KANZHUN (NASDAQ:BZ) Releases Quarterly Earnings Results, Misses Estimates By $0.11 EPS

KANZHUN (NASDAQ:BZGet Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.11), FiscalAI reports. KANZHUN had a net margin of 33.11% and a return on equity of 15.22%. The company had revenue of $300.06 million during the quarter, compared to analyst estimates of $301.91 million.

KANZHUN Trading Down 0.4%

Shares of BZ stock opened at $14.11 on Wednesday. The firm’s 50 day moving average is $13.83 and its 200-day moving average is $17.58. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 17.00 and a beta of 0.49. KANZHUN has a 1 year low of $12.85 and a 1 year high of $25.26.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Zacks Research lowered shares of KANZHUN from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 21st. Wall Street Zen lowered shares of KANZHUN from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Finally, Barclays decreased their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

Check Out Our Latest Stock Report on BZ

Insider Activity

In other KANZHUN news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $6.98, for a total value of $446,720.00. Following the completion of the sale, the chief executive officer directly owned 576,000 shares in the company, valued at $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Schroder Investment Management Group boosted its stake in KANZHUN by 15.9% in the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock worth $497,962,000 after purchasing an additional 3,352,779 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of KANZHUN by 14.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,416,759 shares of the company’s stock worth $191,915,000 after buying an additional 1,213,240 shares during the period. State Street Corp grew its holdings in shares of KANZHUN by 4.5% during the fourth quarter. State Street Corp now owns 7,006,834 shares of the company’s stock worth $142,799,000 after buying an additional 299,001 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of KANZHUN by 14.3% during the fourth quarter. Renaissance Technologies LLC now owns 3,975,967 shares of the company’s stock worth $81,030,000 after buying an additional 496,267 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in KANZHUN by 362.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,706,948 shares of the company’s stock valued at $86,594,000 after buying an additional 2,904,542 shares during the last quarter. Institutional investors own 60.67% of the company’s stock.

KANZHUN Company Profile

(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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Earnings History for KANZHUN (NASDAQ:BZ)

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