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Why Vipshop Holdings Limited (VIPS) Dipped More Than Broader Market Today
VipshopVipshop(US:VIPS) Zacks Investment Researchยท2024-04-18 23:06

Company Performance - Vipshop Holdings Limited (VIPS) closed at $15.15, down 1.17% from the previous trading session, underperforming the S&P 500 which lost 0.22% [1] - Over the past month, shares of Vipshop have decreased by 13.73%, while the Computer and Technology sector and the S&P 500 lost 1.64% and 1.66%, respectively [1] - The upcoming earnings disclosure is projected to show earnings of $0.60 per share, reflecting a year-over-year growth of 17.65%, with net sales estimated at $3.85 billion, down 3.95% from the previous year [1] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $2.55 per share and revenue of $16.51 billion, indicating changes of +7.14% and +4.13% compared to the previous year [2] Analyst Estimates and Valuation - Recent revisions to analyst estimates indicate positive sentiment regarding Vipshop's business and profitability, with a 0.45% increase in the Zacks Consensus EPS estimate over the last 30 days [3] - Vipshop currently holds a Zacks Rank of 1 (Strong Buy), which has historically delivered an average annual return of +25% since 1988 [3] - The company is trading at a Forward P/E ratio of 6.01, significantly lower than the industry average Forward P/E of 25.71 [3] Industry Context - Vipshop operates within the Internet - Delivery Services industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 5, placing it in the top 2% of over 250 industries [3]