Several other equities research analysts have also recently commented on the company. Credit Suisse Group reaffirmed an outperform rating on shares of Baozun in a report on Wednesday, July 17th. Macquarie initiated coverage on Baozun in a research note on Friday, July 5th. They set a buy rating and a $60.00 target price for the company. CLSA set a $64.00 target price on Baozun and gave the stock a buy rating in a research note on Friday, July 12th. Jefferies Financial Group initiated coverage on Baozun in a research note on Monday, August 5th. They set a buy rating and a $59.20 target price for the company. Finally, Bank of America cut their target price on Baozun from $53.00 to $49.00 and set a buy rating for the company in a research note on Monday, August 26th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. Baozun has an average rating of Hold and an average price target of $54.24.
BZUN stock traded up $1.45 during mid-day trading on Wednesday, reaching $45.02. 1,429,151 shares of the company’s stock were exchanged, compared to its average volume of 1,087,950. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 68.21 and a beta of 3.21. The stock’s 50 day moving average is $44.77 and its 200 day moving average is $44.99. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.94 and a quick ratio of 2.55. Baozun has a 12-month low of $27.81 and a 12-month high of $56.47.
Baozun (NASDAQ:BZUN) last released its earnings results on Wednesday, August 21st. The technology company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($1.21). Baozun had a net margin of 5.05% and a return on equity of 14.50%. The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the business earned $0.96 EPS. The business’s revenue was up 47.0% compared to the same quarter last year. On average, research analysts forecast that Baozun will post 1.04 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. Canada Pension Plan Investment Board boosted its holdings in Baozun by 4,736.4% in the second quarter. Canada Pension Plan Investment Board now owns 532 shares of the technology company’s stock valued at $27,000 after purchasing an additional 521 shares during the period. SevenBridge Financial Group LLC purchased a new stake in Baozun during the 2nd quarter worth about $72,000. AdvisorNet Financial Inc purchased a new stake in Baozun during the 2nd quarter worth about $78,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in Baozun during the 2nd quarter worth about $79,000. Finally, Korea Investment CORP lifted its holdings in Baozun by 325.0% during the 2nd quarter. Korea Investment CORP now owns 1,700 shares of the technology company’s stock worth $85,000 after buying an additional 1,300 shares during the last quarter. Hedge funds and other institutional investors own 66.76% of the company’s stock.
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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