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Wednesday, September 30, 2020

The Rejuvenation of Vipshop Holdings Limited (NYSE:VIPS)

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The Vipshop Holdings Limited (VIPS) shares are trading at higher $22.94 and the avg recommendation for the stock is Strong Buy. while the current analyst price target stands at $20.72.

To add more color to this target, the company’s high over the last year is $24.01 and the low is $6.17. Over the last 52 weeks, VIPS is down -4.48% while the S&P 500 is up 1.39%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, VIPS reported a profit of $510.83 million. Vipshop Holdings Limited also saw revenues increase to $2.65 billion. In addition, VIPS has free cash flow of $0.0 as of 03-2020. The company’s EBITDA came in at $110.47 million which compares well with its peers.

VIPS booked profit margins of 4.20%, its Return on Equity (ROE) is 18.20%, and its Return on Assets is 8.80%. All told, it is clear that, VIPS needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. VIPS has a short ratio of 3.75 and outstanding shares of 671.64M.

Company Outlook

VIPS has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 4.51 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.81. Vipshop Holdings Limited VIPS also noted assets of $6.22 billion at the end of the last quarter. Investors should also keep an eye on sector updates as VIPS has historically followed its peers on positive news.

All told, Vipshop Holdings Limited VIPS has strung together solid data and demonstrated underlying fundamentals. At its current valuation, VIPS represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Vipshop Holdings Limited VIPS is now commanding a market cap of 15.95B and a float of 538.83M. VIPS is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of VIPS stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in VIPS, either long or short, and we have not been compensated for this article.

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