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NASDAQ:BZ

Kanzhun (BZ) Stock Price, News & Analysis

Kanzhun logo
$15.33 +0.53 (+3.58%)
(As of 11/7/2024 ET)

About Kanzhun Stock (NASDAQ:BZ)

Key Stats

Today's Range
$14.99
$15.50
50-Day Range
$12.00
$19.19
52-Week Range
$10.57
$22.74
Volume
3.57 million shs
Average Volume
4.12 million shs
Market Capitalization
$5.84 billion
P/E Ratio
35.65
Dividend Yield
N/A
Price Target
$23.40
Consensus Rating
Moderate Buy

Company Overview

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.

Kanzhun Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

BZ MarketRank™: 

Kanzhun scored higher than 78% of companies evaluated by MarketBeat, and ranked 222nd out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Kanzhun has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Kanzhun has only been the subject of 1 research reports in the past 90 days.

  • Read more about Kanzhun's stock forecast and price target.
  • Earnings Growth

    Earnings for Kanzhun are expected to grow by 44.68% in the coming year, from $0.47 to $0.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Kanzhun is 35.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Kanzhun is 35.65, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.47.

  • Price to Book Value per Share Ratio

    Kanzhun has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Kanzhun's valuation and earnings.
  • Percentage of Shares Shorted

    5.72% of the float of Kanzhun has been sold short.
  • Short Interest Ratio / Days to Cover

    Kanzhun has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Kanzhun has recently decreased by 4.08%, indicating that investor sentiment is improving.
  • Dividend Yield

    Kanzhun does not currently pay a dividend.

  • Dividend Growth

    Kanzhun does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.72% of the float of Kanzhun has been sold short.
  • Short Interest Ratio / Days to Cover

    Kanzhun has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Kanzhun has recently decreased by 4.08%, indicating that investor sentiment is improving.
  • News Sentiment

    Kanzhun has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Kanzhun this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for BZ on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Kanzhun to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Kanzhun insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    60.67% of the stock of Kanzhun is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Kanzhun's insider trading history.
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BZ Stock News Headlines

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Donald Trump wants to be America’s first crypto president. He was the keynote speaker at the recent Bitcoin conference in Nashville … Where he told an adoring crowd that the U.S. would become … “The crypto capital of the planet and the Bitcoin superpower of the world.”
Kanzhun: Long-Term Growth Remains Intact
Barclays Sticks to Its Buy Rating for Kanzhun Ltd Sponsored (BZ)
See More Headlines

BZ Stock Analysis - Frequently Asked Questions

Kanzhun's stock was trading at $16.61 at the beginning of 2024. Since then, BZ stock has decreased by 7.7% and is now trading at $15.33.
View the best growth stocks for 2024 here
.

Kanzhun Limited (NASDAQ:BZ) announced its quarterly earnings results on Wednesday, August, 28th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The company earned $263.75 million during the quarter, compared to analyst estimates of $264.38 million. Kanzhun had a trailing twelve-month return on equity of 10.19% and a net margin of 20.90%.

Kanzhun (BZ) raised $864 million in an IPO on Friday, June 11th 2021. The company issued 48,000,000 shares at $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.

Kanzhun's top institutional investors include Krane Funds Advisors LLC (2.88%), Assenagon Asset Management S.A. (0.97%), WCM Investment Management LLC (0.83%) and Allspring Global Investments Holdings LLC (0.43%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Kanzhun investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), TotalEnergies (TTE), The RMR Group (RMR) and Southern First Bancshares (SFST).

Company Calendar

Last Earnings
8/28/2024
Today
11/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Fax
N/A
Employees
5,346
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.40
High Stock Price Target
$30.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+51.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$154.82 million
Pretax Margin
23.89%

Debt

Sales & Book Value

Annual Sales
$838.33 million
Cash Flow
$0.60 per share
Book Value
$5.04 per share

Miscellaneous

Free Float
N/A
Market Cap
$5.88 billion
Optionable
Optionable
Beta
0.55
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This page (NASDAQ:BZ) was last updated on 11/7/2024 by MarketBeat.com Staff
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