Vipshop (NYSE:VIPS) Issues Earnings Results

Vipshop (NYSE:VIPS) issued its quarterly earnings data on Wednesday. The technology company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.47), FiscalAI reports. Vipshop had a return on equity of 16.90% and a net margin of 7.08%.The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.64 billion.

Vipshop Trading Down 0.7%

VIPS stock traded down $0.11 on Tuesday, hitting $14.22. 2,976,959 shares of the company’s stock traded hands, compared to its average volume of 2,258,084. Vipshop has a 1-year low of $12.65 and a 1-year high of $21.08. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 6.68, a P/E/G ratio of 1.47 and a beta of 0.67. The stock has a fifty day moving average of $14.21 and a 200-day moving average of $15.00.

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arax Advisory Partners lifted its position in shares of Vipshop by 96.8% in the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after acquiring an additional 692 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Vipshop by 8,876.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,244 shares of the technology company’s stock valued at $40,000 after acquiring an additional 2,219 shares in the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of Vipshop by 156.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 6,579 shares of the technology company’s stock valued at $116,000 after acquiring an additional 4,009 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of Vipshop in the 4th quarter valued at approximately $132,000. Finally, Banco BTG Pactual S.A. purchased a new stake in shares of Vipshop in the 2nd quarter valued at approximately $181,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on VIPS shares. Wall Street Zen lowered shares of Vipshop from a “buy” rating to a “hold” rating in a research note on Monday. Bank of America reaffirmed an “underperform” rating on shares of Vipshop in a research report on Friday, May 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Vipshop in a research report on Friday. UBS Group set a $18.50 price objective on shares of Vipshop and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Benchmark reaffirmed a “hold” rating on shares of Vipshop in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vipshop currently has an average rating of “Moderate Buy” and an average target price of $21.02.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.