Vipshop Holdings Ltd – (NASDAQ:VIPS) posted its quarterly earnings results on Monday. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.05, StockRatingsNetwork.com reports. The company had revenue of $383.70 million for the quarter, compared to the consensus estimate of $364.65 million.
Shares of Vipshop Holdings Ltd – (NASDAQ:VIPS) traded down 2.22% during mid-day trading on Monday, hitting $73.22. 1,145,785 shares of the company’s stock traded hands. Vipshop Holdings Ltd – has a 52-week low of $10.49 and a 52-week high of $79.66. The stock’s 50-day moving average is $67.46 and its 200-day moving average is $44.47. The company has a market cap of $4.051 billion and a P/E ratio of 201.83.
A number of analysts have recently weighed in on VIPS shares. Analysts at BNP Paribas downgraded shares of Vipshop Holdings Ltd – to a “hold” rating in a research note to investors on Tuesday, November 5th. On a related note, analysts at Credit Agricole initiated coverage on shares of Vipshop Holdings Ltd – in a research note to investors on Thursday, October 24th. They set an “outperform” rating on the stock. Finally, analysts at Macquarie initiated coverage on shares of Vipshop Holdings Ltd – in a research note to investors on Thursday, October 17th. They set an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Vipshop Holdings Ltd – has a consensus rating of “Buy” and a consensus price target of $48.66.
Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.
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