Vipshop Holdings Ltd ADR (VIPS): What Technical Indicators Show

Vipshop Holdings Ltd ADR (NYSE:VIPS) saw an upside of 1.55% to $15.06 after adding $0.23 on Monday. The 5-day average trading volume is 2,125,337 shares of the company’s common stock. It has gained $15.17 in the past week and touched a new high 3 times within the past 5 days. An average of 2,736,824 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,138,018.

VIPS’s 1-month performance is -6.17% or -$0.70 on its low of $14.03 reached on 09/21/23. The company’s shares have touched a 52-week low of $6.36 and high of $19.13, with the stock’s rally to the 52-week high happening on 07/31/23. YTD, VIPS has achieved 10.41% or $1.38 and has reached a new high 15 times. However, the current price is down -21.28% from the 52-week high price.

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Valuation Metrics

VIPS stock has a beta of 0.61. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.45 while the price-to-book (PB) in the most recent quarter is 1.83.

Vipshop Holdings Ltd ADR’s quick ratio for the period ended June 29 was 0.97, with the current ratio over the same period at 1.14. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.02, while the total debt to equity was 0.04. In terms of profitability, the gross margin trailing 12 months is 21.77%. The trailing 12-month EBITDA margin is 6.79% while for the period ending June 29, Vipshop Holdings Ltd ADR’s operating margin was 6.28%. The firm’s gross profit as reported stood at $3.13 billion against revenue of $14.96 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 19.57% to $913.24 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected VIPS to announce $0.44 per share in earnings in its latest quarter, but it posted $0.59, representing a 34.10% surprise. EBITDA for the quarter stood at more than $264.3 million. VIPS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 3.69 billion, with total debt at $1.32 billion.

Let’s look briefly at Vipshop Holdings Ltd ADR (VIPS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 49.04% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.11%.

The stock’s 5-day moving average is $14.70, reflecting a +1.69% or $0.25 change from its current price. VIPS is currently trading -4.45% above its 20-day SMA, +0.47% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.62% and SMA200 by+17.53%.

Stochastic %K and %D was 33.38% and 20.21% and the average true range (ATR) pointed at 0.54. The RSI (14) points at 44.73%, while the 14-day stochastic is at 45.94% with the period’s ATR at 0.57. The stock’s 9-day MACD Oscillator is pointing at 0.05 and -0.05 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Vipshop Holdings Ltd ADR (NYSE: VIPS), JP Morgan upgraded it to an Overweight rating. They previously had a Neutral rating on the stock. Analysts offering their rating for VIPS stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate VIPS as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 16 have offered a “buy” rating.

What is VIPS’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $102.06 and a high of $160.38, with their median price target at $131.36. Looking at these predictions, the average price target given by analysts is for Vipshop Holdings Ltd ADR (VIPS) stock is $131.62.

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