How Have the Numbers Shaped Up for Viomi Technology (NASDAQ:VIOT)

Earnings results for Viomi Technology (NASDAQ:VIOT)

Viomi Technology Co., Ltd is expected* to report earnings on 08/24/2020 before market open. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.08. The reported EPS for the same quarter last year was $0.18.

Viomi Technology last announced its earnings data on May 26th, 2020. The reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by $0.09. The firm earned $108.11 million during the quarter. Viomi Technology has generated $0.67 earnings per share over the last year and currently has a price-to-earnings ratio of 11.7. Viomi Technology has confirmed that its next quarterly earnings report will be published on Monday, August 24th, 2020.

Analyst Opinion on Viomi Technology (NASDAQ:VIOT)

1 Wall Street analysts have issued ratings and price targets for Viomi Technology in the last 12 months. Their average twelve-month price target is $12.50, predicting that the stock has a possible upside of 97.78%. The high price target for VIOT is $12.50 and the low price target for VIOT is $12.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Viomi Technology has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $12.50, Viomi Technology has a forecasted upside of 97.8% from its current price of $6.32. Viomi Technology has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Viomi Technology (NASDAQ:VIOT)

Viomi Technology does not currently pay a dividend. Viomi Technology does not have a long track record of dividend growth.

Insiders buying/selling: Viomi Technology (NASDAQ:VIOT)

In the past three months, Viomi Technology insiders have not sold or bought any company stock. Only 15.57% of the stock of Viomi Technology is held by institutions.

Earnings and Valuation of Viomi Technology (NASDAQ:VIOT

Earnings for Viomi Technology are expected to grow by 80.00% in the coming year, from $0.35 to $0.63 per share. The P/E ratio of Viomi Technology is 11.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.22. The P/E ratio of Viomi Technology is 11.70, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 52.40. Viomi Technology has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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