Baozun (NASDAQ:BZUN) Shares Gap Down to $35.90

Baozun Inc (NASDAQ:BZUN)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $34.13, but opened at $35.90. Baozun shares last traded at $34.96, with a volume of 211,010 shares changing hands.

BZUN has been the subject of a number of research analyst reports. Bank of America decreased 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. Zacks Investment Research raised Baozun from a “sell” rating to a “hold” rating in a research note on Monday, October 28th. Credit Suisse Group cut Baozun from an “outperform” rating to a “neutral” rating in a research note on Friday. BidaskClub cut Baozun from a “buy” rating to a “hold” rating in a research note on Friday, September 27th. Finally, ValuEngine raised Baozun from a “sell” rating to a “hold” rating in a research note on Thursday. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Baozun presently has a consensus rating of “Buy” and a consensus price target of $54.24.

The company has a debt-to-equity ratio of 0.90, a current ratio of 2.94 and a quick ratio of 2.55. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 53.08 and a beta of 3.20. The business has a 50 day simple moving average of $43.21 and a 200-day simple moving average of $45.11.

Baozun (NASDAQ:BZUN) last issued its quarterly earnings results on Wednesday, August 21st. The technology company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($1.21). The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.58 billion. Baozun had a net margin of 5.05% and a return on equity of 14.50%. The business’s revenue for the quarter was up 47.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. As a group, equities analysts predict that Baozun Inc will post 1.04 earnings per share for the current year.

Several institutional investors have recently modified their holdings of the company. Invesco Ltd. lifted its holdings 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 valued at $171,099,000 after purchasing an additional 3,251,811 shares in the last quarter. RWC Asset Advisors US LLC lifted its holdings 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 valued at $107,282,000 after purchasing an additional 1,086,802 shares in the last quarter. Green Court Capital Management Ltd bought a new stake in shares of Baozun in the second quarter valued at about $93,711,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Baozun by 0.8% in the second quarter. Price T Rowe Associates Inc. MD now owns 1,462,704 shares of the technology company’s stock valued at $72,930,000 after purchasing an additional 12,100 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Baozun by 2.6% in the second quarter. Van ECK Associates Corp now owns 1,452,930 shares of the technology company’s stock valued at $72,443,000 after purchasing an additional 36,400 shares in the last quarter. Institutional investors own 64.68% of the company’s stock.

About Baozun (NASDAQ:BZUN)

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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