Vipshop Holdings Limited (VIPS) – What Are Investment Firms Thinking About This Stock?

Shares of Vipshop Holdings Limited (NYSE:VIPS) have earned an average rating of “Hold” from the ten analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $17.16.

A number of equities analysts recently weighed in on the company. Barclays reduced their price target on Vipshop from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, August 27th. Wall Street Zen cut Vipshop from a “buy” rating to a “hold” rating in a research note on Monday, August 24th. Citigroup decreased their target price on Vipshop from $15.30 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 29th. Zacks Research raised shares of Vipshop from a “strong sell” rating to a “hold” rating in a report on Thursday, October 29th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Vipshop in a research note on Friday, August 21st.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. CenterBook Partners LP bought a new stake in shares of Vipshop in the 3rd quarter valued at approximately $1,339,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Vipshop during the third quarter valued at approximately $97,000. Partners Wealth Management LLC acquired a new position in shares of Vipshop during the 3rd quarter worth approximately $438,000. Signaturefd LLC raised its stake in Vipshop by 185.5% in the 3rd quarter. Signaturefd LLC now owns 54,045 shares of the technology company’s stock worth $676,000 after purchasing an additional 35,113 shares in the last quarter. Finally, Ramsey Quantitative Systems lifted its stake in Vipshop by 25.0% during the third quarter. Ramsey Quantitative Systems now owns 11,000 shares of the technology company’s stock worth $138,000 after purchasing an additional 2,200 shares during the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Price Performance

VIPS stock opened at $13.33 on Thursday. The firm’s 50-day moving average is $12.81 and its 200 day moving average is $14.64. Vipshop has a 12 month low of $12.02 and a 12 month high of $20.49. The company has a market capitalization of $6.38 billion, a PE ratio of 4.42, a P/E/G ratio of 1.97 and a beta of 0.57.

Vipshop (NYSE:VIPS) last issued its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.47). The company had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Vipshop had a return on equity of 12.63% and a net margin of 9.88%. Sell-side analysts forecast that Vipshop will post 1.63 EPS for the current fiscal year.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE: VIPS) operates an online discount retail platform in China. Through its Vipshop website and mobile applications, the company offers branded products at promotional prices, with a focus on limited-time and seasonal sales.

Its product categories include apparel, footwear, accessories, beauty and personal-care products, home goods, consumer electronics, and other lifestyle merchandise. Vipshop sources products from brand owners, retailers, and other suppliers, and supports transactions through online retail, warehousing, fulfillment, and customer-service operations.

Founded in 2008 and headquartered in Guangzhou, China, Vipshop primarily serves consumers in mainland China.