Vipshop Holdings Limited (NYSE: VIPS) stock jumped 0.54% on Monday to $14.77 against a previous-day closing price of $14.69. With 1.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.2 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $14.92 whereas the lowest price it dropped to was $14.50. The 52-week range on VIPS shows that it touched its highest point at $19.13 and its lowest point at $6.36 during that stretch. It currently has a 1-year price target of $18.94. Beta for the stock currently stands at 0.60.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VIPS was down-trending over the past week, with a drop of -0.14%, but this was down by -9.00% over a month. Three-month performance dropped to -16.98% while six-month performance fell -1.40%. The stock gained 39.87% in the past year, while it has gained 8.28% so far this year. A look at the trailing 12-month EPS for VIPS yields 1.81 with Next year EPS estimates of 2.11. For the next quarter, that number is 0.38. This implies an EPS growth rate of 45.70% for this year and 3.90% for next year. EPS is expected to grow by 11.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 25.90%.
Float and Shares Shorts:
At present, 550.27 million VIPS shares are outstanding with a float of 455.50 million shares on hand for trading. On Aug 30, 2023, short shares totaled 9.88 million, which was 1.82% higher than short shares on Jul 30, 2023. In addition to VIPS as the firm’s Vipshop Holdings Limited, VIS serves as its Vanguard Industrials ETF.
Through their ownership of 70.41% of VIPS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 35.39% of VIPS, in contrast to 32.34% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in VIPS with 3.83% of the stake, Acadian Asset Management LLC holds 18,571,315 shares worth 18,571,315. A second-largest stockholder of VIPS, BlackRock Fund Advisors, holds 13,117,981 shares, controlling over 2.70% of the firm’s shares. Robeco Institutional Asset Manage is the third largest shareholder in VIPS, holding 11,779,385 shares or 2.43% stake. With a 2.52% stake in VIPS, the KraneShares CSI China Internet ET is the largest stakeholder. A total of 12,234,124 shares are owned by the mutual fund manager. The Stichting Pensioenfonds ABP, which owns about 1.44% of VIPS stock, is the second-largest Mutual Fund holder. It holds 6,963,728 shares valued at 109.96 million. Government Pension Fund – Global holds 1.41% of the stake in VIPS, owning 6,818,921 shares worth 107.67 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, VIPS reported revenue of $24.54B and operating income of $1.27B. The EBITDA in the recently reported quarter was $1.46B and diluted EPS was $1.97.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VIPS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With VIPS analysts setting a high price target of $160.38 and a low target of $102.06, the average target price over the next 12 months is $131.68. Based on these targets, VIPS could surge 985.85% to reach the target high and rise by 591.0% to reach the target low. Reaching the average price target will result in a growth of 791.54% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.