Reasons why Vipshop Holdings Ltd ADR’s (NYSE:VIPS) fundamentals are futile

The price of Vipshop Holdings Ltd ADR (NYSE:VIPS) shares last traded on Wall Street rose 2.17% to $16.46.

VIPS stock price is now -2.22% away from the 50-day moving average and 1.14% away from the 200-day moving average. The market capitalization of the company currently stands at $7.65B.

With the price target enhanced from $20 to $21, Citigroup maintained Buy rating for Vipshop Holdings Ltd ADR (NYSE: VIPS). On November 15, 2023, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $18 to quote $20, while ‘JP Morgan’ rates the stock as ‘Overweight’

A total of 0.10% of the company’s stock is owned by insiders.

During the past 12 months, Vipshop Holdings Ltd ADR has had a low of $13.80 and a high of $20.19. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 1.23, and a quick ratio of 1.04. According to the stock market information, the enterprise value for the company is $5.43B, which is based on a 8.07 price-to-earnings ratio, a 0.62 price-to-earnings-growth ratio, and a beta of 0.41. The fifty day moving average price for VIPS is $16.84 and a two-hundred day moving average price translates $16.27 for the stock.

The latest earnings results from Vipshop Holdings Ltd ADR (NYSE: VIPS) was released for Dec, 2023. According to the Internet Retail Company, earnings per share came in at $0.8, beating analysts’ expectations of $0.7 by 0.1. This compares to $0.38 EPS in the same period last year. The net profit margin was 7.19% and return on equity was 23.09% for VIPS. The company reported revenue of $3.12 billion for the quarter, compared to $3.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.69 percent. For the current quarter, analysts expect VIPS to generate $3.97B in revenue.

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