Shares of Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) traded up 5.2% during mid-day trading on Monday . The company traded as high as $14.93 and last traded at $14.93. 272,386 shares traded hands during trading, a decline of 93% from the average session volume of 3,960,425 shares. The stock had previously closed at $14.19.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. CLSA lowered shares of Vipshop from an "outperform" rating to a "hold" rating and dropped their target price for the stock from $15.80 to $12.00 in a research report on Wednesday, August 21st. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Thursday, September 12th. Citigroup boosted their target price on shares of Vipshop from $15.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, September 27th. UBS Group lowered shares of Vipshop from a "buy" rating to a "neutral" rating and lowered their price target for the company from $20.00 to $12.50 in a report on Wednesday, August 21st. Finally, Morgan Stanley lowered their price target on shares of Vipshop from $16.00 to $14.00 and set an "equal weight" rating on the stock in a report on Tuesday, August 20th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Vipshop presently has an average rating of "Hold" and an average target price of $17.42.
View Our Latest Analysis on VIPS
Vipshop Trading Up 2.8 %
The company's fifty day moving average price is $14.24 and its two-hundred day moving average price is $14.56. The firm has a market cap of $7.91 billion, a P/E ratio of 6.89, a price-to-earnings-growth ratio of 1.62 and a beta of 0.34.
Vipshop (NYSE:VIPS - Get Free Report) last posted its earnings results on Tuesday, August 20th. The technology company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $0.48 by $3.43. The business had revenue of $25.08 billion for the quarter, compared to analyst estimates of $26.61 billion. Vipshop had a net margin of 7.52% and a return on equity of 22.51%. The firm's quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.51 EPS. On average, analysts predict that Vipshop Holdings Limited will post 1.97 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Atomi Financial Group Inc. lifted its position in Vipshop by 6.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 11,050 shares of the technology company's stock worth $174,000 after buying an additional 702 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Vipshop by 5.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,976 shares of the technology company's stock valued at $264,000 after purchasing an additional 779 shares during the period. Signaturefd LLC lifted its position in Vipshop by 5.1% during the 3rd quarter. Signaturefd LLC now owns 16,704 shares of the technology company's stock valued at $263,000 after purchasing an additional 817 shares during the period. Asset Management One Co. Ltd. lifted its position in Vipshop by 2.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company's stock valued at $770,000 after purchasing an additional 954 shares during the period. Finally, Financial Counselors Inc. lifted its position in Vipshop by 6.6% during the 1st quarter. Financial Counselors Inc. now owns 20,937 shares of the technology company's stock valued at $347,000 after purchasing an additional 1,294 shares during the period. Institutional investors and hedge funds own 48.82% of the company's stock.
Vipshop Company Profile
(
Get Free Report)
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.
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