Is Vipshop Holdings Ltd ADR (NYSE: VIPS) Proving The Doubters Wrong?

Vipshop Holdings Ltd ADR (VIPS) concluded trading on Wednesday at a closing price of $19.53, with 15.13 million shares of worth about $295.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.33% during that period and on on Wednesday the price saw a gain of about 12.63%. Currently the company’s common shares owned by public are about 508.11M shares, out of which, 463.54M shares are available for trading.

However, the stock later moved at a day high price of 20.19, or with a gain of 12.63%. Stock saw a price change of 18.22% in past 5 days and over the past one month there was a price change of 22.52%. Year-to-date (YTD), VIPS shares are showing a performance of 9.97% which increased to 34.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.80 but also hit the highest price of $19.13 during that period. The average intraday trading volume for Vipshop Holdings Ltd ADR shares is 2.85 million. The stock is currently trading 17.20% above its 20-day simple moving average (SMA20), while that difference is up 18.01% for SMA50 and it goes to 21.56% higher than SMA200.

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Vipshop Holdings Ltd ADR (NYSE: VIPS) currently have 508.11M outstanding shares and institutions hold larger chunk of about 68.11% of that.

The stock has a current market capitalization of $9.06B and its 3Y-monthly beta is at 0.40. PE ratio of stock for trailing 12 months is 10.77, while it has posted earnings per share of $1.81 in the same period. Its PEG reads 6.65 and has Quick Ratio of 0.98 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VIPS, volatility over the week remained 3.81% while standing at 3.60% over the month.

Analysts are in expectations that Vipshop Holdings Ltd ADR (VIPS) stock would likely to be making an EPS of $0.71 in the current quarter, while forecast for next quarter EPS is $0.1 and it is $2.37 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.66 which is $0.76 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.53 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 4.89% while it is estimated to increase by 5.02% in next year. EPS is likely to shrink at an annualized rate of 1.62% for next 5-years, compared to annual growth of 24.35% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 23, 2024 offering a Buy rating for the stock and assigned a target price range of between $20 and $21 to it. Coverage by Citigroup stated Vipshop Holdings Ltd ADR (VIPS) stock as a Buy in their note to investors on November 15, 2023, suggesting a price target of $20 for the stock. On May 25, 2023, JP Morgan Upgrade their recommendations, while on March 29, 2023, Daiwa Securities Upgrade their ratings for the stock with a price target of $17.30. Stock get a Buy rating from UBS on February 24, 2023.

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