Vipshop Holdings Limited (NYSE:VIPS) Receives $15.30 Consensus Target Price from Analysts

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) has earned an average rating of "Hold" from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $15.30.

Several research firms have commented on VIPS. Barclays boosted their price target on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, Citigroup cut Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price for the company. in a research note on Tuesday, April 1st.

Vipshop Stock Performance

Shares of NYSE:VIPS traded up $0.07 during trading on Friday, hitting $13.73. The company's stock had a trading volume of 3,119,497 shares, compared to its average volume of 3,917,582. The company has a market capitalization of $7.05 billion, a PE ratio of 6.57, a P/E/G ratio of 1.52 and a beta of 0.53. Vipshop has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The business has a 50 day moving average price of $14.89 and a two-hundred day moving average price of $14.31.

Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion for the quarter, compared to analysts' expectations of $3.82 billion. As a group, equities analysts expect that Vipshop will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a $0.43 dividend. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, April 11th. Vipshop's payout ratio is currently 24.24%.

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently bought and sold shares of VIPS. Envestnet Asset Management Inc. boosted its stake in shares of Vipshop by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 43,510 shares of the technology company's stock worth $682,000 after buying an additional 2,126 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Vipshop by 4.1% in the 1st quarter. Bank of New York Mellon Corp now owns 560,933 shares of the technology company's stock valued at $8,795,000 after purchasing an additional 22,204 shares in the last quarter. Wayfinding Financial LLC purchased a new stake in Vipshop during the first quarter worth about $35,000. IFM Investors Pty Ltd increased its holdings in Vipshop by 37.9% in the first quarter. IFM Investors Pty Ltd now owns 22,571 shares of the technology company's stock valued at $355,000 after buying an additional 6,201 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in shares of Vipshop during the 1st quarter worth approximately $27,051,000. Hedge funds and other institutional investors own 48.82% of the company's stock.

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.