Analysts Set Vipshop Holdings Limited (NYSE:VIPS) PT at $15.75

Shares of Vipshop Holdings Limited (NYSE:VIPS) have received an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $15.75.

A number of research analysts have weighed in on the stock. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Citigroup cut their price target on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Benchmark reissued a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Finally, Barclays upped their target price on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th.

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently modified their holdings of VIPS. Asset Management One Co. Ltd. increased its holdings in Vipshop by 2.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company’s stock worth $770,000 after purchasing an additional 954 shares during the period. Atomi Financial Group Inc. grew its position in shares of Vipshop by 10.8% during the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after buying an additional 1,191 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Vipshop by 5.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company’s stock valued at $349,000 after buying an additional 1,400 shares during the period. Blue Trust Inc. increased its stake in shares of Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock valued at $134,000 after buying an additional 1,487 shares during the period. Finally, Nomura Asset Management Co. Ltd. raised its holdings in shares of Vipshop by 3.5% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company’s stock valued at $594,000 after acquiring an additional 1,500 shares in the last quarter. Institutional investors own 48.82% of the company’s stock.

Vipshop Stock Performance

VIPS stock opened at $16.84 on Friday. The firm has a fifty day moving average price of $14.73 and a 200 day moving average price of $14.24. Vipshop has a fifty-two week low of $11.50 and a fifty-two week high of $18.08. The firm has a market cap of $8.64 billion, a PE ratio of 8.06, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30.

Vipshop (NYSE:VIPS) last posted its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.82 billion. On average, equities analysts predict that Vipshop will post 1.95 EPS for the current year.

Vipshop Dividend Announcement

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

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.