Vipshop Holdings Limited (NYSE:VIPS) Receives $15.30 Average Price Target from Brokerages

Shares of Vipshop Holdings Limited (NYSE:VIPS) have been given a consensus recommendation of “Hold” by the six analysts that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $15.30.

Several equities analysts have recently commented on the company. Barclays increased their price objective on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Citigroup lowered shares of Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price objective for the company. in a report on Tuesday.

Vipshop Trading Down 5.0 %

Shares of NYSE VIPS opened at $14.08 on Wednesday. The business has a 50-day moving average of $15.61 and a 200-day moving average of $14.64. The firm has a market capitalization of $7.23 billion, a price-to-earnings ratio of 6.74, a PEG ratio of 1.52 and a beta of 0.53. Vipshop has a 12 month low of $11.50 and a 12 month high of $17.94.

Vipshop (NYSE:VIPS) last released its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). The company had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. On average, analysts predict that Vipshop will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be given a $0.43 dividend. The ex-dividend date is Friday, April 11th. This represents a yield of 2.9%. Vipshop’s payout ratio is currently 24.24%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VIPS. Atomi Financial Group Inc. boosted its position in Vipshop by 10.8% during the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock valued at $165,000 after buying an additional 1,191 shares during the period. Daiwa Securities Group Inc. grew its stake in shares of Vipshop by 5.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company’s stock worth $349,000 after purchasing an additional 1,400 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,487 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Vipshop by 3.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company’s stock valued at $594,000 after purchasing an additional 1,500 shares during the period. Finally, Lester Murray Antman dba SimplyRich raised its position in Vipshop by 1.0% during the 4th quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company’s stock valued at $2,036,000 after purchasing an additional 1,526 shares during the last quarter. Institutional investors own 48.82% of the company’s stock.

About Vipshop

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.