The price of Vipshop Holdings Limited (NYSE:VIPS) shares last traded on Wall Street fell -3.41% to $15.86.
Based on available information, 27 analysts follow Vipshop Holdings Limited (NYSE:VIPS). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $160.38 and a low of $102.06, we find $131.36. Given the previous closing price of $16.42, this indicates a potential upside of 700.0 percent. VIPS stock price is now -5.50% away from the 50-day moving average and 6.17% away from the 200-day moving average. The market capitalization of the company currently stands at $8.77B.
Among analysts, 7 rate the stock a hold while 18 rate it a buy. Brokers who have rated the stock have averaged $131.62 as their price target over the next twelve months.
With the price target enhanced from $16 to $18, JP Morgan Upgraded its rating from Neutral to Overweight for Vipshop Holdings Limited (NYSE: VIPS).
A total of 1.74% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in VIPS stock. A new stake in Vipshop Holdings Limited shares was purchased by FIL LTD during the first quarter worth $82,248,000. FIRST BEIJING INVESTMENT LTD invested $63,068,000 in shares of VIPS during the first quarter. In the first quarter, POINT72 HONG KONG LTD acquired a new stake in Vipshop Holdings Limited valued at approximately $26,318,000. SNOW LAKE CAPITAL (HK) LTD acquired a new stake in VIPS for approximately $17,446,000. AUBREY CAPITAL MANAGEMENT LTD purchased a new stake in VIPS valued at around $11,783,000 in the second quarter. In total, there are 536 active investors with 72.00% ownership of the company’s stock.
During the past 12 months, Vipshop Holdings Limited has had a low of $6.36 and a high of $19.13. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.10, and a quick ratio of 1.00. According to the stock market information, the enterprise value for the company is $6.20B, which is based on a 8.77 price-to-earnings ratio, a 0.74 price-to-earnings-growth ratio, and a beta of 0.59. The fifty day moving average price for VIPS is $16.76 and a two-hundred day moving average price translates $14.98 for the stock.
The latest earnings results from Vipshop Holdings Limited (NYSE: VIPS) was released for Jun, 2023. According to the Internet Retail Company, earnings per share came in at $0.59, beating analysts’ expectations of $0.44 by 0.15. This compares to $0.30 EPS in the same period last year. The net profit margin was 7.20% and return on equity was 24.20% for VIPS. The company reported revenue of $3.84 billion for the quarter, compared to $3.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.96 percent. For the current quarter, analysts expect VIPS to generate $3.1B in revenue.
Vipshop Holdings Limited(VIPS) 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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products. It also provides internet finance services, including consumer and supplier financing. In addition, the company engages in warehousing services, retail business, product procurement, and software development and information technology support activities. The company provides its branded products through its vip.com and vipshop.com online platforms, as well as through retail stores. Vipshop Holdings Limited was founded in 2008 and is headquartered in Guangzhou, the People’s Republic of China.
