Vipshop Holdings Limited [NYSE: VIPS] loss -1.19% on the last trading session, reaching $29.78 price per share at the time. The company report on March 30, 2021 that Vipshop Announces US$500 Million Share Repurchase Program.
Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China (“Vipshop” or the “Company”), announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$500 million of its Class A ordinary shares over the 24-month period upon the establishment of share repurchase program. The Company plans to adopt and implement such share repurchase program in accordance with applicable rules and requirements under the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy.
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The Company’s proposed repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The timing and dollar amount of repurchase transactions will be subject to the Securities and Exchange Commission Rule 10b-18 and/or Rule 10b5-1 requirements. The Company’s board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company expects to fund the repurchases out of its existing cash balance.
Vipshop Holdings Limited represents 669.77 million in outstanding shares, while the company has a total market value of $20.02 billion with the latest information. VIPS stock price has been found in the range of $28.55 to $30.49.
If compared to the average trading volume of 13.66M shares, VIPS reached a trading volume of 17045522 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Vipshop Holdings Limited [VIPS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VIPS shares is $40.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VIPS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Vipshop Holdings Limited shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on February 02, 2021. The new note on the price target was released on January 26, 2021, representing the official price target for Vipshop Holdings Limited stock. Previously, the target price had yet another raise from $21 to $24, while CLSA kept a Underperform rating on VIPS stock.
The Average True Range (ATR) for Vipshop Holdings Limited is set at 3.04, with the Price to Sales ratio for VIPS stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 4.59, with the Price to Cash per share for the same quarter was set at 4.39.
Trading performance analysis for VIPS stock
Vipshop Holdings Limited [VIPS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.52. With this latest performance, VIPS shares dropped by -25.14% in over the last four-week period, additionally plugging by 87.89% over the last 6 months – not to mention a rise of 98.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VIPS stock in for the last two-week period is set at 33.02, with the RSI for the last a single of trading hit 28.16, and the three-weeks RSI is set at 37.61 for Vipshop Holdings Limited [VIPS]. The present Moving Average for the last 50 days of trading for this stock 35.72, while it was recorded at 29.84 for the last single week of trading, and 25.10 for the last 200 days.
Vipshop Holdings Limited [VIPS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Vipshop Holdings Limited [VIPS] shares currently have an operating margin of +5.06 and a Gross Margin at +20.93. Vipshop Holdings Limited’s Net Margin is presently recorded at +5.82.
Return on Total Capital for VIPS is now 17.53, given the latest momentum, and Return on Invested Capital for the company is 21.73. Return on Equity for this stock inclined to 22.94, with Return on Assets sitting at 10.75. When it comes to the capital structure of this company, Vipshop Holdings Limited [VIPS] has a Total Debt to Total Equity ratio set at 9.49. Additionally, VIPS Total Debt to Total Capital is recorded at 8.67, with Total Debt to Total Assets ending up at 4.59. Long-Term Debt to Equity for the company is recorded at 4.78, with the Long-Term Debt to Total Capital now at 4.36.
Receivables Turnover for the company is 86.00 with a Total Asset Turnover recorded at a value of 1.85.Vipshop Holdings Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.20.
Vipshop Holdings Limited [VIPS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Vipshop Holdings Limited posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.11/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 90.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VIPS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vipshop Holdings Limited go to 2.94%.
An analysis of insider ownership at Vipshop Holdings Limited [VIPS]
There are presently around $10,033 million, or 61.50% of VIPS stock, in the hands of institutional investors. The top three institutional holders of VIPS stocks are: MORGAN STANLEY with ownership of 44,555,708, which is approximately 7.349% of the company’s market cap and around 7.94% of the total institutional ownership; BLACKROCK INC., holding 20,644,463 shares of the stock with an approximate value of $622.22 million in VIPS stocks shares; and CREDIT SUISSE AG/, currently with $573.32 million in VIPS stock with ownership of nearly 68.134% of the company’s market capitalization.
Positions in Vipshop Holdings Limited stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 159 institutional holders increased their position in Vipshop Holdings Limited [NYSE:VIPS] by around 56,909,439 shares. Additionally, 160 investors decreased positions by around 61,870,596 shares, while 33 investors held positions by with 218,138,923 shares. The mentioned changes placed institutional holdings at 336,918,958 shares, according to the latest SEC report filing. VIPS stock had 60 new institutional investments in for a total of 7,700,263 shares, while 47 institutional investors sold positions of 8,981,171 shares during the same period.