Shares of Vipshop Holdings Ltd – (NYSE:VIPS) have been assigned an average recommendation of “Buy” from the seventeen research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $17.47.
VIPS has been the subject of several recent analyst reports. Daiwa Capital Markets raised Vipshop from a “hold” rating to a “buy” rating in a report on Monday, December 18th. Nomura raised Vipshop from a “neutral” rating to a “buy” rating in a report on Wednesday, January 10th. Sanford C. Bernstein raised Vipshop from a “market perform” rating to an “outperform” rating and set a $10.00 price target for the company in a report on Tuesday, January 16th. UBS Group initiated coverage on Vipshop in a report on Monday, October 30th. They issued a “neutral” rating and a $9.00 price target for the company. Finally, Zacks Investment Research raised Vipshop from a “sell” rating to a “hold” rating in a report on Thursday, January 25th.
Institutional investors have recently added to or reduced their stakes in the stock. Resources Investment Advisors Inc. lifted its holdings in shares of Vipshop by 296.6% during the fourth quarter. Resources Investment Advisors Inc. now owns 12,414 shares of the technology company’s stock worth $145,000 after purchasing an additional 9,284 shares during the period. Advisors Preferred LLC acquired a new stake in shares of Vipshop during the third quarter worth about $117,000. Stone Ridge Asset Management LLC acquired a new stake in shares of Vipshop during the fourth quarter worth about $159,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Vipshop during the fourth quarter worth about $172,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Vipshop during the fourth quarter worth about $232,000. 52.05% of the stock is owned by hedge funds and other institutional investors.
Vipshop (NYSE VIPS) traded down $0.91 on Friday, reaching $17.35. The company’s stock had a trading volume of 9,463,194 shares, compared to its average volume of 13,375,401. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.35 and a quick ratio of 0.98. The stock has a market capitalization of $12,433.66, a price-to-earnings ratio of 38.51 and a beta of 2.45. Vipshop has a 52 week low of $7.79 and a 52 week high of $19.14.
Vipshop (NYSE:VIPS) last issued its quarterly earnings results on Monday, February 12th. The technology company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.60 billion. Vipshop had a return on equity of 25.75% and a net margin of 2.67%. research analysts predict that Vipshop will post 0.64 earnings per share for the current fiscal year.
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Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.
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