CBIZ (NYSE:CBZ - Get Free Report) will be issuing its quarterly earnings data before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
CBIZ (NYSE:CBZ - Get Free Report) last announced its earnings results on Thursday, August 1st. The business services provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.29). The firm had revenue of $420.00 million during the quarter, compared to analyst estimates of $430.38 million. CBIZ had a net margin of 7.12% and a return on equity of 14.58%. The firm's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period last year, the company earned $0.55 earnings per share. On average, analysts expect CBIZ to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
CBIZ Stock Performance
CBZ traded down $0.72 during trading on Tuesday, hitting $66.04. 212,034 shares of the stock were exchanged, compared to its average volume of 312,002. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. CBIZ has a 1-year low of $49.15 and a 1-year high of $86.36. The stock has a fifty day moving average price of $68.18 and a two-hundred day moving average price of $73.22. The firm has a market capitalization of $3.32 billion, a P/E ratio of 28.34 and a beta of 0.92.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on CBZ shares. Sidoti raised shares of CBIZ from a "neutral" rating to a "buy" rating and lifted their target price for the company from $80.00 to $86.00 in a report on Monday, August 12th. StockNews.com lowered shares of CBIZ from a "hold" rating to a "sell" rating in a research note on Thursday, September 5th.
Read Our Latest Stock Analysis on CBIZ
CBIZ Company Profile
(
Get Free Report)
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.
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