In the latest trading session, 1.33 million Vipshop Holdings Ltd ADR (NYSE:VIPS) shares changed hands as the company’s beta touched 0.41. With the company’s most recent per share price at $16.32 changing hands around $0.21 or 1.30% at last look, the market valuation stands at $7.58B. VIPS’s current price is a discount, trading about -23.71% off its 52-week high of $20.19. The share price had its 52-week low at $13.80, which suggests the last value was 15.44% up since then. When we look at Vipshop Holdings Ltd ADR’s average trading volume, we note the 10-day average is 3.94 million shares, with the 3-month average coming to 3.55 million.
Vipshop Holdings Ltd ADR (NYSE:VIPS) trade information
Instantly VIPS is in green as seen in intraday trades today. With action -8.16%, the performance over the past five days has been red. The jump to weekly highs of 18.08 added 1.30% to the stock’s daily price. The company’s shares are showing year-to-date downside of -8.11%, with the 5-day performance at -8.16% in the red. However, in the 30-day time frame, Vipshop Holdings Ltd ADR (NYSE:VIPS) is -5.88% down. Looking at the short shares, we see there were 7.62 million shares sold at short interest cover period of 2.52 days.
Vipshop Holdings Ltd ADR (VIPS) estimates and forecasts
Data shows that the Vipshop Holdings Ltd ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 9.09% over the past 6 months, a 6.72% in annual growth rate that is considerably lower than the industry average of 44.10%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Vipshop Holdings Ltd ADR will fall -26.50%. Year-over-year growth is forecast to reach 5.50% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of $3.97 billion. 8 analysts are of the opinion that Vipshop Holdings Ltd ADR’s revenue for the quarter ending Jun 2024 will be $4.05 billion. The company’s revenue for the corresponding quarters a year ago was $3.83 billion and $3.81 billion respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.50%. The estimates for the next quarter sales put growth at 6.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.14%. The 2024 estimates are for Vipshop Holdings Ltd ADR earnings to increase by 7.13%, but the outlook for the next 5-year period is at 12.99% per year.
VIPS Dividends
Vipshop Holdings Ltd ADR is expected to release its next quarterly earnings report between May 21 and May 27. The 2.63% annual yield figure for the share gives it an annual dividend of 0.43. It is important to note, however, that the 2.63% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Vipshop Holdings Ltd ADR (NYSE:VIPS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.82% of Vipshop Holdings Ltd ADR shares while 69.67% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.95%. There are 69.67% institutions holding the Vipshop Holdings Ltd ADR stock share, with Blackrock Inc. the top institutional holder. As of Jun 29, 2023, the company held 4.97% of the shares, roughly 23.08 million VIPS shares worth $380.81 million.
Acadian Asset Management. LLC holds the second largest percentage of outstanding shares, with 4.00% or 18.57 million shares worth $306.43 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were KraneShares CSI China Internet ETF and Oakmark International Fund. With 10.64 million shares estimated at $175.5 million under it, the former controlled 2.29% of total outstanding shares. On the other hand, Oakmark International Fund held about 1.47% of the shares, roughly 6.81 million shares worth around $112.44 million.
