Kanzhun Ltd ADR (BZ) Shares Decline Despite Market Challenges

The stock of Kanzhun Ltd ADR (NASDAQ: BZ) has decreased by -1.01 when compared to last closing price of 13.79. Despite this, the company has experienced a -0.07% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-24 that I reiterate my buy rating for Kanzhun Ltd. due to strong fundamentals, robust revenue growth, and a positive growth outlook amid an improving macro backdrop. BZ’s 3Q24 earnings showed revenue growth of 19% y/y, driven by online recruitment services, with a 30% y/y increase in monthly average users to 58 million. BZ’s market position is solidified as the largest online recruitment platform, with significant market share gains and a headroom of 170 million users to capture.

Is It Worth Investing in Kanzhun Ltd ADR (NASDAQ: BZ) Right Now?

Kanzhun Ltd ADR (NASDAQ: BZ) has a higher price-to-earnings ratio of 30.56x compared to its average ratio, The 36-month beta value for BZ is at 0.50. Analysts have varying views on the stock, with 16 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for BZ is 343.89M, and currently, shorts hold a 4.81% of that float. The average trading volume for BZ on December 26, 2024 was 5.02M shares.

BZ’s Market Performance

BZ’s stock has seen a -0.07% decrease for the week, with a 8.00% rise in the past month and a -15.32% fall in the past quarter. The volatility ratio for the week is 2.85%, and the volatility levels for the past 30 days are at 4.21% for Kanzhun Ltd ADR The simple moving average for the last 20 days is -1.99% for BZ stock, with a simple moving average of -17.93% for the last 200 days.

Analysts’ Opinion of BZ

Many brokerage firms have already submitted their reports for BZ stocks, with Bernstein repeating the rating for BZ by listing it as a “Mkt Perform.” The predicted price for BZ in the upcoming period, according to Bernstein is $15 based on the research report published on December 09, 2024 of the current year 2024.

CLSA, on the other hand, stated in their research note that they expect to see BZ reach a price target of $18. The rating they have provided for BZ stocks is “Outperform” according to the report published on November 18th, 2024.

BZ Trading at -3.58% from the 50-Day Moving Average

After a stumble in the market that brought BZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.97% of loss for the given period.

Volatility was left at 4.21%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares surge +12.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.52% lower at present.

During the last 5 trading sessions, BZ rose by +0.15%, which changed the moving average for the period of 200-days by -34.20% in comparison to the 20-day moving average, which settled at $13.93. In addition, Kanzhun Ltd ADR saw -17.81% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BZ starting from ZHANG Tao, who proposed sale 28,000 shares at the price of $13.81 back on Dec 17 ’24. After this action, ZHANG Tao now owns shares of Kanzhun Ltd ADR, valued at $386,680 using the latest closing price.

CHEN Xu, the Officer, Director of Kanzhun Ltd ADR, proposed sale 28,000 shares at $13.81 during a trade that took place back on Dec 17 ’24, which means that CHEN Xu is holding shares at $386,680 based on the most recent closing price.

Stock Fundamentals for BZ

Current profitability levels for the company are sitting at:

  • 0.14 for the present operating margin
  • 0.83 for the gross margin

The net margin for Kanzhun Ltd ADR stands at 0.21. The total capital return value is set at 0.07. Equity return is now at value 10.34, with 8.05 for asset returns.

Currently, EBITDA for the company is 839.72 million with net debt to EBITDA at -2.42. When we switch over and look at the enterprise to sales, we see a ratio of 5.96. The receivables turnover for the company is 186.26for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.80.

Conclusion

In conclusion, Kanzhun Ltd ADR (BZ) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts