Vipshop Holdings Ltd – Target of Unusually High Options Trading (VIPS)
Vipshop Holdings Ltd – (NASDAQ:VIPS) was the target of some unusual options trading on Friday. Investors bought 3,297 put options on the stock, American Banking News reports. This represents an increase of 107% compared to the average volume of 1,595 put options.
A number of research firms have recently commented on VIPS. Analysts at Zacks upgraded shares of Vipshop Holdings Ltd – from a “neutral” rating to an “outperform” rating in a research note on Friday. They now have a $230.20 price target on the stock. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Vipshop Holdings Ltd – in a research note on Friday, August 15th. They now have a $270.00 price target on the stock, up previously from $200.00. Finally, analysts at Brean Capital raised their price target on shares of Vipshop Holdings Ltd – from $200.00 to $300.00 in a research note on Friday, August 15th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and sixteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $214.72.
Vipshop Holdings Ltd – (NASDAQ:VIPS) traded down 0.40% on Friday, hitting $213.24. 668,237 shares of the company’s stock traded hands. Vipshop Holdings Ltd – has a 1-year low of $38.15 and a 1-year high of $229.49. The stock has a 50-day moving average of $206.6 and a 200-day moving average of $163.8. The company has a market cap of $12.097 billion and a price-to-earnings ratio of 139.93.
Vipshop Holdings Ltd – (NASDAQ:VIPS) last announced its earnings results on Wednesday, August 13th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.08. The company had revenue of $829.40 million for the quarter, compared to the consensus estimate of $791.55 million. Analysts expect that Vipshop Holdings Ltd – will post $2.97 EPS for the current fiscal year.
Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.
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