Baozun (BZUN) Shares Gap Up to $48.16

Shares of Baozun Inc (NASDAQ:BZUN) gapped up prior to trading on Thursday . The stock had previously closed at $46.48, but opened at $48.16. Baozun shares last traded at $49.68, with a volume of 3560500 shares trading hands.

BZUN has been the topic of a number of analyst reports. BidaskClub cut Baozun from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 27th. ValuEngine upgraded Baozun from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. TheStreet upgraded Baozun from a “c” rating to a “b-” rating in a research note on Monday, May 21st. Finally, Zacks Investment Research cut Baozun from a “buy” rating to a “sell” rating in a research note on Wednesday, July 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Baozun has an average rating of “Hold” and a consensus price target of $42.68.

The company has a quick ratio of 2.09, a current ratio of 2.48 and a debt-to-equity ratio of 0.03. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 90.33 and a beta of 3.87.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Tuesday, August 14th. The technology company reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.87. Baozun had a return on equity of 12.23% and a net margin of 5.00%. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the firm earned $0.73 earnings per share. Baozun’s quarterly revenue was up 30.5% on a year-over-year basis. research analysts forecast that Baozun Inc will post 0.97 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of BZUN. Mount Yale Investment Advisors LLC acquired a new stake in shares of Baozun during the first quarter worth about $110,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Baozun during the second quarter worth about $172,000. FundX Investment Group LLC acquired a new stake in shares of Baozun during the second quarter worth about $209,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Baozun by 2,531.6% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,000 shares of the technology company’s stock worth $183,000 after purchasing an additional 3,848 shares in the last quarter. Finally, Truewealth LLC increased its position in shares of Baozun by 85.9% during the first quarter. Truewealth LLC now owns 4,339 shares of the technology company’s stock worth $199,000 after purchasing an additional 2,005 shares in the last quarter. Institutional investors own 46.12% 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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