Baozun (BZUN) Upgraded to “Hold” at BidaskClub

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Baozun (NASDAQ:BZUN) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a report released on Thursday, August 23rd.

A number of other analysts have also recently weighed in on BZUN. TheStreet upgraded Baozun from a “c” rating to a “b-” rating in a research report on Monday, May 21st. Zacks Investment Research upgraded Baozun from a “sell” rating to a “hold” rating in a research report on Saturday, July 14th. Finally, ValuEngine upgraded Baozun from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $48.47.

Shares of NASDAQ:BZUN traded down $1.88 during trading on Thursday, hitting $45.97. The company’s stock had a trading volume of 1,962,146 shares, compared to its average volume of 2,134,703. Baozun has a fifty-two week low of $26.77 and a fifty-two week high of $67.41. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 80.19 and a beta of 3.71. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 2.12.

Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Tuesday, August 14th. The technology company reported $0.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.87. Baozun had a return on equity of 12.12% and a net margin of 4.85%. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the firm posted $0.73 earnings per share. Baozun’s revenue for the quarter was up 30.5% compared to the same quarter last year. equities research analysts predict that Baozun will post 0.9 EPS for the current year.

Hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio boosted its stake in Baozun by 39.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 10,900 shares of the technology company’s stock valued at $596,000 after purchasing an additional 3,100 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Baozun by 190.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,871 shares of the technology company’s stock valued at $376,000 after purchasing an additional 4,505 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in Baozun by 1,350.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 14,500 shares of the technology company’s stock valued at $793,000 after purchasing an additional 13,500 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Baozun by 30.3% during the 2nd quarter. Bank of America Corp DE now owns 655,963 shares of the technology company’s stock worth $35,881,000 after acquiring an additional 152,591 shares in the last quarter. Finally, Peregrine Asset Advisers Inc. bought a new stake in shares of Baozun during the 2nd quarter worth $318,000. 49.24% of the stock is owned by institutional investors and hedge funds.

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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