Notable Reporting: Will Vipshop Holdings Ltd – ADR Short Squeeze Soon?

Notable Reporting: Will Vipshop Holdings Ltd   ADR Short Squeeze Soon?

The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) is a huge mover today! About 5.12M shares traded hands. Vipshop Holdings Ltd – ADR (NYSE:VIPS) has risen 32.89% since March 8, 2016 and is uptrending. It has outperformed by 23.57% the S&P500.
The move comes after 6 months negative chart setup for the $9.04 billion company. It was reported on Oct, 11 by Barchart.com. We have $13.60 PT which if reached, will make NYSE:VIPS worth $723.20 million less.

Analysts await Vipshop Holdings Ltd – ADR (NYSE:VIPS) to report earnings on November, 15. They expect $0.12 earnings per share, up 20.00% or $0.02 from last year’s $0.1 per share. VIPS’s profit will be $73.40M for 30.79 P/E if the $0.12 EPS becomes a reality. After $0.13 actual earnings per share reported by Vipshop Holdings Ltd – ADR for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.

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

Out of 11 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 7 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 64% are positive. Vipshop Holdings Limited has been the topic of 18 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) earned “Buy” rating by Nomura on Wednesday, August 17. The stock of Vipshop Holdings Ltd – ADR (NYSE:VIPS) has “Neutral” rating given on Monday, November 16 by Bank of America. JP Morgan downgraded it to “Neutral” rating and $11 target price in Wednesday, May 18 report. The firm earned “Underweight” rating on Thursday, December 17 by Morgan Stanley. The firm has “Buy” rating by Credit Agricole given on Thursday, January 7. Credit Agricole downgraded the shares of VIPS in a report on Monday, November 16 to “Underperform” rating. On Monday, November 16 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm has “Hold” rating given on Wednesday, August 17 by Deutsche Bank. The firm earned “Neutral” rating on Wednesday, August 31 by JP Morgan. Credit Suisse downgraded the stock to “Neutral” rating in Friday, February 26 report.

According to Zacks Investment Research, “Vipshop Holdings Ltd. is an online discount retailer for brands. The Company offers branded products to consumers in China through flash sales on its vipshop.com website. It offers a wide selection of various famous branded discount products including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products, through its website. Vipshop Holdings Ltd. is headquartered in Guangzhou.”

More news for Vipshop Holdings Ltd – ADR (NYSE:VIPS) were recently published by: Marketwatch.com, which released: “Vipshop Holdings stock price target cut to $18 from $21” on March 29, 2012. Fool.com‘s article titled: “Why Vipshop Holdings Ltd – ADR Stock Plunged Today” and published on November 13, 2015 is yet another important article.

VIPS Company Profile

Vipshop Holdings Limited, incorporated on August 27, 2010, is a holding company. The Firm is an online discount retailer for brands in China. The Firm offers branded products to clients in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms. The Firm conducts its business through its subsidiaries and consolidated affiliated entities in China. Through its flash sales model, the Company sells limited quantities of discounted branded products online for limited periods of time. The Firm offers diversified product offerings from over 17,000 domestic and international brands, including apparel for women, men and children, fashion goods, cosmetics, home goods and other lifestyle products. The Firm offers a range of services and products for clients through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.

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