In yesterday’s Wall Street session, Baozun Inc. (NASDAQ:BZUN) shares traded at $5.49, down -7.58% from the previous session.
As of this writing, 11 analysts cover Baozun Inc. (NASDAQ:BZUN). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $70.38 and a low of $29.39, we find $60.00. Given the previous closing price of $5.94, this indicates a potential upside of 910.1 percent. BZUN stock price is now -19.55% away from the 50-day moving average and -23.98% away from the 200-day moving average. The market capitalization of the company currently stands at $321.33M.
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There are 3 analysts who have given it a hold rating, whereas 6 have given it a buy rating. Brokers who have rated the stock have averaged $55.70 as their price target over the next twelve months.
With the price target enhanced from $4.40 to $7, CLSA Upgraded its rating from Underperform to Outperform for Baozun Inc. (NASDAQ: BZUN)., while the JP Morgan previously rated the stock as ‘Overweight’ on January 11, 2023.
There have been several recent changes in the stakes of large investors in BZUN stock. A new stake in Baozun Inc. shares was purchased by PINPOINT ASSET MANAGEMENT LTD during the first quarter worth $3,615,000. TWO SIGMA INVESTMENTS, LP invested $2,763,000 in shares of BZUN during the first quarter. In the first quarter, MARSHALL WACE, LLP acquired a new stake in Baozun Inc. valued at approximately $1,720,000. BARCLAYS PLC acquired a new stake in BZUN for approximately $1,589,000. NORGES BANK purchased a new stake in BZUN valued at around $1,144,000 in the second quarter. In total, there are 135 active investors with 45.50% ownership of the company’s stock.
Thursday morning saw Baozun Inc. (NASDAQ: BZUN) opened at $5.77. During the past 12 months, Baozun Inc. has had a low of $3.41 and a high of $12.09. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 2.50, and a quick ratio of 2.20. The fifty day moving average price for BZUN is $6.82 and a two-hundred day moving average price translates $7.22 for the stock.
The latest earnings results from Baozun Inc. (NASDAQ: BZUN) was released for Sep, 2022. According to the Internet Retail Company, earnings per share came in at -$0.03, missing analysts’ expectations of -$0.02 by -0.01. This compares to -$0.62 EPS in the same period last year. The net profit margin was -4.20% and return on equity was -8.20% for BZUN. The company reported revenue of $244.78 million for the quarter, compared to $294.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -16.93 percent. For the current quarter, analysts expect BZUN to generate $393.82M in revenue.
Baozun Inc.(BZUN) Company Profile
Baozun Inc., through its subsidiaries, provides e-commerce solutions to brand partners in the People’s Republic of China. The company offers IT infrastructure setup and integration, online store design and setup, online store operations, visual merchandising and marketing campaigns, customer services, and warehousing and order fulfilment. It serves brand partners in various categories, including apparel and accessories; appliances; electronics; home and furnishings; food and health products; beauty and cosmetics; fast moving consumer goods, and mother and baby products; and automobiles. The company was formerly known as Baozun Cayman Inc. and changed its name to Baozun Inc. in March 2015. Baozun Inc. was founded in 2007 and is headquartered in Shanghai, the People’s Republic of China.
