KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Analysts rate KANZHUN “Moderate Buy,” with three buy ratings and three holds. The average 12-month price target is $19.33, above the reported share price of $17.80.
• Institutional investors and hedge funds own approximately 60.67% of the company, with Millennium Management increasing its holdings by 85.3% during the first quarter.
• KANZHUN reported quarterly EPS of $0.33 on revenue of $353.05 million, alongside a 53.16% net margin. The company also announced a $0.51 annual dividend, though the article’s stated 313% yield appears inconsistent with the stock price.

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $19.3333.

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

Hedge Funds Weigh In On KANZHUN

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC acquired a new position in shares of KANZHUN in the 1st quarter valued at $201,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of KANZHUN during the 1st quarter worth $27,000. Millennium Management LLC increased its holdings in shares of KANZHUN by 85.3% during the 1st quarter. Millennium Management LLC now owns 942,035 shares of the company's stock worth $18,059,000 after buying an additional 433,705 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of KANZHUN by 3.1% during 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 last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of KANZHUN by 315.5% in 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 during the period. Institutional investors and hedge funds own 60.67% of the company's stock.

KANZHUN Stock Performance

Shares of 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's 50 day moving average price is $15.22 and its 200 day moving average price is $14.72. The firm has a market cap of $7.30 billion, a P/E ratio of 12.54, a price-to-earnings-growth ratio of 1.99 and a beta of 0.48.

KANZHUN (NASDAQ:BZ - Get Free Report) last released its earnings results on Friday, August 14th. The company reported $0.33 EPS for the quarter. The firm had revenue of $353.05 million during the quarter. KANZHUN had a net margin of 53.16% and a return on equity of 15.03%. As a group, equities analysts predict that KANZHUN will post 0.96 EPS for the current year.

KANZHUN Announces Dividend

The business also recently announced an annual dividend, which will be paid on Wednesday, October 14th. Investors 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 (DPR) is currently 10.56%.

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.

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