Templeton Asset Management Ltd. recently announced the acquisition of new stake in Baozun Inc. (NASDAQ:BZUN). This fresh investment now brings its stake to 11.98% valued currently at $295.29 million. In addition, Vontobel Asset Management, Inc. raised its holdings by 0.85 million to 3.15 million shares. And Templeton Asset Management Ltd. (.. has lifted its position by 3.19% or 72875.0 shares – to 2.36 million shares.
With over 1.25 million Baozun Inc. (BZUN) shares trading Tuesday and a closing price of $43.50 on the day, the dollar volume was approximately $54.29 million. The shares have shown a positive weekly performance of 0.65% and its price on 09/01/20 gained nearly 4.97%. Currently, there are 58.59M common shares owned by the public and among those 58.03M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 15 analysts who have offered their price forecasts for BZUN have a consensus price objective of $318.09. The analysts have set the share’s price value over the next 12 months at a high of $345.68 and a low of $241.98 should the stock experience a downside. Incidentally, analysts’ outlook for the Baozun Inc. stock is 1.80 for the next 12 months. The average price target is 2.66% above its last price level and an upside to the estimated low will see the stock gain 82.02% over that period. But an upside of 87.42% will see the stock hit the forecast high price target while mean target price for the stock is $313.88.
The top 3 mutual fund holders in Baozun Inc. are Hermes Invt. Funds – Global Emerg, Calvert Emerging Markets Equity F, and Virtus Vontobel Emerging Markets. Hermes Invt. Funds – Global Emerg owns 2.72 million shares of the company’s stock, all valued at over $114.57 million. The company sold 82900.0 shares recently to bring their total holdings to about 4.65% of the shares outstanding. Calvert Emerging Markets Equity F sold 15362.0 shares to see its total holdings shrink to 1.41 million shares valued at over $59.39 million and representing 2.41% of the shares outstanding. Virtus Vontobel Emerging Markets bought 0.3 million shares to bring its total holdings to over 1.27 million shares at a value of $53.32 million. Virtus Vontobel Emerging Markets now owns shares totaling to 2.16% of the shares outstanding.
Shares of Baozun Inc. (NASDAQ: BZUN) opened at $41.45, up $0.01 from a prior closing price of $41.44. However, the script later closed the day at $43.50, up 4.97%. The company’s stock has a 5-day price change of 0.65% and 27.38% over the past three months. BZUN shares are trading 31.34% year to date (YTD), with the 12-month market performance down to -2.55% lower. It has a 12-month low price of $22.19 and touched a high of $50.33 over the same period. Currently, 1.25 million shares have been traded, compared to an average intraday trading volume of 1.19 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.14%, 5.52%, and 26.53% respectively.
Institutional ownership of Baozun Inc. (NASDAQ: BZUN) shares accounts for 83.80% of the company’s 58.59M shares outstanding. Mutual fund holders own 42.64%, while other institutional holders and individual stakeholders account for 50.44% and — respectively.
It has a market capitalization of $2.78B and a beta (3y monthly) value of 1.82. The stock’s trailing 12-month PE ratio is 71.78, while the earnings-per-share (ttm) stands at $0.61. The company has a PEG of 13.44 and a Quick Ratio of 2.70 with the debt-to-equity ratio at 0.88. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.81% over the week and 4.58% over the month.
Analysts forecast that Baozun Inc. (BZUN) will achieve an EPS of $0.19 for the current quarter, $0.73 for the next quarter and $1.88 for 2021. The lowest estimate earnings-per-share for the quarter is $0.18 while analysts give the company a high EPS estimate of $0.19. Comparatively, EPS for the current quarter was $0.14 a year ago. Earnings per share for the fiscal year are expected to increase by 4.50%, and 41.41% over the next financial year. EPS should shrink at an annualized rate of 5.34% over the next five years, compared to 25.70% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 15 brokerage firm advisors rate Baozun Inc. (BZUN) as a “Strong Buy” at a consensus score of 1.80. Specifically, 9 Wall Street analysts polled rate the stock as a buy, while 3 of the 15 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the BZUN, a number of firms have released research notes about the stock. Credit Suisse stated their Outperform rating for the stock in a research note on June 03, 2020, with the firm’s price target at $36. BofA/Merrill coverage for the Baozun Inc. (BZUN) stock in a research note released on March 31, 2020 offered a Neutral rating with a price target of. Credit Suisse was of a view on November 22, 2019 that the stock is Neutral, while CLSA gave the stock Outperform rating on August 22, 2019, issuing a price target of. Jefferies on their part issued Buy rating on August 05, 2019.