KANZHUN (NASDAQ:BZ) Issues Earnings Results, Misses Estimates By $0.11 EPS

KANZHUN (NASDAQ:BZ) issued its quarterly earnings results on Wednesday. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.11), FiscalAI reports. KANZHUN had a net margin of 33.11% and a return on equity of 15.22%. The business had revenue of $300.06 million during the quarter, compared to analyst estimates of $301.91 million.

KANZHUN Stock Performance

Shares of NASDAQ:BZ opened at $14.11 on Wednesday. The company has a 50-day simple moving average of $13.83 and a 200 day simple moving average of $17.58. KANZHUN has a 52-week low of $12.85 and a 52-week high of $25.26. The company has a market capitalization of $5.93 billion, a P/E ratio of 17.00 and a beta of 0.49.

Insiders Place Their Bets

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total transaction of $446,720.00. Following the completion of the sale, the chief executive officer directly owned 576,000 shares of the company’s stock, valued at $4,020,480. This trade represents a 10.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Trading of KANZHUN

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC purchased a new position in KANZHUN in the 1st quarter worth about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in KANZHUN during the 1st quarter valued at $27,000. Millennium Management LLC raised its position in KANZHUN by 85.3% during the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock valued at $18,059,000 after purchasing an additional 433,705 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of KANZHUN by 3.1% in the 2nd quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock worth $1,244,000 after buying an additional 2,096 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of KANZHUN by 315.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock worth $104,000 after buying an additional 4,442 shares in the last quarter. 60.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BZ has been the subject of several analyst reports. Barclays decreased their price objective on KANZHUN from $28.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, March 20th. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Zacks Research downgraded KANZHUN from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, KANZHUN presently has a consensus rating of “Moderate Buy” and an average price target of $23.00.

About KANZHUN

Kanzhun Ltd. (NASDAQ: BZ) operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.

Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.