Vipshop (VIPS) Expected to Announce Earnings on Wednesday

Vipshop (NYSE:VIPS) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $3.82 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Vipshop Stock Down 4.6 %

Shares of Vipshop stock opened at $14.68 on Wednesday. The stock’s 50-day simple moving average is $13.93 and its 200-day simple moving average is $13.97. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 7.02, a PEG ratio of 1.59 and a beta of 0.30. Vipshop has a 52 week low of $11.50 and a 52 week high of $20.19.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on VIPS shares. StockNews.com cut shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Citigroup decreased their price target on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Barclays began coverage on Vipshop in a research report on Wednesday, November 6th. They set an “overweight” rating and a $19.00 price objective for the company. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Vipshop currently has an average rating of “Hold” and a consensus price target of $17.50.

About Vipshop

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.