Baozun Inc. (BZUN - Free Report) closed the most recent trading day at $42.79, moving -0.83% from the previous trading session. This change lagged the S&P 500's daily loss of 0.3%. At the same time, the Dow lost 0.54%, and the tech-heavy Nasdaq lost 0.41%.
Heading into today, shares of the company had gained 0.65% over the past month, outpacing the Computer and Technology sector's loss of 0.49% and the S&P 500's loss of 0.43% in that time.
Wall Street will be looking for positivity from BZUN as it approaches its next earnings report date.
Any recent changes to analyst estimates for BZUN should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. BZUN is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that BZUN has a Forward P/E ratio of 35.37 right now. This valuation marks a premium compared to its industry's average Forward P/E of 19.02.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 28, putting it in the top 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.