Baozun (BZUN) Scheduled to Post Earnings on Thursday

Baozun (NASDAQ:BZUNGet Rating) will release its earnings data before the market opens on Thursday, May 26th. Analysts expect Baozun to post earnings of ($0.08) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Baozun (NASDAQ:BZUNGet Rating) last issued its earnings results on Thursday, March 10th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.03). The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.18 billion. Baozun had a negative net margin of 2.34% and a negative return on equity of 3.85%. The business’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 EPS. On average, analysts expect Baozun to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Baozun stock opened at $8.11 on Thursday. The firm has a market cap of $564.44 million, a PE ratio of -16.90, a price-to-earnings-growth ratio of 0.41 and a beta of 1.14. The firm’s 50-day simple moving average is $7.72 and its 200-day simple moving average is $11.64. Baozun has a 1 year low of $5.41 and a 1 year high of $38.15.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its position in Baozun by 10.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,053,604 shares of the technology company’s stock worth $17,620,000 after purchasing an additional 186,547 shares during the last quarter. Morgan Stanley grew its position in Baozun by 5.6% in the 2nd quarter. Morgan Stanley now owns 1,585,856 shares of the technology company’s stock worth $56,204,000 after purchasing an additional 84,207 shares during the last quarter. Invesco Ltd. grew its position in Baozun by 27.3% in the 1st quarter. Invesco Ltd. now owns 707,408 shares of the technology company’s stock worth $6,070,000 after purchasing an additional 151,590 shares during the last quarter. Millennium Management LLC grew its position in Baozun by 3,072.1% in the 4th quarter. Millennium Management LLC now owns 615,480 shares of the technology company’s stock worth $8,555,000 after purchasing an additional 596,077 shares during the last quarter. Finally, State Street Corp grew its position in Baozun by 1.1% in the 1st quarter. State Street Corp now owns 352,819 shares of the technology company’s stock worth $3,027,000 after purchasing an additional 3,947 shares during the last quarter. Hedge funds and other institutional investors own 45.15% of the company’s stock.

A number of brokerages have recently issued reports on BZUN. HSBC cut their target price on shares of Baozun from $14.50 to $8.00 and set a “hold” rating on the stock in a research note on Friday, March 11th. Jefferies Financial Group dropped their price objective on shares of Baozun from $13.90 to $12.00 in a research note on Thursday, April 14th. Zacks Investment Research upgraded shares of Baozun from a “sell” rating to a “hold” rating in a research note on Monday. Credit Suisse Group upgraded shares of Baozun from an “underperform” rating to a “neutral” rating and set a $8.30 price objective on the stock in a research note on Friday, March 11th. Finally, StockNews.com started coverage on shares of Baozun in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $12.55.

Baozun Company Profile (Get Rating)

Baozun Inc provides e-commerce solutions to brand partners in the People's Republic of China. The company's integrated end-to-end brand e-commerce capabilities encompass various aspects of the e-commerce value chain, including IT solutions, online store operations, digital marketing, customer services, warehousing, and fulfillment.

See Also

Earnings History for Baozun (NASDAQ:BZUN)

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