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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
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CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Kanzhun (BZ) Stock Price, News & Analysis

$17.84
-0.27 (-1.49%)
(As of 04/18/2024 ET)
Today's Range
$17.75
$18.28
50-Day Range
$14.30
$20.79
52-Week Range
$12.57
$21.32
Volume
2.17 million shs
Average Volume
3.38 million shs
Market Capitalization
$6.70 billion
P/E Ratio
54.06
Dividend Yield
N/A
Price Target
$20.38

Kanzhun MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
14.2% Upside
$20.38 Price Target
Short Interest
Healthy
4.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.54mentions of Kanzhun in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
45.24%
From $0.42 to $0.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Computer And Technology Sector

249th out of 587 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

23rd out of 56 stocks

BZ stock logo

About Kanzhun Stock (NASDAQ:BZ)

Kanzhun Ltd, headquartered in Beijing, China, is an online recruitment platform that connects job seekers with potential employers. The company's main product, BOSS Zhipin, is a popular app in China that utilizes artificial intelligence (AI) technology to match job seekers with employers based on their qualifications and preferences. Kanzhun was founded in 2014 and went public on the NASDAQ in June 2021.

Kanzhun has experienced strong revenue growth over the past few years, with a compound annual growth rate of around 70%. The company's gross profit margin has also improved yearly growth profit margin for several years. Since its initial public offering (IPO) in June 2021, Kanzhun's stock has experienced volatility reflecting the challenges of operating in a rapidly evolving industry. As a result, the company's share price has ranged from a low of $17.05 to a high of $50.40  Kanzhun's valuation metrics are mixed compared to industry peers. 

The online recruitment industry in China has seen significant growth in recent years, with increasing demand for skilled labor and a shift toward online recruitment platforms. Kanzhun's main competitors include 51job, Liepin and Zhaopin. However, the industry is subject to government regulation, particularly regarding user data protection and the verification of job postings.

Founder and CEO Peng Zhao leads Kanzhun's leadership team. Zhao has over 15 years of experience in the technology industry and previously served as an online recruitment platform's Chief Technology Officer (CTO). 

Kanzhun has several growth opportunities, including expanding its services to new markets and introducing new products. The company has already expanded its services to Hong Kong and Singapore and plans to expand further to Southeast Asia. Kanzhun is also exploring using blockchain technology to improve its platform's security and transparency. Additionally, the company has indicated an interest in expanding into other industries beyond recruitment, such as education and healthcare.

The online recruitment industry in China is highly competitive, with Kanzhun facing intense competition from other established players in the market. The company must also navigate government regulations related to data privacy and job posting verification. Moreover, Kanzhun's success largely depends on the health of the Chinese job market, which may be impacted by factors such as economic conditions, government policies and the political climate between the United States and China. 

Kanzhun operates in the broader human resources and recruitment industry, which is growing rapidly due to the increasing demand for qualified candidates in various fields. Several factors, including economic changes, technological advancements and evolving labor laws, have impacted the industry.

Kanzhun faces significant competition in the recruitment industry, with key players such as LinkedIn, Indeed and Glassdoor dominating the market. However, Kanzhun focuses uniquely on China and offers various services beyond job postings, including training, assessments and career development services.

Kanzhun has several growth opportunities, including expanding its services beyond China, growing its user base and leveraging new technologies to improve recruitment. The company has also launched several new products recently, including a mobile app and a chatbot, to help job seekers and recruiters connect more efficiently.

Kanzhun faces several risks and challenges, including intense competition from established players, changing regulations in the recruitment industry, and the potential for economic downturns to impact job growth. The company may also face challenges in scaling its operations beyond China and adapting to evolving technological trends.

BZ Stock Price History

BZ Stock News Headlines

Kanzhun (NASDAQ:BZ) Shares Gap Down to $19.59
Kanzhun Ltd ADR (BZ)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
BZ Apr 2024 25.000 put
BZ Apr 2024 30.000 call
Why Kanzhun Stock Jumped 15% This Week
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
BZ Mar 2024 12.500 call
Kanzhun Ltd (8JN0.SG)
Kanzhun Rallies On Better-than-expected Q4 Results
Why Kanzhun Ltd Stock Popped Today
Earnings Preview For Kanzhun
Zoominfo up as BofA upgrades
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
4/18/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
5,602
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.38
High Stock Price Target
$27.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+14.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$154.82 million
Pretax Margin
20.53%

Debt

Sales & Book Value

Annual Sales
$838.33 million
Cash Flow
$1.13 per share
Book Value
$5.04 per share

Miscellaneous

Free Float
354,442,000
Market Cap
$6.70 billion
Optionable
Optionable
Beta
0.59
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Key Executives

  • Mr. Peng Zhao (Age 53)
    Founder, Chairman & CEO
  • Mr. Yu Zhang (Age 46)
    CFO & Executive Director
  • Mr. Tao Zhang (Age 42)
    CTO & Executive Director
  • Ms. Wenbei Wang
    Head of Investor Relations & Capital Markets
  • Mr. Xu Chen (Age 48)
    Chief Marketing Officer & Executive Director
  • Ms. Xiehua Wang (Age 36)
    VP of Product & Executive Director

BZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Kanzhun stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kanzhun in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BZ shares.
View BZ analyst ratings
or view top-rated stocks.

What is Kanzhun's stock price target for 2024?

8 brokers have issued twelve-month target prices for Kanzhun's stock. Their BZ share price targets range from $16.00 to $27.00. On average, they predict the company's stock price to reach $20.38 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price.
View analysts price targets for BZ
or view top-rated stocks among Wall Street analysts.

How have BZ shares performed in 2024?

Kanzhun's stock was trading at $16.61 at the start of the year. Since then, BZ shares have increased by 7.4% and is now trading at $17.84.
View the best growth stocks for 2024 here
.

Are investors shorting Kanzhun?

Kanzhun saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 13,360,000 shares, a drop of 11.8% from the March 15th total of 15,150,000 shares. Based on an average daily trading volume, of 3,410,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 4.0% of the company's stock are sold short.
View Kanzhun's Short Interest
.

When is Kanzhun's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our BZ earnings forecast
.

How were Kanzhun's earnings last quarter?

Kanzhun Limited (NASDAQ:BZ) posted its quarterly earnings data on Tuesday, March, 12th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The business earned $222.57 million during the quarter, compared to analysts' expectations of $215.66 million. Kanzhun had a trailing twelve-month return on equity of 8.44% and a net margin of 18.28%.

How often does Kanzhun pay dividends? What is the dividend yield for Kanzhun?

Kanzhun declared a -- dividend on Tuesday, November 14th. Investors of record on Tuesday, December 5th will be given a dividend of $0.18 per share on Thursday, December 21st. This represents a yield of 0.9%. The ex-dividend date is Monday, December 4th.
Read our dividend analysis for BZ
.

What guidance has Kanzhun issued on next quarter's earnings?

Kanzhun updated its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $227.6 million-$231.8 million, compared to the consensus revenue estimate of $222.4 million.

When did Kanzhun IPO?

Kanzhun (BZ) raised $864 million in an IPO on Friday, June 11th 2021. The company issued 48,000,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs, Morgan Stanley, UBS Investment Bank and China Renaissance acted as the underwriters for the IPO and Haitong International, FUTU and Tiger Brokers were co-managers.

Who are Kanzhun's major shareholders?

Kanzhun's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Matthews International Capital Management LLC (0.18%), Renaissance Capital LLC (0.06%) and Los Angeles Capital Management LLC (0.01%).

How do I buy shares of Kanzhun?

Shares of BZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BZ) was last updated on 4/18/2024 by MarketBeat.com Staff

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