Vipshop Holdings Limited (NYSE:VIPS) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on Vipshop, with two sells, four holds, three buys and one strong buy. The average 12-month price target is $18.52, above the stock’s recent $13.05 price.
• Vipshop reported quarterly EPS of $0.12, missing the $0.59 consensus estimate by $0.47, while revenue of $3.64 billion matched expectations.
• Institutional investors own 48.82% of the company, with major holders including Goldman Sachs, Guggenheim Capital and California Public Employees Retirement System increasing their positions.

Shares of Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) have earned a consensus rating of "Hold" from the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $18.5167.

VIPS has been the topic of a number of analyst reports. Nomura reaffirmed a "neutral" rating and set a $14.00 target price on shares of Vipshop in a research report on Thursday, August 27th. Bank of America reissued an "underperform" rating on shares of Vipshop in a report on Friday, May 29th. Morgan Stanley set a $16.00 price objective on Vipshop in a research note on Wednesday, August 26th. UBS Group set a $18.50 price objective on Vipshop and gave the stock a "buy" rating in a report on Friday, May 22nd. Finally, Wall Street Zen lowered Vipshop from a "buy" rating to a "hold" rating in a research report on Monday, August 24th.

Hedge Funds Weigh In On Vipshop

Large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its holdings in Vipshop by 29.6% in the first quarter. Goldman Sachs Group Inc. now owns 4,931,512 shares of the technology company's stock worth $77,326,000 after purchasing an additional 1,126,983 shares during the period. Guggenheim Capital LLC increased its holdings in shares of Vipshop by 24.2% in the 2nd quarter. Guggenheim Capital LLC now owns 45,053 shares of the technology company's stock worth $678,000 after acquiring an additional 8,779 shares during the period. Jump Financial LLC bought a new stake in Vipshop in the 2nd quarter valued at about $505,000. California Public Employees Retirement System lifted its position in Vipshop by 9.6% in the 2nd quarter. California Public Employees Retirement System now owns 668,627 shares of the technology company's stock valued at $10,063,000 after purchasing an additional 58,820 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in Vipshop by 14.1% during the 2nd quarter. Daiwa Securities Group Inc. now owns 42,000 shares of the technology company's stock valued at $632,000 after purchasing an additional 5,200 shares during the period. Institutional investors own 48.82% of the company's stock.

Vipshop Trading Down 1.1%

Shares of VIPS stock opened at $13.05 on Wednesday. The company has a market capitalization of $6.25 billion, a PE ratio of 4.32, a price-to-earnings-growth ratio of 2.03 and a beta of 0.67. The firm has a fifty day simple moving average of $14.23 and a 200-day simple moving average of $14.68. Vipshop has a twelve month low of $12.65 and a twelve month high of $21.08.

Vipshop (NYSE:VIPS - Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.47). Vipshop had a return on equity of 12.63% and a net margin of 9.88%.The firm had revenue of $3.64 billion for the quarter, compared to analysts' expectations of $3.64 billion. Equities research analysts predict that Vipshop will post 1.67 EPS for the current year.

About Vipshop

Vipshop Holdings Limited NYSE: VIPS is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

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