CBIZ (CBZ) Stock Price, News & Analysis

Company Overview

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. The Benefits and Insurance Services provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The National Practices segment offers information technology managed networking and hardware, and health care consulting services. The company primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. CBIZ, Inc. was incorporated in 1987 and is headquartered in Independence, Ohio.

Key Stats

• Today's Range: $82.11 to $84.23
• 50-Day Range: $63.79 to $83.00
• 52-Week Range: $57.01 to $86.36
• Volume: 299,931 shs
• Average Volume: 317,750 shs
• Market Capitalization: $4.14 billion
• P/E Ratio: 34.93
• Dividend Yield: N/A
• Price Target: $86.00
• Consensus Rating: Buy

CBIZ Stock Analysis - MarketRank™

CBIZ scored higher than 80% of companies evaluated by MarketBeat, and ranked 71st out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

CBIZ has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

CBIZ has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.32%

Earnings Growth

Earnings for CBIZ are expected to grow by 11.32% in the coming year, from $2.65 to $2.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CBIZ is 34.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of CBIZ is 34.93, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 44.50.

Price to Book Value per Share Ratio

CBIZ has a P/B Ratio of 4.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.56% of the float of CBIZ has been sold short.

Short Interest Ratio / Days to Cover

CBIZ has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CBIZ has recently increased by 15.09%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CBIZ does not currently pay a dividend.

Dividend Growth

CBIZ does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.61

Percentage of Shares Shorted

2.56% of the float of CBIZ has been sold short.

Short Interest Ratio / Days to Cover

CBIZ has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CBIZ has recently increased by 15.09%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.84

News Sentiment

CBIZ has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for CBIZ this week, compared to 4 articles on an average week.

Search Interest

1 people have searched for CBZ on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added CBIZ to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CBIZ insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.30% of the stock of CBIZ is held by insiders.

Percentage Held by Institutions

87.44% of the stock of CBIZ is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CBZ Stock Analysis - Frequently Asked Questions

How have CBZ shares performed this year?

CBIZ's stock was trading at $62.59 on January 1st, 2024. Since then, CBZ shares have increased by 31.7% and is now trading at $82.44.
View the best growth stocks for 2024 here.

How were CBIZ's earnings last quarter?

CBIZ, Inc. (NYSE:CBZ) posted its earnings results on Tuesday, October, 29th. The business services provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.08. CBIZ's revenue for the quarter was up 6.9% compared to the same quarter last year.

Who are CBIZ's major shareholders?

Top institutional shareholders of CBIZ include State Street Corp (2.25%), Allspring Global Investments Holdings LLC (2.24%), Geode Capital Management LLC (2.21%) and Premier Fund Managers Ltd (1.62%). Insiders that own company stock include Michael P Kouzelos, Ware H Grove, Chris Spurio, Sherrill W Hudson, Benaree Pratt Wiley, Joseph S Dimartino and Jerome P Grisko.
View institutional ownership trends.

How do I buy shares of CBIZ?

Shares of CBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CBIZ own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CBIZ investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Research & Consulting Services
• Current Symbol: NYSE:CBZ
• CUSIP: 12480510
• CIK: 944148
• Web: www.cbiz.com
• Phone: (216) 447-9000
• Fax: 216-447-9007
• Employees: 6,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $86.00
• High Stock Price Target: $86.00
• Low Stock Price Target: $86.00
• Potential Upside/Downside: +3.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.36
• Trailing P/E Ratio: 35.17
• Forward P/E Ratio: 31.32
• P/E Growth: N/A
• Net Income: $120.97 million
• Net Margins: 7.08%
• Pretax Margin: 9.76%
• Return on Equity: 15.12%
• Return on Assets: 6.16%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 1.49
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: $1.59 billion
• Price / Sales: 2.62
• Cash Flow: $3.21 per share
• Price / Cash Flow: 25.84
• Book Value: $18.49 per share
• Price / Book: 4.49

Miscellaneous

• Outstanding Shares: 50,190,000
• Free Float: 47,528,000
• Market Cap: $4.17 billion
• Optionable: Optionable
• Beta: 0.91