Vipshop Holdings Ltd – (VIPS) Set to Announce Earnings on Thursday

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Vipshop Holdings Ltd – (NASDAQ:VIPS) is set to release its earnings data on Thursday, May 15th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Vipshop Holdings Ltd – (NASDAQ:VIPS) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.08. The company had revenue of $651.00 million for the quarter, compared to the consensus estimate of $559.43 million. The company’s quarterly revenue was up 117.3% on a year-over-year basis. On average, analysts expect Vipshop Holdings Ltd – to post $2.39 EPS for the current fiscal year and $4.24 EPS for the next fiscal year.

Vipshop Holdings Ltd – (NASDAQ:VIPS) opened at 146.48 on Wednesday. Vipshop Holdings Ltd – has a one year low of $23.26 and a one year high of $182.00. The stock’s 50-day moving average is $144.0 and its 200-day moving average is $111.4. The company has a market cap of $8.278 billion and a P/E ratio of 163.00.

A number of analysts have recently weighed in on VIPS shares. Analysts at Brean Capital initiated coverage on shares of Vipshop Holdings Ltd – in a research note on Tuesday. They set a “buy” rating on the stock. On the ratings front, analysts at Zacks downgraded shares of Vipshop Holdings Ltd – from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $161.30 price target on the stock. Finally, analysts at Nomura raised their price target on shares of Vipshop Holdings Ltd – from $204.00 to $210.00 in a research note on Monday, May 5th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Vipshop Holdings Ltd – has an average rating of “Buy” and an average target price of $157.36.

Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.

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