Vipshop Holdings Limited (NYSE:VIPS) Receives $21.13 Consensus Price Target from Analysts

Shares of Vipshop Holdings Limited (NYSE:VIPS) have received an average recommendation of “Moderate Buy” from the four research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $21.13.

Several research analysts recently commented on the stock. Citigroup raised their price target on shares of Vipshop from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Benchmark reissued a “buy” rating and set a $29.00 target price on shares of Vipshop in a research report on Thursday, February 29th. HSBC cut their target price on shares of Vipshop from $22.90 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, March 28th. Finally, StockNews.com raised shares of Vipshop from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 19th.

Vipshop Stock Performance

Shares of NYSE:VIPS opened at $15.74 on Tuesday. Vipshop has a fifty-two week low of $13.80 and a fifty-two week high of $20.19. The firm has a fifty day moving average price of $16.99 and a 200 day moving average price of $16.28. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 7.75 and a beta of 0.41.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 28th. The technology company reported $5.79 EPS for the quarter, beating the consensus estimate of $0.64 by $5.15. Vipshop had a net margin of 7.20% and a return on equity of 23.19%. The business had revenue of $34.67 billion during the quarter, compared to analyst estimates of $33.18 billion. During the same quarter last year, the business earned $0.47 earnings per share. Vipshop’s quarterly revenue was up 9.2% compared to the same quarter last year. As a group, research analysts predict that Vipshop will post 2.24 earnings per share for the current year.

Vipshop Announces Dividend

The company also recently declared an annual dividend, which was paid on Monday, April 8th. Stockholders of record on Friday, March 15th were issued a $0.43 dividend. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 14th. Vipshop’s dividend payout ratio is currently 20.20%.

Institutional Trading of Vipshop

Several large investors have recently bought and sold shares of the stock. Lindbrook Capital LLC grew its position in Vipshop by 56.4% during the 4th quarter. Lindbrook Capital LLC now owns 1,963 shares of the technology company’s stock worth $35,000 after purchasing an additional 708 shares during the last quarter. Natixis Advisors L.P. grew its position in Vipshop by 1.2% during the 4th quarter. Natixis Advisors L.P. now owns 63,756 shares of the technology company’s stock worth $1,132,000 after purchasing an additional 757 shares during the last quarter. Diversified Trust Co grew its position in Vipshop by 0.9% during the 1st quarter. Diversified Trust Co now owns 99,737 shares of the technology company’s stock worth $1,651,000 after purchasing an additional 875 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Vipshop by 8.6% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 11,460 shares of the technology company’s stock worth $183,000 after purchasing an additional 905 shares during the last quarter. Finally, Vinva Investment Management Ltd grew its position in Vipshop by 6.4% during the 4th quarter. Vinva Investment Management Ltd now owns 16,007 shares of the technology company’s stock worth $281,000 after purchasing an additional 969 shares during the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

About Vipshop

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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.