Vipshop (NYSE:VIPS) was downgraded by ValuEngine from a “sell” rating to a “strong sell” rating in a note issued to investors on Wednesday.
Other analysts have also recently issued research reports about the company. Benchmark reiterated a “buy” rating and set a $24.00 target price (up previously from $12.00) on shares of Vipshop in a research report on Wednesday, February 14th. HSBC upgraded Vipshop from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Wednesday, February 14th. Zacks Investment Research upgraded Vipshop from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Friday, February 23rd. Nomura raised their price target on Vipshop to $19.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Finally, KeyCorp set a $20.00 price target on Vipshop and gave the company a “buy” rating in a report on Tuesday, February 13th. Four analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.72.
NYSE:VIPS opened at $12.15 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.35 and a quick ratio of 0.98. Vipshop has a 12-month low of $12.05 and a 12-month high of $12.78. The stock has a market cap of $7.93 billion, a P/E ratio of 20.95 and a beta of 2.30.
Vipshop (NYSE:VIPS) last released its earnings results on Monday, February 12th. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.04. Vipshop had a return on equity of 23.48% and a net margin of 2.51%. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.60 billion. research analysts anticipate that Vipshop will post 0.69 EPS for the current year.
Large investors have recently bought and sold shares of the company. Resources Investment Advisors Inc. lifted its stake in shares of Vipshop by 296.6% in the 4th quarter. Resources Investment Advisors Inc. now owns 12,414 shares of the technology company’s stock valued at $145,000 after purchasing an additional 9,284 shares during the last quarter. Stone Ridge Asset Management LLC bought a new stake in shares of Vipshop in the 4th quarter valued at approximately $159,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Vipshop in the 4th quarter valued at approximately $172,000. Wexford Capital LP bought a new stake in shares of Vipshop in the 1st quarter valued at approximately $181,000. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of Vipshop in the 1st quarter valued at approximately $205,000. 48.32% of the stock is owned by institutional investors and hedge funds.
Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China. It offers a range of branded products, including 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 shoes for casual and formal occasions; and accessories consisting of belts, fashionable jewelry, watches, and glasses for women and men.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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