Baozun (BZUN) Announces Earnings Results

Baozun (NASDAQ:BZUN) issued its quarterly earnings results on Thursday. The technology company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.06), MarketWatch Earnings reports. Baozun had a return on equity of 13.70% and a net margin of 5.10%. The business had revenue of $921.20 million for the quarter, compared to analyst estimates of $884.38 million. During the same period in the prior year, the company posted $0.54 EPS. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year.

Baozun stock traded up $1.14 during mid-day trading on Friday, hitting $54.65. The company had a trading volume of 67,597 shares, compared to its average volume of 2,438,842. The firm has a market capitalization of $2.50 billion, a P/E ratio of 98.42 and a beta of 3.86. Baozun has a 1 year low of $44.68 and a 1 year high of $45.82.

A number of analysts recently weighed in on BZUN shares. Vetr upgraded shares of Baozun from a “hold” rating to a “buy” rating and set a $48.41 target price on the stock in a research note on Tuesday, April 17th. BidaskClub lowered shares of Baozun from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 27th. Bank of America upped their target price on shares of Baozun from $38.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. ValuEngine upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Finally, Zacks Investment Research upgraded shares of Baozun from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 23rd. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Baozun presently has an average rating of “Buy” and an average target price of $42.68.

A number of institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in Baozun by 9,500.7% in the first quarter. Royal Bank of Canada now owns 142,474 shares of the technology company’s stock valued at $6,537,000 after purchasing an additional 140,990 shares during the last quarter. Millennium Management LLC purchased a new position in Baozun in the first quarter valued at approximately $16,883,000. Point72 Asset Management L.P. increased its stake in Baozun by 6.5% in the first quarter. Point72 Asset Management L.P. now owns 111,579 shares of the technology company’s stock valued at $5,119,000 after purchasing an additional 6,858 shares during the last quarter. Guggenheim Capital LLC increased its stake in Baozun by 5.6% in the first quarter. Guggenheim Capital LLC now owns 113,849 shares of the technology company’s stock valued at $5,223,000 after purchasing an additional 6,071 shares during the last quarter. Finally, Kovack Advisors Inc. purchased a new position in Baozun in the first quarter valued at approximately $211,000. Institutional investors own 42.97% of the company’s stock.

About Baozun

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, visual merchandizing and marketing campaigns, store operations, customer services, warehousing, and order fulfillment.

Earnings History for Baozun (NASDAQ:BZUN)

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