Brokerages Set Vipshop Holdings Limited (NYSE:VIPS) Price Target at $15.75

Shares of Vipshop Holdings Limited (NYSE:VIPS) have been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $15.75.

Several research firms have commented on VIPS. Barclays upped their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Citigroup decreased their price objective 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. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a report on Wednesday, November 20th.

Vipshop Trading Down 0.4 %

Shares of VIPS opened at $16.42 on Friday. The company has a market cap of $8.43 billion, a price-to-earnings ratio of 7.85, a PEG ratio of 1.52 and a beta of 0.30. Vipshop has a 1-year low of $11.50 and a 1-year high of $18.08. The company’s fifty day simple moving average is $14.59 and its 200 day simple moving average is $14.21.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 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 analyst estimates of $3.82 billion. As a group, research analysts forecast that Vipshop will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

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

Institutional Investors Weigh In On Vipshop

Several institutional investors and hedge funds have recently bought and sold shares of VIPS. Venturi Wealth Management LLC bought a new stake in Vipshop during the third quarter worth about $56,000. Blue Trust Inc. lifted its position in Vipshop by 17.5% during 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 period. Jump Financial LLC bought a new stake in Vipshop during the fourth quarter worth about $161,000. Atomi Financial Group Inc. lifted its holdings in shares of Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after acquiring an additional 1,191 shares during the last quarter. Finally, Vontobel Holding Ltd. acquired a new stake in shares of Vipshop in the 4th quarter valued at approximately $165,000. Institutional investors own 48.82% of the company’s stock.

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.