Vipshop (NYSE:VIPS) Announces Earnings Results

Vipshop (NYSE:VIPS) issued its earnings results on Wednesday. The technology company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05), Zacks reports. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The firm had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $3.82 billion.

Vipshop Trading Down 0.8 %

Vipshop stock opened at $15.95 on Friday. The stock has a 50-day moving average price of $14.14 and a 200 day moving average price of $14.03. Vipshop has a 52 week low of $11.50 and a 52 week high of $20.00. The stock has a market cap of $8.19 billion, a PE ratio of 7.59, a P/E/G ratio of 1.52 and a beta of 0.30.

Vipshop Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a $0.43 dividend. The ex-dividend date is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop’s dividend payout ratio is currently 24.24%.

Analyst Ratings Changes

A number of brokerages recently commented on VIPS. Barclays raised their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday. Citigroup decreased their price target on Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Benchmark reiterated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Finally, StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $17.64.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.