Vipshop Holdings Ltd. (NYSE: VIPS) is an online discount retailer for various brands in China. It came public in March at $6.50, and its post-IPO trading range is $4.12 to $18.00. At $17.90 this one is up about 175%, and its market cap is about $905 million. We would note that the consensus price target is only $13.90 on this one.
Proto Labs Inc. (NYSE: PRLB) makes prototypes of items for companies and individuals seeking to get a model product made. This streamlines a very complicated process for inventors, small companies and more, compared with what was always a difficult barrier to entry before. This one came public in February at $16.00, and its post-IPO range has been $24.93 to $41.10. At $37.40 this one is up more than 130%, and its market cap is $912 million. Analysts have a price target objective of just over $40.
Guidewire Software Inc. (NYSE: GWRE) provides system software for the property and casualty insurance market. It came public in January at $13.00, and its post-IPO range is $16.45 to $38.13. With shares at $30.01, it is up 130% so far and has a market cap of about $1.66 billion. Analysts have a price target of $35.50 here.
Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) aims to treat chronic liver diseases, but its focus is on the development stage. Its IPO came in October at $15.00 per share, and its trading range has been $17.96 to $35.99. At $33.93, its shares are up 126%, and its market cap is $560 million.
Nationstar Mortgage Holdings Inc. (NYSE: NSM) may have the old ticker for National Semiconductor, but this is a servicer of residential mortgage loans. It came public in March at $14.00 per share, and it has a post-IPO trading range of $13.00 to $37.20. Its shares are at $30.94, and the market cap is now $2.76 billion. Note that analysts have a consensus price target of only $23.14 here.
There have been many other great winners in 2012. This was just the top five. Stay tuned for the worst IPO list of 2012 as well.
JON C. OGG