Baozun Inc (NASDAQ:BZUN)’s share price was up 12.8% during trading on Thursday . The stock traded as high as $45.41 and last traded at $44.92. Approximately 2,517,275 shares were traded during trading, an increase of 13% from the average daily volume of 2,219,437 shares. The stock had previously closed at $39.81.
Several equities analysts have recently commented on BZUN shares. Zacks Investment Research upgraded Baozun from a “sell” rating to a “hold” rating in a research report on Saturday, July 14th. BidaskClub lowered Baozun from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $48.47.
The company has a debt-to-equity ratio of 0.03, a current ratio of 2.12 and a quick ratio of 1.76. The stock has a market cap of $2.51 billion, a P/E ratio of 82.33 and a beta of 3.62.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Tuesday, August 14th. The technology company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.09 by $0.87. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.07 billion. Baozun had a return on equity of 12.12% and a net margin of 4.85%. The company’s revenue was up 30.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 EPS. As a group, equities analysts expect that Baozun Inc will post 0.9 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. bought a new position in Baozun during the 2nd quarter worth approximately $172,000. FundX Investment Group LLC bought a new position in Baozun during the 2nd quarter worth approximately $209,000. Ladenburg Thalmann Financial Services Inc. grew its position in Baozun by 2,531.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,000 shares of the technology company’s stock worth $183,000 after acquiring an additional 3,848 shares during the last quarter. Virginia Retirement Systems ET AL bought a new position in Baozun during the 2nd quarter worth approximately $263,000. Finally, Dai Ichi Life Insurance Company Ltd bought a new position in Baozun during the 2nd quarter worth approximately $271,000. Institutional investors and hedge funds own 48.97% of the company’s stock.
Baozun Company Profile (NASDAQ:BZUN)
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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