Vipshop Holdings Limited (NYSE:VIPS) shares, dropped in value on Wednesday, Apr 07, with the stock price down by -6.32% to the previous day’s close as weak demand from buyers trailed the stock to $29.51.
Actively observing the price movement in the last trading, the stock closed the session at $31.5, falling within a range of $29.50 and $31.49. The value of beta (5-year monthly) was 0.66 whereas the PE ratio was 22.41 over 12-month period. Referring to stock’s 52-week performance, its high was $46, and the low was $14.16. On the whole, VIPS has fluctuated by -27.39% over the past month.
With the market capitalization of Vipshop Holdings Limited currently standing at about $19.84 Billion, investors are eagerly awaiting this quarter’s results, scheduled for May 25, 2021- May 31, 2021. The company’s Forward Dividend Ratio is 0, with its dividend yield at 0%. As a result, investors may see a weakening in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.36, which is expected to increase to $1.39 for fiscal year 2021 and then to about $2.02 by fiscal year 2022. Data indicates that the EPS growth is expected to be 0.24% in 2021, while the next year’s EPS growth is forecast to be 0.17%.
Analysts have estimated the company’s revenue for the quarter at $4.28 Billion, with a low estimate of $4.17 Billion and a high estimate of $4.38 Billion. According to the average forecast, sales growth in current quarter could jump up +59.7%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $19.06 Billion, representing an increase of 22.4% from the revenues reported in the last year’s results.
We see that VIPS’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 50% Buy.
22 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 5 analyst(s), 15 recommend it as a Buy and 2 called the VIPS stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight.
A comparison of Vipshop Holdings Limited (VIPS) with its peers suggests the former has fared considerably weaker in the market. VIPS showed an intraday change of -6.32% in last session, and over the past year, it grew by +87.01%. In comparison, Godaddy Inc (GDDY) has moved lower at -0.02% on the day and was up +41.09% over the past 12 months. On the other hand, the price of Grubhub Inc (GRUB) has risen 5.32% on the day. The stock, however, is off 65.21% from where it was a year ago. Additionally, there is a decline of -632% for Makemytrip Ltd (MMYT) in last trading while the stock has seen an overall apprecation of 87.01% over the past year. The PE ratio stands at 22.41 for Vipshop Holdings Limited, compared to 0 for Godaddy Inc, and 0 for Grubhub Inc. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.
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Data on historical trading for Vipshop Holdings Limited (NYSE:VIPS) indicates that the trading volumes over the past 10 days have averaged 43.52 Million and over the past 3 months, they’ve averaged 13.88 Million. According to company’s latest data on outstanding shares, there are 678.67 Million shares outstanding.
Nearly 7.94% of Vipshop Holdings Limited’s shares belong to company insiders and institutional investors own 61.2% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 47.57 Million shares as on March 14, 2021, resulting in a short ratio of 5.35. According to the data, the short interest in Vipshop Holdings Limited (VIPS) stood at 7.01% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 42.89 Million. The stock has risen by +4.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VIPS stock heading into the next quarter.