Shares of Vipshop Holdings Limited (NYSE:VIPS) have earned an average recommendation of “Hold” from the sixteen research firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $14.31.

Several research firms have commented on VIPS. Deutsche Bank AG lowered Vipshop Holdings Limited from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $15.50 to $12.60 in a research report on Friday, June 30th. Zacks Investment Research lowered Vipshop Holdings Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. BidaskClub upgraded Vipshop Holdings Limited from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Macquarie lowered their price objective on Vipshop Holdings Limited from $16.50 to $11.00 and set an “outperform” rating on the stock in a research report on Friday, August 18th. Finally, Daiwa Capital Markets lowered Vipshop Holdings Limited from a “buy” rating to a “hold” rating and set a $10.00 price objective on the stock. in a research report on Thursday, August 17th.

Vipshop Holdings Limited (NYSE VIPS) traded up 1.48% during midday trading on Friday, reaching $8.25. 6,642,323 shares of the company’s stock were exchanged. The firm’s 50 day moving average is $8.95 and its 200 day moving average is $11.36. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 15.99 and a beta of 1.87. Vipshop Holdings Limited has a 52 week low of $7.80 and a 52 week high of $15.49.

Vipshop Holdings Limited (NYSE:VIPS) last released its quarterly earnings data on Wednesday, August 16th. The technology company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.01). Vipshop Holdings Limited had a return on equity of 40.08% and a net margin of 3.17%. The company had revenue of $17.52 billion during the quarter, compared to analysts’ expectations of $17.30 billion. During the same quarter in the prior year, the company posted $0.17 EPS. The company’s revenue for the quarter was up 30.3% on a year-over-year basis. On average, equities analysts anticipate that Vipshop Holdings Limited will post $0.73 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. DnB Asset Management AS raised its stake in Vipshop Holdings Limited by 0.4% in the 2nd quarter. DnB Asset Management AS now owns 28,110 shares of the technology company’s stock valued at $297,000 after purchasing an additional 100 shares during the last quarter. OLD National Bancorp IN raised its stake in Vipshop Holdings Limited by 1.1% in the 2nd quarter. OLD National Bancorp IN now owns 11,396 shares of the technology company’s stock valued at $120,000 after purchasing an additional 128 shares during the last quarter. 1st Global Advisors Inc. raised its stake in Vipshop Holdings Limited by 1.5% in the 2nd quarter. 1st Global Advisors Inc. now owns 10,669 shares of the technology company’s stock valued at $113,000 after purchasing an additional 160 shares during the last quarter. QS Investors LLC raised its stake in Vipshop Holdings Limited by 1.6% in the 2nd quarter. QS Investors LLC now owns 18,600 shares of the technology company’s stock valued at $196,000 after purchasing an additional 300 shares during the last quarter. Finally, Comerica Bank raised its stake in Vipshop Holdings Limited by 1.3% in the 1st quarter. Comerica Bank now owns 29,105 shares of the technology company’s stock valued at $405,000 after purchasing an additional 386 shares during the last quarter. 56.42% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “Vipshop Holdings Limited (VIPS) Receives Consensus Rating of “Hold” from Analysts” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/22/vipshop-holdings-limited-vips-receives-consensus-rating-of-hold-from-analysts.html.

About Vipshop Holdings Limited

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)

Receive News & Ratings for Vipshop Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vipshop Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.