Shares of Kanzhun Limited (NASDAQ:BZ – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $26.00.
A number of analysts have issued reports on BZ shares. Daiwa Capital Markets lowered Kanzhun from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. HSBC began coverage on Kanzhun in a report on Friday, May 24th. They set a “buy” rating and a $30.00 target price for the company. UBS Group boosted their price target on shares of Kanzhun from $22.00 to $23.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 22nd. JPMorgan Chase & Co. raised their price objective on shares of Kanzhun from $23.00 to $24.50 and gave the company an “overweight” rating in a research note on Wednesday, May 22nd. Finally, Daiwa America upgraded shares of Kanzhun to a “hold” rating in a report on Thursday, July 25th.
Read Our Latest Analysis on BZ
Institutional Investors Weigh In On Kanzhun
Kanzhun Trading Up 12.5 %
NASDAQ BZ opened at $12.32 on Friday. The stock has a fifty day simple moving average of $15.79 and a 200-day simple moving average of $17.88. The stock has a market cap of $4.69 billion, a PE ratio of 31.59 and a beta of 0.48. Kanzhun has a twelve month low of $10.57 and a twelve month high of $22.74.
Kanzhun (NASDAQ:BZ – Get Free Report) last released its quarterly earnings results on Wednesday, August 28th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Kanzhun had a net margin of 20.55% and a return on equity of 9.73%. The business had revenue of $263.75 million for the quarter, compared to the consensus estimate of $264.38 million. Research analysts predict that Kanzhun will post 0.5 EPS for the current year.
Kanzhun Company Profile
Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.
Read More
- Five stocks we like better than Kanzhun
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Does A&F’s Q2 Earnings Win Point to a Strong Holiday Season?
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Best Buy Stock Flashes Bullish Signal, Challenges Remain
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Receive News & Ratings for Kanzhun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kanzhun and related companies with MarketBeat.com's FREE daily email newsletter.