Vipshop Holdings Limited (NYSE:VIPS) Receives $17.75 Consensus PT from Brokerages

Vipshop Holdings Limited (NYSE:VIPS) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $17.75.

A number of equities analysts have weighed in on VIPS shares. Benchmark downgraded shares of Vipshop from a “buy” rating to a “hold” rating in a research note on Thursday, May 23rd. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Thursday, September 12th. Citigroup dropped their target price on shares of Vipshop from $25.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, May 23rd. Morgan Stanley lowered their price target on shares of Vipshop from $16.00 to $14.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 20th. Finally, UBS Group cut shares of Vipshop from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $20.00 to $12.50 in a research report on Wednesday, August 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Krane Funds Advisors LLC grew its holdings in Vipshop by 20.3% during the second quarter. Krane Funds Advisors LLC now owns 15,737,381 shares of the technology company’s stock valued at $204,901,000 after purchasing an additional 2,659,117 shares during the period. Vanguard Group Inc. lifted its stake in Vipshop by 1.8% in the first quarter. Vanguard Group Inc. now owns 13,762,669 shares of the technology company’s stock valued at $227,772,000 after buying an additional 248,743 shares in the last quarter. FIL Ltd lifted its stake in Vipshop by 31.2% in the fourth quarter. FIL Ltd now owns 10,911,703 shares of the technology company’s stock valued at $193,792,000 after buying an additional 2,593,670 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Vipshop by 28.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 10,394,122 shares of the technology company’s stock valued at $184,600,000 after buying an additional 2,273,198 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Vipshop by 5.4% in the second quarter. Dimensional Fund Advisors LP now owns 6,739,378 shares of the technology company’s stock valued at $87,771,000 after buying an additional 343,739 shares in the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Stock Up 0.3 %

Shares of VIPS stock opened at $12.84 on Friday. Vipshop has a 12-month low of $11.50 and a 12-month high of $20.19. The company has a market capitalization of $6.96 billion, a P/E ratio of 5.97 and a beta of 0.33. The firm has a 50-day moving average price of $13.24 and a 200 day moving average price of $15.10.

Vipshop (NYSE:VIPS) last announced its earnings results on Tuesday, August 20th. The technology company reported $3.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $3.43. Vipshop had a net margin of 7.52% and a return on equity of 22.51%. The company had revenue of $25.08 billion during the quarter, compared to the consensus estimate of $26.61 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. The company’s revenue was down 4.1% on a year-over-year basis. As a group, research analysts expect that Vipshop will post 2 earnings per share for the current year.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.