KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Given Consensus Recommendation of “Moderate Buy” by Analysts

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $19.3333.

Several research firms have issued reports on BZ. Zacks Research upgraded shares of KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Bank of America assumed coverage on shares of KANZHUN in a research note on Tuesday, August 18th. They issued a “neutral” rating and a $19.00 target price on the stock. Barclays lifted their target price on shares of KANZHUN from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Thursday. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $19.00 price target on shares of KANZHUN in a research report on Wednesday. Finally, Weiss Ratings upgraded KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th.

Get Our Latest Stock Analysis on KANZHUN

Institutional Investors Weigh In On KANZHUN

A number of large investors have recently modified their holdings of BZ. AQR Capital Management LLC purchased a new stake in shares of KANZHUN during the 1st quarter valued at about $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in KANZHUN in the 1st quarter worth approximately $27,000. Millennium Management LLC boosted its holdings in KANZHUN by 85.3% in the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company’s stock worth $18,059,000 after acquiring an additional 433,705 shares during the period. American Century Companies Inc. grew its position in KANZHUN by 3.1% in the second quarter. American Century Companies Inc. now owns 69,707 shares of the company’s stock valued at $1,244,000 after acquiring an additional 2,096 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in KANZHUN by 315.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,850 shares of the company’s stock valued at $104,000 after acquiring an additional 4,442 shares in the last quarter. Institutional investors and hedge funds own 60.67% of the company’s stock.

KANZHUN Price Performance

NASDAQ BZ opened at $17.80 on Friday. KANZHUN has a 1-year low of $12.57 and a 1-year high of $25.26. The firm has a market capitalization of $7.30 billion, a P/E ratio of 12.54, a P/E/G ratio of 1.99 and a beta of 0.48. The business’s 50-day simple moving average is $15.22 and its 200-day simple moving average is $14.72.

KANZHUN (NASDAQ:BZGet Free Report) last posted its earnings results on Friday, August 14th. The company reported $0.33 earnings per share (EPS) for the quarter. KANZHUN had a net margin of 53.16% and a return on equity of 15.03%. The firm had revenue of $353.05 million during the quarter. On average, equities research analysts expect that KANZHUN will post 0.96 EPS for the current fiscal year.

KANZHUN Announces Dividend

The business also recently announced an annual dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Monday, September 28th will be given a $0.51 dividend. The ex-dividend date of this dividend is Monday, September 28th. This represents a dividend yield of 313.0%. KANZHUN’s dividend payout ratio is presently 10.56%.

About KANZHUN

(Get Free Report)

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.

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Analyst Recommendations for KANZHUN (NASDAQ:BZ)

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