Vipshop Holdings Limited (NYSE:VIPS) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Saturday.

A number of other equities analysts have also issued reports on VIPS. TheStreet upgraded shares of Vipshop Holdings Limited from a “c+” rating to a “b” rating in a research report on Thursday, May 11th. Stifel Nicolaus increased their price target on Vipshop Holdings Limited from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, May 16th. J P Morgan Chase & Co raised Vipshop Holdings Limited from a “neutral” rating to an “overweight” rating and set a $18.00 price target for the company in a report on Tuesday, May 16th. Nomura reaffirmed a “neutral” rating and set a $16.80 price target (up from $16.40) on shares of Vipshop Holdings Limited in a report on Tuesday, May 16th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Vipshop Holdings Limited in a report on Friday, May 19th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Vipshop Holdings Limited has a consensus rating of “Hold” and a consensus price target of $14.44.

Vipshop Holdings Limited (NYSE VIPS) traded down 3.33% on Friday, reaching $9.86. 19,038,259 shares of the company’s stock were exchanged. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of 19.52 and a beta of 1.90. Vipshop Holdings Limited has a one year low of $9.84 and a one year high of $16.24. The firm has a 50 day moving average of $11.30 and a 200-day moving average of $12.61.

Vipshop Holdings Limited (NYSE:VIPS) last announced its earnings results on Wednesday, August 16th. The technology company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by $0.01. The business had revenue of $17.52 billion for the quarter, compared to analysts’ expectations of $17.30 billion. Vipshop Holdings Limited had a return on equity of 42.46% and a net margin of 3.17%. The business’s revenue was up 30.3% on a year-over-year basis. During the same quarter last year, the business posted $0.17 earnings per share. Equities research analysts forecast that Vipshop Holdings Limited will post $0.81 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. Murphy Capital Management Inc. acquired a new stake in Vipshop Holdings Limited during the second quarter worth approximately $111,000. 1st Global Advisors Inc. increased its stake in Vipshop Holdings Limited by 1.5% in the second quarter. 1st Global Advisors Inc. now owns 10,669 shares of the technology company’s stock worth $113,000 after buying an additional 160 shares during the period. FNY Partners Fund LP increased its stake in Vipshop Holdings Limited by 71.9% in the second quarter. FNY Partners Fund LP now owns 11,000 shares of the technology company’s stock worth $116,000 after buying an additional 4,600 shares during the period. 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 worth $120,000 after buying an additional 128 shares during the period. Finally, Advisors Preferred LLC acquired a new stake in Vipshop Holdings Limited during the first quarter worth approximately $134,000. 68.10% of the stock is owned by 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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