Baozun (BZUN) Shares Gap Down to $41.25

Baozun Inc (NASDAQ:BZUN) gapped down before the market opened on Monday . The stock had previously closed at $42.50, but opened at $41.25. Baozun shares last traded at $39.53, with a volume of 2390720 shares traded.

Several brokerages have recently commented on BZUN. BidaskClub lowered Baozun from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 26th. Zacks Investment Research raised Baozun from a “sell” rating to a “hold” rating in a research note on Saturday, July 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Baozun presently has an average rating of “Hold” and an average target price of $48.47.

The company has a quick ratio of 1.76, a current ratio of 2.12 and a debt-to-equity ratio of 0.03. The company has a market cap of $2.69 billion, a PE ratio of 70.20 and a beta of 3.73.

Baozun (NASDAQ:BZUN) last posted its earnings results on Tuesday, August 14th. The technology company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.07 billion. During the same quarter in the prior year, the company earned $0.73 EPS. Baozun’s revenue was up 30.5% on a year-over-year basis. As a group, analysts predict that Baozun Inc will post 0.9 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of BZUN. Prudential Financial Inc. purchased a new stake in Baozun in the 1st quarter valued at approximately $537,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Baozun in the 1st quarter valued at approximately $357,000. Northern Trust Corp raised its holdings in Baozun by 10.0% in the 1st quarter. Northern Trust Corp now owns 29,166 shares of the technology company’s stock valued at $1,338,000 after acquiring an additional 2,663 shares during the last quarter. BlackRock Inc. raised its holdings in Baozun by 9.6% in the 1st quarter. BlackRock Inc. now owns 427,361 shares of the technology company’s stock valued at $19,607,000 after acquiring an additional 37,415 shares during the last quarter. Finally, New York State Common Retirement Fund acquired a new position in Baozun in the 1st quarter valued at $266,000. 49.34% of the stock is currently owned by hedge funds and other institutional investors.

About Baozun (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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