Kanzhun (NASDAQ:BZ) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Kanzhun (NASDAQ:BZ) released its quarterly earnings results on Tuesday. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.07), Zacks reports. Kanzhun had a return on equity of 10.31% and a net margin of 20.65%. Kanzhun updated its Q1 2025 guidance to EPS.

Kanzhun Stock Performance

Kanzhun stock opened at $17.41 on Tuesday. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 38.69 and a beta of 0.46. Kanzhun has a fifty-two week low of $10.57 and a fifty-two week high of $22.74. The stock’s fifty day moving average is $15.06 and its two-hundred day moving average is $14.53.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. CLSA assumed coverage on Kanzhun in a research note on Monday, November 18th. They set an “outperform” rating and a $18.00 price target for the company. Citigroup cut their price target on Kanzhun from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, November 29th. Sanford C. Bernstein cut Kanzhun from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $19.00 to $15.00 in a research report on Monday, December 9th. Finally, Barclays increased their price objective on Kanzhun from $14.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

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.