BidaskClub Downgrades Baozun (BZUN) to Strong Sell

Baozun (NASDAQ:BZUN) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday.

Separately, Zacks Investment Research upgraded Baozun from a “sell” rating to a “hold” rating in a research report on Saturday, July 14th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Baozun presently has an average rating of “Hold” and a consensus target price of $48.47.

Shares of NASDAQ BZUN opened at $40.18 on Thursday. The company has a current ratio of 2.12, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. Baozun has a 52 week low of $26.77 and a 52 week high of $67.41. The firm has a market capitalization of $2.69 billion, a P/E ratio of 73.05 and a beta of 3.73.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. New Silk Road Investment PTE Ltd. bought a new position in shares of Baozun in the third quarter worth $4,450,000. Manning & Napier Group LLC bought a new position in shares of Baozun in the third quarter worth $6,688,000. Copper Rock Capital Partners LLC increased its position in shares of Baozun by 18.0% in the third quarter. Copper Rock Capital Partners LLC now owns 111,309 shares of the technology company’s stock worth $5,292,000 after purchasing an additional 16,965 shares during the period. Northern Trust Corp increased its position in shares of Baozun by 265.3% in the second quarter. Northern Trust Corp now owns 106,550 shares of the technology company’s stock worth $5,828,000 after purchasing an additional 77,384 shares during the period. Finally, Public Employees Retirement System of Ohio increased its position in shares of Baozun by 39.7% in the second quarter. Public Employees Retirement System of Ohio now owns 10,900 shares of the technology company’s stock worth $596,000 after purchasing an additional 3,100 shares during the period. Institutional investors own 49.34% 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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