Vipshop (NYSE:VIPS) Issues Quarterly Earnings Results

Key Points

• Vipshop reported quarterly EPS of $1.18, surpassing analysts’ $0.59 consensus estimate by $0.59. Revenue totaled $3.64 billion, in line with expectations.
• Shares opened at $14.33 and were down 1.4%; the stock has a market capitalization of $6.86 billion and trades at a price-to-earnings ratio of 6.73.
• Analyst sentiment remains mixed but leans positive, with a consensus “Moderate Buy” rating and a $21.02 target price; institutional investors and hedge funds own 48.82% of the stock.

Vipshop (NYSE:VIPS - Get Free Report) announced its quarterly earnings data on Tuesday. The technology company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.59, FiscalAI reports. The business had revenue of $3.64 billion for the quarter, compared to analysts' expectations of $3.64 billion. Vipshop had a return on equity of 16.90% and a net margin of 7.08%.

Vipshop Stock Down 1.4%

Shares of NYSE:VIPS opened at $14.33 on Tuesday. The firm has a 50 day moving average of $14.21 and a 200 day moving average of $15.00. The company has a market capitalization of $6.86 billion, a price-to-earnings ratio of 6.73, a price-to-earnings-growth ratio of 1.47 and a beta of 0.67. Vipshop has a 52 week low of $12.65 and a 52 week high of $21.08.

Hedge Funds Weigh In On Vipshop

Large investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD lifted its holdings in shares of Vipshop by 33.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,700 shares of the technology company's stock worth $278,000 after purchasing an additional 3,900 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Vipshop in the fourth quarter worth $230,000. Mariner LLC grew its position in Vipshop by 3.4% during the 4th quarter. Mariner LLC now owns 18,938 shares of the technology company's stock worth $336,000 after purchasing an additional 630 shares during the period. Bridgefront Capital LLC purchased a new position in shares of Vipshop during the 4th quarter valued at about $215,000. Finally, First Trust Advisors LP raised its stake in shares of Vipshop by 27.4% during the 4th quarter. First Trust Advisors LP now owns 18,857 shares of the technology company's stock valued at $334,000 after buying an additional 4,055 shares during the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Benchmark reiterated a "hold" rating on shares of Vipshop in a report on Friday, May 22nd. Wall Street Zen downgraded Vipshop from a "buy" rating to a "hold" rating in a research note on Monday. Weiss Ratings reiterated a "hold (c-)" rating on shares of Vipshop in a research note on Friday. Bank of America reissued an "underperform" rating on shares of Vipshop in a report on Friday, May 29th. Finally, UBS Group set a $18.50 price target on shares of Vipshop and gave the stock a "buy" rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Vipshop currently has an average rating of "Moderate Buy" and a consensus target price of $21.02.

About Vipshop

Vipshop Holdings Limited NYSE: VIPS is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

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