Baozun (BZUN) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Baozun (NASDAQ:BZUN) announced its earnings results on Wednesday. The technology company reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.03), Morningstar.com reports. Baozun had a net margin of 4.80% and a return on equity of 12.09%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the company earned $0.64 earnings per share. The business’s revenue was up 24.8% on a year-over-year basis. Baozun updated its Q4 2018 guidance to EPS.

Shares of BZUN stock opened at $32.44 on Friday. Baozun has a one year low of $26.77 and a one year high of $67.41. The company has a market capitalization of $1.80 billion, a P/E ratio of 58.98 and a beta of 3.62. The company has a current ratio of 2.12, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03.

Several analysts recently commented on BZUN shares. BidaskClub cut Baozun from a “hold” rating to a “sell” rating in a report on Thursday, November 15th. Zacks Investment Research upgraded Baozun from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th. Finally, ValuEngine cut Baozun from a “buy” rating to a “hold” rating in a report on Monday, November 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $48.47.

A number of hedge funds have recently made changes to their positions in BZUN. Franklin Resources Inc. boosted its holdings in shares of Baozun by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 2,697,231 shares of the technology company’s stock worth $131,032,000 after buying an additional 95,000 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Baozun by 177.9% during the 3rd quarter. BlackRock Inc. now owns 1,636,681 shares of the technology company’s stock worth $79,511,000 after buying an additional 1,047,776 shares in the last quarter. OppenheimerFunds Inc. boosted its holdings in shares of Baozun by 3.2% during the 2nd quarter. OppenheimerFunds Inc. now owns 1,401,330 shares of the technology company’s stock worth $76,653,000 after buying an additional 42,880 shares in the last quarter. FMR LLC boosted its holdings in shares of Baozun by 30.0% during the 3rd quarter. FMR LLC now owns 938,109 shares of the technology company’s stock worth $45,573,000 after buying an additional 216,723 shares in the last quarter. Finally, Baillie Gifford & Co. boosted its holdings in shares of Baozun by 27.7% during the 3rd quarter. Baillie Gifford & Co. now owns 933,053 shares of the technology company’s stock worth $45,328,000 after buying an additional 202,443 shares in the last quarter. Institutional investors and hedge funds own 53.41% of the company’s stock.

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About Baozun

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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Earnings History for Baozun (NASDAQ:BZUN)

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