Shares of Vipshop Holdings Ltd – (NYSE:VIPS) have been assigned an average rating of “Buy” from the sixteen analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $17.59.

A number of brokerages have issued reports on VIPS. Benchmark lifted their price objective on Vipshop from $15.00 to $24.00 and gave the company a “buy” rating in a report on Friday, March 6th. KeyCorp lifted their price target on Vipshop from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Credit Suisse Group raised Vipshop from a “neutral” rating to an “outperform” rating and set a $18.00 price target for the company in a report on Thursday, May 7th. ValuEngine raised Vipshop from a “sell” rating to a “hold” rating in a report on Wednesday, June 17th. Finally, Zacks Investment Research cut Vipshop from a “buy” rating to a “hold” rating in a report on Thursday, June 18th.

Shares of NYSE VIPS traded up $0.08 during midday trading on Tuesday, reaching $19.91. 7,579,101 shares of the company traded hands, compared to its average volume of 6,818,251. The firm has a market cap of $13.29 billion, a PE ratio of 24.58 and a beta of 1.15. The stock’s 50-day simple moving average is $17.75 and its 200-day simple moving average is $15.47. Vipshop has a 12 month low of $6.17 and a 12 month high of $21.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.73 and a current ratio of 1.01.

Vipshop (NYSE:VIPS) last issued its quarterly earnings data on Wednesday, May 27th. The technology company reported $1.44 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.69. The company had revenue of $18.80 billion during the quarter, compared to analysts’ expectations of $17.86 billion. Vipshop had a return on equity of 20.74% and a net margin of 4.23%. The business’s revenue was down 11.7% on a year-over-year basis. During the same period last year, the business earned $1.19 earnings per share. On average, equities research analysts expect that Vipshop will post 1.16 EPS for the current year.

A number of hedge funds have recently made changes to their positions in VIPS. Morgan Stanley grew its position in shares of Vipshop by 11.0% during the 1st quarter. Morgan Stanley now owns 16,694,476 shares of the technology company’s stock worth $260,100,000 after buying an additional 1,660,225 shares during the period. Schroder Investment Management Group grew its position in shares of Vipshop by 9.5% during the 4th quarter. Schroder Investment Management Group now owns 10,831,090 shares of the technology company’s stock worth $153,476,000 after buying an additional 936,322 shares during the period. State Street Corp grew its position in shares of Vipshop by 6.6% during the 1st quarter. State Street Corp now owns 10,684,840 shares of the technology company’s stock worth $166,470,000 after buying an additional 657,163 shares during the period. Principal Financial Group Inc. grew its position in shares of Vipshop by 124.7% during the 1st quarter. Principal Financial Group Inc. now owns 8,743,765 shares of the technology company’s stock worth $136,228,000 after buying an additional 4,852,235 shares during the period. Finally, Krane Funds Advisors LLC grew its position in shares of Vipshop by 32.8% during the 1st quarter. Krane Funds Advisors LLC now owns 6,727,079 shares of the technology company’s stock worth $104,808,000 after buying an additional 1,663,222 shares during the period. Hedge funds and other institutional investors own 49.88% of the company’s stock.

About Vipshop

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men casual and formal shoes; and accessories that include belts, jewelry, watches, and glasses for women and men.

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Analyst Recommendations for Vipshop (NYSE:VIPS)

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