Baozun Inc (NASDAQ:BZUN) gapped up before the market opened on Thursday . The stock had previously closed at $32.35, but opened at $32.49. Baozun shares last traded at $32.71, with a volume of 2238609 shares trading hands.

Several brokerages have recently commented on BZUN. BidaskClub downgraded Baozun from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st. Zacks Investment Research raised Baozun from a “sell” rating to a “hold” rating in a report on Tuesday, October 16th. Finally, ValuEngine downgraded Baozun from a “buy” rating to a “hold” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Baozun presently has an average rating of “Hold” and an average price target of $48.47.

The company has a market capitalization of $1.77 billion, a PE ratio of 59.07 and a beta of 3.62. The company has a quick ratio of 1.76, a current ratio of 2.12 and a debt-to-equity ratio of 0.03.

Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Tuesday, August 14th. The technology company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.87. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.07 billion. Baozun had a return on equity of 12.12% and a net margin of 4.85%. The business’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 EPS. As a group, sell-side analysts anticipate that Baozun Inc will post 0.9 EPS for the current year.

Institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in Baozun in the 2nd quarter worth about $172,000. FundX Investment Group LLC purchased a new stake in Baozun in the 2nd quarter worth about $209,000. Virginia Retirement Systems ET AL purchased a new stake in Baozun in the 2nd quarter worth about $263,000. Dai Ichi Life Insurance Company Ltd purchased a new stake in Baozun in the 2nd quarter worth about $271,000. Finally, Adviser Investments LLC purchased a new stake in Baozun in the 2nd quarter worth about $274,000. 47.94% of the stock is owned by hedge funds and other institutional investors.

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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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