Vipshop Holdings Ltd – (VIPS) Short Interest Update
Vipshop Holdings Ltd – (NYSE:VIPS) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 16,782,182 shares, an increase of 18.8% from the February 15th total of 14,123,846 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average daily volume of 15,959,266 shares, the short-interest ratio is presently 1.1 days.
NYSE:VIPS opened at $7.80 on Friday. Vipshop has a 1 year low of $4.30 and a 1 year high of $18.99. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.05 and a quick ratio of 0.85. The company has a market capitalization of $5.14 billion, a PE ratio of 18.14 and a beta of 1.92.
Vipshop (NYSE:VIPS) last posted its earnings results on Wednesday, February 20th. The technology company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. Vipshop had a net margin of 2.53% and a return on equity of 12.71%. The company had revenue of $26.08 billion during the quarter, compared to analysts’ expectations of $26.78 billion. During the same quarter in the previous year, the company posted $1.41 earnings per share. Vipshop’s quarterly revenue was up 8.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Vipshop will post 0.56 EPS for the current year.
VIPS has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Vipshop from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a research note on Saturday, January 26th. Macquarie cut shares of Vipshop from an “outperform” rating to a “neutral” rating and cut their target price for the company from $7.00 to $5.90 in a research note on Friday, February 22nd. Bank of America cut shares of Vipshop from a “buy” rating to a “neutral” rating and set a $6.92 target price for the company. in a research note on Tuesday, February 19th. ValuEngine upgraded shares of Vipshop from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Finally, Credit Suisse Group cut shares of Vipshop from a “neutral” rating to an “underperform” rating in a research note on Thursday, February 21st. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $9.00.
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Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.
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