Vipshop Holdings Ltd ADR (NYSE: VIPS) Not A Good Play Anymore?

Vipshop Holdings Ltd ADR (VIPS) concluded trading on Wednesday at a closing price of $17.47, with 4.66 million shares of worth about $81.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.67% during that period and on April 3, 2024 the price saw a loss of about -0.23%. Currently the company’s common shares owned by public are about 464.50M shares, out of which, 464.02M shares are available for trading.

Stock saw a price change of 8.44% in past 5 days and over the past one month there was a price change of -2.62%. Year-to-date (YTD), VIPS shares are showing a performance of -1.63% which increased to 15.09% 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 $20.19 during that period. The average intraday trading volume for Vipshop Holdings Ltd ADR shares is 3.59 million. The stock is currently trading 1.63% above its 20-day simple moving average (SMA20), while that difference is up 3.04% for SMA50 and it goes to 7.41% higher than SMA200.

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Vipshop Holdings Ltd ADR (NYSE: VIPS) currently have 464.50M outstanding shares and institutions hold larger chunk of about 69.53% of that.

The stock has a current market capitalization of $8.11B and its 3Y-monthly beta is at 0.39. PE ratio of stock for trailing 12 months is 8.57, while it has posted earnings per share of $2.04 in the same period. Its PEG reads 0.66 and has Quick Ratio of 1.04 while making debt-to-equity ratio of 0.06. 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 3.70% 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 $0.39 in the current quarter, while forecast for next quarter EPS is $0.59 and it is $2.61 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.93 which is $0.61 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 $0.49 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 6.95% while it is estimated to increase by 7.22% in next year. EPS is likely to shrink at an annualized rate of 12.99% for next 5-years, compared to annual growth of 33.14% 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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