Is It Right Time to Be Bullish on Vipshop Holdings Limited (VIPS), GameStop Corp. (GME)?

    The shares of Vipshop Holdings Limited (NYSE:VIPS) has been pegged with a rating of Hold by Jefferies in its latest research note that was published on August 5th, 2019. Jefferies wasn’t the only research firm that published a report of Vipshop Holdings Limited, with other equities research analysts also giving their opinion on the stock. Credit Suisse advised investors in its research note published on July 17th, 2019, to Neutral the VIPS stock. The stock had earned Neutral rating from Citigroup when it published its report on May 28th, 2019. The stock was given Buy rating by CLSA in its report released on May 23rd, 2019. JP Morgan was of a view that VIPS is Overweight in its latest report on April 30th, 2019. UBS thinks that VIPS is worth Sell rating. This was contained in the firm’s report on April 22nd, 2019.

    Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 11 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $8.42. The price of the stock the last time has raised by 56.79% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 32.65.

    The shares of the company added by 1.35% during the trading session on Thursday, reaching a low of $6.65 while ending the day at $6.75. During the trading session, a total of 5.16 million shares were traded which represents a 17.6% incline from the average session volume which is 6.26M shares. VIPS had ended its last session trading at 6.66. Vipshop Holdings Limited currently has a market cap of $4.56B, while its P/E ratio stands at 13.34, while its P/E earnings growth sits at 0.37, with a beta of 2.00. Vipshop Holdings Limited debt-to-equity ratio currently stands at 0.05, while its quick ratio hovers at 0.80. VIPS 52-week low price stands at $4.30 while its 52-week high price is $9.26.

    The company in its last quarterly report recorded $1.19 earnings per share which is above the $1.05 predicted by most analysts. The Vipshop Holdings Limited generated $21,318.60 million in revenue during the last quarter, which is slightly higher than the $20,505.20 million predicted by analysts. In the second quarter last year, the firm recorded $1.33 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -11.76%. Vipshop Holdings Limited has the potential to record 0.51 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at The Benchmark Company published a research note on June 5th, 2019 where it informed investors and clients that GameStop Corp. (NYSE:GME) is now rated as Sell. Their price target on the stock stands at $5. Credit Suisse also rated GME as Resumed on July 17th, 2019, with its price target of $121 suggesting that GME could surge by 40.61% from its current share price. Even though the stock has been trading at $3.81/share, analysts expect it to surge higher by 2.10% to reach $6.55/share. It started the day trading at $3.91 and traded between $3.77 and $3.89 throughout the trading session.

    A look at its technical shows that GME’s 50-day SMA is 5.08 while its 200-day SMA stands at 10.16. At the moment, only of GameStop Corp. shares were sold short. The company’s average trading volume currently stands at 6.32M shares, which means that the short-interest ratio is just 10.58 days. Over the past seven days, the company moved, with its shift of 1.30%. Looking further, the stock has dropped -54.34% over the past 90 days while it lost -66.09% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co bought more GME shares, increasing its portfolio by +0.62% during the last quarter. This move now sees Fidelity Management Research Co purchasing 93,245 shares in the last quarter, thus it now holds 15,119,231 shares of GME, with a total valuation of $82,702,194. BlackRock Fund Advisors meanwhile bought more GME shares in the recently filed quarter, changing its stake to $77,778,636 worth of shares. The Vanguard Group Inc followed the path by increasing its GME portfolio by +2.32% in the quarter. This means that The Vanguard Group Inc bought 237,990 shares in the last quarter and now controls 10,501,268 shares of the GME stock, with the valuation hitting $57,441,936.

    Similarly, SSgA Funds Management Inc decreased its GameStop Corp. shares by -0.30% during the recently filed quarter. After selling -10,692 shares in the last quarter, the firm now controls 3,530,007 shares of GameStop Corp. which are valued at $19,309,138. In the same vein, Mellon Investments Corp increased its GameStop Corp. shares by during the most recent reported quarter. The firm bought 427,103 shares during the quarter which increased its stakes to 2,941,959 shares and is now valued at $16,092,516. Following these latest developments, around 2.50% of GameStop Corp. stocks are owned by institutional investors and hedge funds.