BidaskClub lowered shares of Vipshop Holdings Limited (NYSE:VIPS) from a sell rating to a strong sell rating in a research report report published on Wednesday morning.

Several other equities analysts also recently commented on VIPS. TheStreet upgraded Vipshop Holdings Limited from a c+ rating to a b rating in a research report on Thursday, May 11th. Stifel Nicolaus raised their target price on Vipshop Holdings Limited from $17.00 to $18.00 and gave the stock a buy rating in a research report on Tuesday, May 16th. J P Morgan Chase & Co upgraded Vipshop Holdings Limited from a neutral rating to an overweight rating and set a $18.00 target price for the company in a research report on Tuesday, May 16th. Nomura restated a neutral rating and set a $16.80 target price (up previously from $16.40) on shares of Vipshop Holdings Limited in a research report on Tuesday, May 16th. Finally, Jefferies Group LLC restated a buy rating and set a $17.00 target price on shares of Vipshop Holdings Limited in a research report on Friday, May 19th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $14.04.

Vipshop Holdings Limited (VIPS) opened at 9.27 on Wednesday. Vipshop Holdings Limited has a 12 month low of $9.00 and a 12 month high of $16.24. The stock’s 50 day moving average is $11.12 and its 200-day moving average is $12.53. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 18.36 and a beta of 1.90.

Vipshop Holdings Limited (NYSE:VIPS) last posted its earnings results on Wednesday, August 16th. The technology company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.01. The company had revenue of $17.52 billion for the quarter, compared to the consensus estimate of $17.30 billion. Vipshop Holdings Limited had a return on equity of 40.08% and a net margin of 3.17%. Vipshop Holdings Limited’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.17 EPS. On average, equities research analysts expect that Vipshop Holdings Limited will post $0.74 earnings per share for the current year.

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Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its stake in Vipshop Holdings Limited by 4,449.5% in the first quarter. BlackRock Inc. now owns 17,839,154 shares of the technology company’s stock valued at $237,973,000 after buying an additional 17,447,045 shares during the period. Swiss National Bank boosted its stake in Vipshop Holdings Limited by 12.4% in the first quarter. Swiss National Bank now owns 944,860 shares of the technology company’s stock valued at $12,604,000 after buying an additional 104,000 shares during the period. Wellington Management Group LLP boosted its stake in Vipshop Holdings Limited by 4.9% in the first quarter. Wellington Management Group LLP now owns 3,248,556 shares of the technology company’s stock valued at $43,336,000 after buying an additional 150,848 shares during the period. Korea Investment CORP boosted its stake in Vipshop Holdings Limited by 1.8% in the first quarter. Korea Investment CORP now owns 487,400 shares of the technology company’s stock valued at $6,502,000 after buying an additional 8,600 shares during the period. Finally, OppenheimerFunds Inc. boosted its stake in Vipshop Holdings Limited by 7.7% in the first quarter. OppenheimerFunds Inc. now owns 658,830 shares of the technology company’s stock valued at $8,789,000 after buying an additional 47,250 shares during the period. 56.43% of the stock is owned by hedge funds and other institutional investors.

Vipshop Holdings Limited Company Profile

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.

Analyst Recommendations for Vipshop Holdings Limited (NYSE:VIPS)

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