Vipshop Holdings Limited (VIPS) Company Overview

At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.

Vipshop Holdings Limited (VIPS) appears to be an appealing choice based on technical analysis, as it has hit an important support level. The stock recently moved above the 200-day moving average, indicating a positive long-term trend.

Vipshop Holdings Limited is experiencing strong growth in free cash flow and is benefiting from China's economic stimulus, along with a notable stock buyback program, making it a good investment choice. Although 2024 may be tough, VIPS's partnerships with popular brands and significant hiring suggest potential for future growth in net income and free cash flow. There are some risks, such as transactions with related parties and its incorporation in the Cayman Islands, but VIPS's valuation looks appealing when compared to its competitors.

Vipshop's stock has fallen almost 20% since December 2023 because of worsening business conditions and poor management forecasts for the third and fourth quarters of 2024. The results for Q3 2024 revealed a 9.6% decrease in revenue and a 27.8% decline in non-GAAP net income, along with a 6.4% drop in active customers compared to the previous year. Even though they have increased gross margins and have loyal Super VIP members, VIPS is struggling with strong competition and a tough economic situation in China.

Vipshop Holdings Limited (NYSE: VIPS) held its Q3 2024 Earnings Call on November 19, 2024, at 7:30 AM ET. The call featured company representatives including Jessie Zheng, Eric Shen, and Mark Wang, along with participants from various financial institutions. The operator welcomed everyone to the conference and introduced Ms. Zheng to begin the discussion.

A conference call is scheduled for 7:30 A.M. U.S. Eastern Time on November 19, 2024. Vipshop Holdings Limited, a top online discount retailer for brands in China, has released its unaudited financial results for the quarter that ended on September 30, 2024. The announcement was made in Guangzhou, China.

GUANGZHOU, China, Nov. 11, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a top online discount retailer for brands in China, has announced that it will share its financial results for the third quarter of 2024 on Tuesday, November 19, 2024, before the US market opens. The Company will also host a conference call on the same day at 7:30 am US Eastern Time, which is 8:30 pm in Beijing, to discuss these results.

GUANGZHOU, China, Nov. 7, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a top online discount retailer for brands in China, has announced that it will host its annual general meeting for shareholders at its headquarters in Guangzhou on December 6, 2024, at 11:00 a.m. Beijing time.

Vipshop Holdings Limited is currently undervalued, with an estimated fair price of $36 per share, thanks to its strong user growth and brand collaborations. The company's use of AI for searches, a variety of product options, and a strong logistics network are important factors for increasing future sales and cash flow. Additionally, VIPS' effective promotions and inventory management give it a competitive advantage by providing great discounts and smooth operations.