What changed
$BZ — BUY 📊 | 6 MONTHS THESIS
🎯 latest | Rev $298M | EPS $1.87 vs $1.79 🟢
💡 The market priced in structural decline, yet BZ posted positive revenue growth and record operating margins. Consensus underappreciates the earnings-leverage potential from its massive blue-collar user base and the $200M+ buyback program.
📉 Reward/risk: 1.95:1
🏢 Business Quality: 8/10 - Leading Chinese online recruitment platform with strong network effects, 90%+ mobile penetration, and expanding B2B services, though cyclical macro exposure tempers quality.
📊 Valuation: fair - TTM P/E ~55x, EV/EBITDA ~30x, above global HR peers but 40% below own 5-year average and supported by 25% EPS growth CAGR.
🔮 Catalyst: Q3 2024 earnings report and updated buyback execution
💰 Entry: $13.7, stop $11.5, target $18.0
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/BZ0622