Baozun (BZUN) Upgraded by ValuEngine to Buy

Baozun (NASDAQ:BZUN) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.

Other research analysts also recently issued reports about the stock. BidaskClub upgraded shares of Baozun from a “sell” rating to a “hold” rating in a research report on Thursday, August 23rd. Zacks Investment Research upgraded shares of Baozun from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $48.47.

Baozun stock opened at $32.57 on Friday. 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 has a 1 year low of $26.77 and a 1 year high of $67.41. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 59.22 and a beta of 3.62.

Baozun (NASDAQ:BZUN) last released its earnings results on Wednesday, November 21st. The technology company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). Baozun had a net margin of 4.80% and a return on equity of 12.09%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the company posted $0.64 earnings per share. The business’s revenue for the quarter was up 24.8% on a year-over-year basis. On average, analysts forecast that Baozun will post 0.9 earnings per share for the current year.

Several large investors have recently made changes to their positions in BZUN. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $172,000. FundX Investment Group LLC acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $209,000. Virginia Retirement Systems ET AL acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $263,000. LPL Financial LLC acquired a new stake in shares of Baozun in the 1st quarter valued at approximately $270,000. Finally, Dai Ichi Life Insurance Company Ltd acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $271,000. Institutional investors and hedge funds own 53.41% of the company’s stock.

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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