In yesterday’s Wall Street session, Vipshop Holdings Ltd ADR (NYSE:VIPS) shares traded at $16.52, up 0.43% from the previous session.
VIPS stock price is now 0.22% away from the 50-day moving average and 2.50% away from the 200-day moving average. The market capitalization of the company currently stands at $7.67B.
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With the price target enhanced from $20 to $21, Citigroup maintained Buy rating for Vipshop Holdings Ltd ADR (NYSE: VIPS). On November 15, 2023, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $18 to quote $20, while ‘JP Morgan’ rates the stock as ‘Overweight’
A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Vipshop Holdings Ltd ADR has had a low of $13.80 and a high of $20.19. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.25, and a quick ratio of 1.10. According to the stock market information, the enterprise value for the company is -$22124931072, which is based on a 7.66 price-to-earnings ratio, a 0.59 price-to-earnings-growth ratio, and a beta of 0.39. The fifty day moving average price for VIPS is $16.462 and a two-hundred day moving average price translates $16.11215 for the stock.
The latest earnings results from Vipshop Holdings Ltd ADR (NYSE: VIPS) was released for 2023-12-31. According to the Internet Retail Company, earnings per share came in at 0.49, beating analysts’ expectations of 0.36 by 0.13. This compares to $0.50 EPS in the same period last year. The net profit margin was 7.59% and return on equity was 24.19% for VIPS. The company reported revenue of $4.92 billion for the quarter, compared to $4.27 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.19 percent. For the current quarter, analysts expect VIPS to generate $3.86B in revenue.
