KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives $19.33 Consensus Target Price from Brokerages

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $19.3333.

Several research firms have weighed in on BZ. Sanford C. Bernstein restated an “outperform” rating and set a $19.00 target price on shares of KANZHUN in a research note on Wednesday, August 26th. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Weiss Ratings raised KANZHUN from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Barclays upped their price objective on KANZHUN from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Finally, Bank of America initiated coverage on KANZHUN in a research note on Tuesday, August 18th. They issued a “neutral” rating and a $19.00 price objective on the stock.

Institutional Investors Weigh In On KANZHUN

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in KANZHUN in the 1st quarter valued at approximately $27,000. Parallel Advisors LLC boosted its position in KANZHUN by 5,732.4% in the first quarter. Parallel Advisors LLC now owns 2,158 shares of the company’s stock valued at $29,000 after buying an additional 2,121 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of KANZHUN during the fourth quarter worth $29,000. Larson Financial Group LLC increased its holdings in shares of KANZHUN by 93.1% during the fourth quarter. Larson Financial Group LLC now owns 1,690 shares of the company’s stock worth $34,000 after buying an additional 815 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in shares of KANZHUN during the fourth quarter worth $41,000. 60.67% of the stock is owned by institutional investors.

KANZHUN Trading Down 1.4%

Shares of NASDAQ:BZ opened at $17.30 on Friday. The firm has a 50 day moving average of $15.46 and a 200-day moving average of $14.68. KANZHUN has a 12 month low of $12.57 and a 12 month high of $25.26. The stock has a market capitalization of $7.10 billion, a PE ratio of 12.18, a PEG ratio of 1.87 and a beta of 0.48.

KANZHUN (NASDAQ:BZ) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $353.05 million for the quarter. KANZHUN had a net margin of 53.16% and a return on equity of 15.03%. On average, research analysts predict that KANZHUN will post 1 EPS for the current fiscal year.

KANZHUN Announces Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Monday, September 28th will be paid a $0.51 dividend. This represents a dividend yield of 313.0%. The ex-dividend date is Monday, September 28th. KANZHUN’s dividend payout ratio (DPR) is presently 35.92%.

KANZHUN Company Profile

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.