Vipshop (NYSE:VIPS) Shares Gap Down – What’s Next?

Vipshop Holdings Limited (NYSE:VIPS) shares gapped down prior to trading on Tuesday . The stock had previously closed at $15.47, but opened at $14.19. Vipshop shares last traded at $15.03, with a volume of 1,020,816 shares trading hands.

Wall Street Analyst Weigh In

VIPS has been the subject of a number of research reports. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Barclays increased their price objective on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Finally, Citigroup lowered Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 target price on the stock. in a research note on Tuesday, April 1st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $15.30.

Vipshop Trading Down 5.6%

The firm has a market cap of $7.50 billion, a P/E ratio of 6.98, a PEG ratio of 1.52 and a beta of 0.60. The business’s fifty day simple moving average is $14.45 and its 200-day simple moving average is $14.30.

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

Vipshop Dividend Announcement

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

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently bought and sold shares of VIPS. Baader Bank Aktiengesellschaft increased its holdings in shares of Vipshop by 5.0% in the first quarter. Baader Bank Aktiengesellschaft now owns 15,755 shares of the technology company’s stock worth $245,000 after purchasing an additional 755 shares during the period. Atlas Capital Advisors Inc. grew its position in Vipshop by 41.5% during the first quarter. Atlas Capital Advisors Inc. now owns 3,567 shares of the technology company’s stock worth $56,000 after buying an additional 1,046 shares in the last quarter. Asset Management One Co. Ltd. increased its stake in Vipshop by 2.2% in the 1st quarter. Asset Management One Co. Ltd. now owns 54,607 shares of the technology company’s stock worth $856,000 after acquiring an additional 1,165 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in shares of Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock valued at $165,000 after acquiring an additional 1,191 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in shares of Vipshop by 5.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company’s stock valued at $349,000 after acquiring an additional 1,400 shares during the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

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.