Vipshop Holdings Limited (NYSE:VIPS) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Sunday.

Several other brokerages also recently commented on VIPS. Nomura reaffirmed a “neutral” rating and set a $16.80 price objective (up previously from $16.40) on shares of Vipshop Holdings Limited in a research report on Tuesday, May 16th. Stifel Nicolaus raised their price objective on shares of 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 raised shares of Vipshop Holdings Limited from a “neutral” rating to an “overweight” rating and set a $18.00 price objective for the company in a research report on Tuesday, May 16th. TheStreet raised shares of Vipshop Holdings Limited from a “c+” rating to a “b” rating in a research report on Thursday, May 11th. Finally, Pacific Crest assumed coverage on shares of Vipshop Holdings Limited in a research report on Wednesday, March 22nd. They set an “overweight” rating and a $17.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $15.63.

Shares of Vipshop Holdings Limited (NYSE VIPS) traded down 0.71% on Friday, reaching $11.25. 4,244,280 shares of the company’s stock were exchanged. Vipshop Holdings Limited has a 52-week low of $9.94 and a 52-week high of $17.41. The stock has a market cap of $6.58 billion, a P/E ratio of 21.89 and a beta of 1.87. The company’s 50 day moving average price is $12.72 and its 200-day moving average price is $12.60.

Vipshop Holdings Limited (NYSE:VIPS) last announced its quarterly earnings data on Monday, May 15th. The technology company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by $0.01. The company had revenue of $15.95 billion for the quarter, compared to analyst estimates of $15.62 billion. Vipshop Holdings Limited had a return on equity of 44.90% and a net margin of 3.50%. The business’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period last year, the business earned $0.16 EPS. Equities analysts forecast that Vipshop Holdings Limited will post $0.83 EPS for the current fiscal year.

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A number of hedge funds have recently bought and sold shares of the stock. DnB Asset Management AS increased its stake in Vipshop Holdings Limited by 0.4% in the second quarter. DnB Asset Management AS now owns 28,110 shares of the technology company’s stock valued at $297,000 after buying an additional 100 shares during the last quarter. OLD National Bancorp IN increased its stake in Vipshop Holdings Limited by 1.1% in the second quarter. OLD National Bancorp IN now owns 11,396 shares of the technology company’s stock valued at $120,000 after buying an additional 128 shares during the last quarter. Comerica Bank increased its stake in Vipshop Holdings Limited by 1.3% in the first quarter. Comerica Bank now owns 29,105 shares of the technology company’s stock valued at $405,000 after buying an additional 386 shares during the last quarter. World Asset Management Inc increased its stake in Vipshop Holdings Limited by 1.4% in the first quarter. World Asset Management Inc now owns 31,518 shares of the technology company’s stock valued at $420,000 after buying an additional 445 shares during the last quarter. Finally, Boston Common Asset Management LLC increased its stake in Vipshop Holdings Limited by 3.8% in the first quarter. Boston Common Asset Management LLC now owns 23,015 shares of the technology company’s stock valued at $307,000 after buying an additional 845 shares during the last quarter. 68.52% of the stock is owned by institutional investors and hedge funds.

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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