report sales of $3.60 billion for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Vipshop’s earnings. The highest sales estimate is $3.69 billion and the lowest is $3.52 billion. Vipshop posted sales of $2.73 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 31.9%. The business is scheduled to report its next quarterly earnings results after the market closes on Monday, February 12th.

On average, analysts expect that Vipshop will report full year sales of $3.60 billion for the current year, with estimates ranging from $10.85 billion to $11.41 billion. For the next fiscal year, analysts anticipate that the business will report sales of $14.32 billion per share, with estimates ranging from $14.14 billion to $14.51 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Vipshop.

Vipshop (NYSE:VIPS) last issued its quarterly earnings results on Monday, November 20th. The technology company reported $0.10 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.10. Vipshop had a net margin of 3.00% and a return on equity of 34.85%.

Several brokerages have recently issued reports on VIPS. Zacks Investment Research upgraded shares of Vipshop from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th. Nomura raised their price target on shares of Vipshop to $19.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. KeyCorp set a $17.00 price target on shares of Vipshop and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Sanford C. Bernstein upgraded shares of Vipshop from a “market perform” rating to an “outperform” rating and set a $10.00 price target for the company in a research note on Tuesday, January 16th. Finally, HSBC upgraded shares of Vipshop from a “reduce” rating to a “hold” rating in a research note on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $13.43.

A number of institutional investors have recently added to or reduced their stakes in the stock. 1st Global Advisors Inc. grew its stake in Vipshop by 1.5% in the 2nd quarter. 1st Global Advisors Inc. now owns 10,669 shares of the technology company’s stock valued at $113,000 after buying an additional 160 shares in the last quarter. QS Investors LLC boosted its holdings in Vipshop by 1.6% in the 2nd quarter. QS Investors LLC now owns 18,600 shares of the technology company’s stock valued at $196,000 after purchasing an additional 300 shares during the period. First Republic Investment Management Inc. boosted its holdings in Vipshop by 14.1% in the 4th quarter. First Republic Investment Management Inc. now owns 43,746 shares of the technology company’s stock valued at $513,000 after purchasing an additional 5,391 shares during the period. Voya Investment Management LLC boosted its holdings in Vipshop by 12.9% in the 2nd quarter. Voya Investment Management LLC now owns 57,015 shares of the technology company’s stock valued at $602,000 after purchasing an additional 6,530 shares during the period. Finally, US Bancorp DE boosted its holdings in Vipshop by 28.7% in the 4th quarter. US Bancorp DE now owns 34,731 shares of the technology company’s stock valued at $407,000 after purchasing an additional 7,752 shares during the period. Institutional investors and hedge funds own 52.46% of the company’s stock.

Shares of Vipshop (VIPS) traded up $0.03 during mid-day trading on Wednesday, hitting $15.34. 23,046,528 shares of the stock traded hands, compared to its average volume of 12,520,000. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.74 and a current ratio of 1.05. Vipshop has a 12 month low of $7.79 and a 12 month high of $17.75. The stock has a market cap of $9,120.00, a price-to-earnings ratio of 30.68 and a beta of 2.45.

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About Vipshop

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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