Vipshop Holdings Ltd ADR (NYSE:VIPS) shares, rose in value, with the stock price down by -0.52% to the previous day’s close as strong demand from buyers drove the stock to $17.06.
Actively observing the price movement in the last trading, the stock closed the session at $17.15. The value of beta (5-year monthly) was 0.43 whereas the PE ratio was 8.37 over 12-month period. Referring to stock’s 52-week performance, its high was $20.19, and the low was $13.80. On the whole, VIPS has fluctuated by -3.89% over the past month.
With the market capitalization of Vipshop Holdings Ltd ADR currently standing at about $7.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 21, 2024 – May 27, 2024. The company’s Forward Dividend Ratio is 0.43, with its dividend yield at 2.52%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.39, which is expected to increase to $0.62 for fiscal year $2.5 and then to about $2.61 by fiscal year 2025. Data indicates that the EPS growth is expected to be 6.80% in 2025, while the next year’s EPS growth is forecast to be 4.40%.
Analysts have estimated the company’s revenue for the quarter at $3.86 billion, with a low estimate of $3.81 billion and a high estimate of $3.97 billion. According to the average forecast, sales growth in current quarter could jump up 0.70%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $16.38 billion, representing an increase of 5.00% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were 1 upward and no downward review(s) in last seven days. We see that VIPS’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 75% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.64, with the price of VIPS currently trading nearly -0.50% and 0.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.92, while the 7-day volatility ratio is showing 3.18% which for the 30-day chart, stands at 3.40%. Furthermore, Vipshop Holdings Ltd ADR (VIPS)’s beta value is 0.39, and its average true range (ATR) is 0.66.
A comparison of Vipshop Holdings Ltd ADR (VIPS) with its peers suggests the former has fared considerably weaker in the market. VIPS showed an intraday change of -0.52% in last session, and over the past year, it grew by 13.21%%.
Data on historical trading for Vipshop Holdings Ltd ADR (NYSE:VIPS) indicates that the trading volumes over the past 10 days have averaged 3.95 million and over the past 3 months, they’ve averaged 3.63 million. According to company’s latest data on outstanding shares, there are 464.50 million shares outstanding.
Nearly 0.10% of Vipshop Holdings Ltd ADR’s shares belong to company insiders and institutional investors own 68.73% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.33 million shares as on Mar 15, 2024, resulting in a short ratio of 1.73. According to the data, the short interest in Vipshop Holdings Ltd ADR (VIPS) stood at 1.54% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 8.53 million. The stock has fallen by -3.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VIPS stock heading into the next quarter.
