CBIZ (NYSE:CBZ) Announces Quarterly Earnings Results

CBIZ (NYSE:CBZ - Get Free Report) released its earnings results on Wednesday. The business services provider reported ($0.20) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.23) by $0.03, Zacks reports. CBIZ had a net margin of 7.08% and a return on equity of 15.12%. The company had revenue of $460.28 million for the quarter, compared to analyst estimates of $517.90 million. CBIZ updated its FY 2025 guidance to 3.600-3.650 EPS.

CBIZ Stock Up 0.2 %

Shares of CBZ traded up $0.13 during midday trading on Friday, reaching $78.24. The stock had a trading volume of 607,999 shares, compared to its average volume of 279,064. CBIZ has a 1-year low of $62.65 and a 1-year high of $90.13. The company's fifty day simple moving average is $84.16 and its two-hundred day simple moving average is $76.48. The company has a market cap of $3.93 billion, a price-to-earnings ratio of 33.15 and a beta of 0.95. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. StockNews.com lowered shares of CBIZ from a "hold" rating to a "sell" rating in a report on Tuesday. William Blair restated an "outperform" rating on shares of CBIZ in a report on Thursday.

CBIZ Company Profile

CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services.