Vipshop Holdings Ltd – ADR (VIPS) Stock Price Hits 52-Week Low Today

October 13, 2017 - By Marguerite Chambers

The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) hit a new 52-week low and has $7.50 target or 5.00 % below today’s $7.89 share price. The 6 months bearish chart indicates high risk for the $4.66B company. The 1-year low was reported on Oct, 13 by Barchart.com. If the $7.50 price target is reached, the company will be worth $233.00 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

About 11.07 million shares traded or 30.54% up from the average. Vipshop Holdings Ltd – ADR (NYSE:VIPS) has risen 27.19% since October 13, 2016 and is uptrending. It has outperformed by 10.49% the S&P500.

Wall Street await Vipshop Holdings Ltd – ADR (NYSE:VIPS) to release earnings on November, 20. Analysts forecast EPS of $0.10, down exactly $0.02 or 16.67 % from 2014’s $0.12 EPS. The expected VIPS’s profit could reach $59.06 million giving the stock 19.73 P/E in the case that $0.10 earnings per share is reported. After posting $0.13 EPS for the previous quarter, Vipshop Holdings Ltd – ADR’s analysts now forecast -23.08 % negative EPS growth.

Vipshop Holdings Ltd – ADR (NYSE:VIPS) Ratings Coverage

Among 15 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 8 have Buy rating, 3 Sell and 4 Hold. Therefore 53% are positive. Vipshop Holdings Limited had 28 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Monday, August 14. The firm has “Neutral” rating by JP Morgan given on Wednesday, August 31. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) has “Neutral” rating given on Wednesday, May 18 by JP Morgan. The rating was upgraded by Deutsche Bank on Thursday, November 10 to “Buy”. On Wednesday, August 17 the stock rating was downgraded by Deutsche Bank to “Hold”. The rating was downgraded by Credit Suisse to “Neutral” on Friday, February 26. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) earned “Equal-Weight” rating by Morgan Stanley on Monday, November 16. Nomura maintained the shares of VIPS in report on Wednesday, August 17 with “Buy” rating. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) earned “Underperform” rating by Bernstein on Wednesday, January 11. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) has “Hold” rating given on Thursday, August 17 by Daiwa Securities.

Another recent and important Vipshop Holdings Ltd – ADR (NYSE:VIPS) news was published by Fool.com which published an article titled: “Why NetApp, Briggs & Stratton, and Vipshop Holdings Slumped Today” on August 17, 2017.

Vipshop Holdings Limited is a holding company. The company has market cap of $4.66 billion. The Firm is an online discount retailer for brands in China. It has a 16.34 P/E ratio. The Firm offers branded products to clients in China through flash sales mainly on its vip.com Website.

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