A number of other equities analysts have also commented on the stock. Jefferies Financial Group started coverage on shares of Baozun in a research report on Monday, August 5th. They issued a buy rating and a $59.20 price target on the stock. Macquarie started coverage on shares of Baozun in a research report on Friday, July 5th. They issued a buy rating and a $60.00 price target on the stock. Credit Suisse Group restated an outperform rating on shares of Baozun in a research report on Wednesday, July 17th. CLSA set a $64.00 price target on shares of Baozun and gave the company a buy rating in a research report on Friday, July 12th. Finally, ValuEngine lowered shares of Baozun from a buy rating to a hold rating in a research report on Tuesday, August 20th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $54.24.
NASDAQ:BZUN opened at $46.84 on Wednesday. The firm has a market cap of $2.91 billion, a PE ratio of 70.97 and a beta of 3.24. Baozun has a 12 month low of $27.81 and a 12 month high of $56.47. The company has a quick ratio of 2.55, a current ratio of 2.94 and a debt-to-equity ratio of 0.90. The company’s 50-day moving average price is $45.49 and its two-hundred day moving average price is $44.26.
Baozun (NASDAQ:BZUN) last released its quarterly earnings results on Wednesday, August 21st. The technology company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($1.21). The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.58 billion. Baozun had a net margin of 5.05% and a return on equity of 14.50%. Baozun’s quarterly revenue was up 47.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. On average, research analysts expect that Baozun will post 1.04 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently made changes to their positions in BZUN. Invesco Ltd. raised its stake in shares of Baozun by 1,808.7% in the second quarter. Invesco Ltd. now owns 3,431,600 shares of the technology company’s stock worth $171,099,000 after acquiring an additional 3,251,811 shares during the last quarter. Green Court Capital Management Ltd bought a new position in shares of Baozun in the second quarter worth about $93,711,000. RWC Asset Advisors US LLC raised its stake in shares of Baozun by 102.1% in the second quarter. RWC Asset Advisors US LLC now owns 2,151,660 shares of the technology company’s stock worth $107,282,000 after acquiring an additional 1,086,802 shares during the last quarter. Fosun International Ltd bought a new position in shares of Baozun in the first quarter worth about $20,313,000. Finally, Indus Capital Partners LLC raised its stake in shares of Baozun by 131.1% in the second quarter. Indus Capital Partners LLC now owns 563,038 shares of the technology company’s stock worth $28,073,000 after acquiring an additional 319,396 shares during the last quarter. 66.76% of the stock is owned by institutional investors.
Baozun Company Profile
Baozun Inc provides brand e-commerce service to brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, sale of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing, and order fulfillment.
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