NEW YORK (TheStreet) -- Shares of Vipshop Holdings are skyrocketing, sharply up 11.88% to $24.39 in mid-morning trading on Tuesday, after the Chinese online discount retailer posted mixed fourth quarter earnings results. For the fourth quarter, the company reported a profit of 12 cents per share, lower compared to the Capital IQ consensus estimate of 14 cents per share. Revenue was up 108.9% from a year ago to $1.36 billion, topping the Capital IQ consensus estimate of $1.23 billion. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Vipshop said the number of active customers for the fourth quarter rose by 114.2% to 12.2 million. For the first quarter of 2015, Vipshop issued upside guidance. It now forecasts sales in a range of between $1.25 billion to $1.30 billion, representing a rise of 78% to 85% from the year ago period, and higher than the $1.21 billion Capital IQ consensus estimate. Vipshop is a female-oriented vertical e-commerce retailer in China offering products including apparel and accessories, cosmetics, maternity and children's products, home goods and other lifestyle products at a discount to retail prices. Separately, TheStreet Ratings team rates VIPSHOP HOLDINGS LTD -ADR as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate VIPSHOP HOLDINGS LTD -ADR (VIPS) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins." You can view the full analysis from the report here: VIPS Ratings Report VIPS data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Click to view a price quote on VIPS. Click to research the Retail industry.
from Latest TSC Headlines http://ift.tt/19sb3v1
No comments:
Post a Comment