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Shares of Baozun Inc. (NASDAQ:BZUN – Get Rating) have earned a consensus rating of “Hold” from the nine rating agencies that currently cover the company, Marketbeat reports. One equity research analyst rated the stock with a sell recommendation, five gave the company a hold recommendation and one gave the company a buy recommendation. The 12-month average target price among brokers who have reported on the stock in the past year is $12.05.
Several research companies have recently weighed in on BZUN. JPMorgan Chase & Co. downgraded Baozun from an “overweight” rating to an “underweight” rating and set a price target of $5.00 for the stock. in a report on Monday, March 14. StockNews.com began covering Baozun shares in a research report on Thursday, March 31. They issued a “holding” rating for the company. Zacks Investment Research upgraded Baozun shares from a “sell” rating to a “hold” rating in a Monday, May 2 report. Jefferies Financial Group cut its price target on Baozun shares from $13.90 to $12.00 in a Thursday, April 14 research note. Finally, Credit Suisse Group upgraded Baozun from an “underperforming” rating to a “neutral” rating and set a target price of $8.30 for the company in a Friday, March 11 research report.
The NASDAQ BZUN opened at $7.64 on Friday. The company’s fifty-day moving average price is $7.74 and its two-hundred-day moving average price is $11.77. The stock has a market capitalization of $531.74 million, a PE ratio of -15.92, a PEG ratio of 0.35 and a beta of 1.14. Baozun has a fifty-two week low of $5.41 and a fifty-two week high of $38.15.
Baozun (NASDAQ:BZUN – Get Rating) last released its quarterly earnings data on Thursday, March 10. The technology company reported ($0.02) earnings per share for the quarter, missing analyst consensus estimates of $0.01 per ($0.03). Baozun had a negative return on equity of 3.85% and a negative net margin of 2.34%. The company posted revenue of $3.17 billion for the quarter, versus a consensus estimate of $3.18 billion. In the same quarter of the previous year, the company achieved EPS of $0.49. The company’s revenue was down 5.2% year-over-year. As a group, analysts expect Baozun to post EPS of 0.45 for the current year.
A number of hedge funds have recently increased or reduced their holdings in the stock. Renaissance Technologies LLC purchased a new stake in Baozun during the first quarter at a value of $2,226,000. The Canada Pension Plan Investment Board increased its stake in Baozun shares by 30.4% in Q1. The Canada Pension Plan Investment Board now owns 246,300 shares of the tech company valued at $2,113,000 after buying an additional 57,360 shares during the period. Krane Funds Advisors LLC increased its position in Baozun shares by 2.4% in Q1. Krane Funds Advisors LLC now owns 1,369,837 shares of the technology company valued at $11,753,000 after buying 31,626 additional shares last quarter. JPMorgan Chase & Co. increased its stake in Baozun by 1,700.4% in the first quarter. JPMorgan Chase & Co. now owns 159,534 shares of the technology company worth $1,368,000 after purchasing an additional 150,673 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in Baozun in the first quarter worth approximately $137,000. Institutional investors and hedge funds own 45.15% of the company’s shares.
About Baozun (Get an evaluation)
Baozun Inc provides e-commerce solutions to partner brands in the People’s Republic of China. The Company’s integrated end-to-end branded e-commerce capabilities span various aspects of the e-commerce value chain, including IT solutions, online store operations, digital marketing, customer services, warehousing and fulfillment.
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