As of Wednesday close, Vipshop Holdings Limited’s (NYSE:VIPS) stock was down -$0.56, moving down -3.41 percent to $15.86. The average number of shares traded per day over the past five days has been 3,014,500 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.14 fall in that time frame. In the last twenty days, the average volume was 3,722,625, while in the previous 50 days, it was 3,140,088.
Since last month, VIPS stock retreated -15.37%. Shares of the company fell to $14.47 on 08/18/23, the lowest level in the past month. A 52-week high of $19.13 was reached on 07/31/23 after having rallying from a 52-week low of $6.36. Since the beginning of this year, VIPS’s stock price has risen by 16.28% or $2.22, and marked a new high 15 times. However, the stock has declined by -17.09% since its 52-week high.
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Valuation Metrics
Right now, Vipshop Holdings Limited (VIPS) has a P/E ratio of about 8.77. The stock’s beta is 0.59. Besides these, the trailing price-to-sales (P/S) ratio of 0.59, the price-to-book (PB) ratio of 1.96.
Financial Health
In the three months ended June 29, Vipshop Holdings Limited’s quick ratio stood at 1.00, while its current ratio was 1.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 21.80% percent. In the year ended June 29, EBITDA margin amounted to 6.79%, whereas operating margins totaled 6.90%. Based on annual data, VIPS earned $3.13 billion in gross profit and brought in $14.96 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.30%. Return on equity (ROE) for the past 12 months was 24.20%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VIPS’s revenue fell -22.82% during the quarter, while net income inched up to $14.96 billion. While analysts expected Vipshop Holdings Limited to report $0.44 quarterly earnings, the actual figure was $0.59 per share, beating the consensus estimate by 34.10%. During the quarter, the company generated $264.3 million in EBITDA. The liabilities of Vipshop Holdings Limited were 3.69 billion at the end of its most recent quarter ended June 29, and its total debt was $1.32 billion.
Technical Picture
This quick technical analysis looks at Vipshop Holdings Limited’s (VIPS) price momentum. With a historical volatility rate of 63.88%, the RSI 9-day stood at 43.20% on 30 August.
With respect to its five-day moving average, the current Vipshop Holdings Limited price is down by -0.88% percent or -$0.14. At present, VIPS shares trade -10.34% below its 20-day simple moving average and +4.76% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.98% below its SMA50 and +94.36% above its SMA200.
Stochastic coefficient K was 46.93% and Stochastic coefficient D was 40.55%, while ATR was 0.73. Given the Stochastic reading of 53.69% for the 14-day period, the RSI (14) reading has been calculated as 44.03%. As of today, the MACD Oscillator reading stands at 0.27, while the 14-day reading stands at 0.16.
Analyst Ratings
JP Morgan upgraded its rating on Vipshop Holdings Limited (NYSE: VIPS) to an Overweight in a note to investors on May 25, 2023. The analysts firm previously had a Neutral rating on the stock.Vipshop Holdings Limited (VIPS) has been rated Overweight by analysts. According to 0 brokerage firms, VIPS is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Vipshop Holdings Limited stock as buy, with 18 recommending it as overweight.
With a median target price of $131.36, the current consensus forecast for the stock is $102.06 – $160.38. Based on these forecasts, analysts predict Vipshop Holdings Limited (VIPS) will achieve an average price target of $131.62.
