Shares of Baozun Inc (NASDAQ:BZUN) gapped down before the market opened on Tuesday . The stock had previously closed at $53.35, but opened at $56.01. Baozun shares last traded at $57.13, with a volume of 67517 shares changing hands.
A number of research firms have weighed in on BZUN. BidaskClub downgraded shares of Baozun from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. TheStreet raised shares of Baozun from a “c” rating to a “b-” rating in a research report on Monday, May 21st. ValuEngine raised shares of Baozun from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Zacks Investment Research raised shares of Baozun from a “hold” rating to a “strong-buy” rating and set a $53.00 target price for the company in a research report on Tuesday, April 17th. Finally, Vetr raised shares of Baozun from a “hold” rating to a “buy” rating and set a $48.41 target price for the company in a research report on Tuesday, April 17th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $42.68.
The stock has a market capitalization of $3.37 billion, a P/E ratio of 103.28 and a beta of 3.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.48.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Thursday, May 17th. The technology company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.06). The company had revenue of $921.20 million for the quarter, compared to analyst estimates of $884.38 million. Baozun had a return on equity of 12.23% and a net margin of 5.00%. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the business earned $0.54 EPS. equities research analysts predict that Baozun Inc will post 1.13 earnings per share for the current year.
Several hedge funds have recently made changes to their positions in BZUN. SG Americas Securities LLC acquired a new stake in shares of Baozun during the 4th quarter worth approximately $108,000. California Public Employees Retirement System lifted its holdings in shares of Baozun by 7.5% in the 4th quarter. California Public Employees Retirement System now owns 58,719 shares of the technology company’s stock worth $1,853,000 after purchasing an additional 4,083 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Baozun in the 4th quarter worth $2,697,000. BlackRock Inc. lifted its holdings in shares of Baozun by 14.6% in the 4th quarter. BlackRock Inc. now owns 389,946 shares of the technology company’s stock worth $12,307,000 after purchasing an additional 49,594 shares in the last quarter. Finally, OppenheimerFunds Inc. lifted its holdings in shares of Baozun by 78.0% in the 4th quarter. OppenheimerFunds Inc. now owns 1,263,970 shares of the technology company’s stock worth $39,891,000 after purchasing an additional 553,950 shares in the last quarter. 47.48% of the stock is owned by institutional investors.
Baozun Company Profile
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, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.
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