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Tale of the Tape

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Increased Earnings Estimates Seen for Vipshop (VIPS): Can It Move Higher?
March 20, 2014


Trades from $3
Vipshop Holdings Limited (VIPS - Snapshot Report), an online discount retailer, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on VIPS’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames, suggesting that Vipshop could be a solid choice for investors.

Current Quarter Estimates for VIPS

In the past 30 days, 2 estimates have gone higher for Vipshop. The trend has been pretty favorable too, with estimates increasing from 34 cents a share 30 days ago, to 41 cents today, a move of 20.6%.

Current Year Estimates for VIPS

Meanwhile, Vipshop’s current year figures are also looking quite promising with 3 estimates moving higher in the past month. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.88 per share 30 days ago to $2.08 per share today, an increase of 10.6%.

Bottom Line

The stock has also started to move higher lately, adding 30.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future.

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