Should I buy or sell CBIZ stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CBZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBZ, but not buy additional shares or sell existing shares. View CBZ analyst ratings or view top-rated stocks .

What is CBIZ's stock price target for 2024?

1 equities research analysts have issued 12-month price targets for CBIZ's shares. Their CBZ share price targets range from $63.00 to $63.00. On average, they anticipate the company's share price to reach $63.00 in the next year. This suggests that the stock has a possible downside of 15.1%. View analysts price targets for CBZ or view top-rated stocks among Wall Street analysts .

How have CBZ shares performed in 2024?

CBIZ's stock was trading at $62.59 at the beginning of the year. Since then, CBZ stock has increased by 18.6% and is now trading at $74.22. View the best growth stocks for 2024 here .

Are investors shorting CBIZ?

CBIZ saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,270,000 shares, an increase of 61.2% from the March 15th total of 788,000 shares. Based on an average daily volume of 313,100 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.7% of the company's shares are short sold. View CBIZ's Short Interest .

When is CBIZ's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CBZ earnings forecast .

How can I listen to CBIZ's earnings call?

CBIZ will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were CBIZ's earnings last quarter?

CBIZ, Inc. (NYSE:CBZ) released its earnings results on Thursday, February, 15th. The business services provider reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.01. The business services provider earned $327.50 million during the quarter, compared to the consensus estimate of $308.87 million. CBIZ had a trailing twelve-month return on equity of 15.49% and a net margin of 7.60%. The business's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned ($0.21) earnings per share.

What ETFs hold CBIZ's stock?

ETFs with the largest weight of CBIZ (NYSE:CBZ) stock in their portfolio include Invesco Dorsey Wright Industrials Momentum ETF (PRN) , Argent Mid Cap ETF (AMID) , Janus Henderson Small Cap Growth Alpha ETF (JSML) , First Trust Small Cap Growth AlphaDEX Fund (FYC) , Invesco DWA SmallCap Momentum ETF (DWAS) , Timothy Plan US Small Cap Core ETF (TPSC) , VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd (CSA) .

What guidance has CBIZ issued on next quarter's earnings?

CBIZ updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of 2.700-2.750 for the period, compared to the consensus EPS estimate of 2.670. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

What is Jerry Grisko's approval rating as CBIZ's CEO?

57 employees have rated CBIZ Chief Executive Officer Jerry Grisko on Glassdoor.com . Jerry Grisko has an approval rating of 84% among the company's employees.

What other stocks do shareholders of CBIZ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include Walt Disney (DIS) , Veracyte (VCYT) , Carnival Co. & (CCL) , CRISPR Therapeutics (CRSP) , Etsy (ETSY) , Gilead Sciences (GILD) , Johnson & Johnson (JNJ) , KeyCorp (KEY) , Altria Group (MO) and NeoGenomics (NEO) .

Who are CBIZ's major shareholders?

CBIZ's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.35%), Artemis Investment Management LLP (0.44%), Chatham Capital Group Inc. (0.10%), Bridge City Capital LLC (0.09%), CWM LLC (0.04%) and Sanders Morris Harris LLC (0.01%). Insiders that own company stock include Benaree Pratt Wiley , Chris Spurio , Jerome P Grisko , Joseph S Dimartino , Michael P Kouzelos , Rajesh Vashist, Sherrill W Hudson, Steven L Gerard , Todd J Slotkin and Ware H Grove . 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 .

NYSE:CBZ

CBIZ (CBZ) Stock Price, News & Analysis

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$74.22

+0.53 (+0.72%)

(As of 04/18/2024 ET)

Compare

Today's Range: $73.20
▼
$74.90
50-Day Range: $63.35
▼
$78.50
52-Week Range: $49.13
▼
$79.55

Volume: 255,300 shs
Average Volume: 308,552 shs
Market Capitalization: $3.72 billion

P/E Ratio: 31.18
Dividend Yield: N/A
Price Target: $63.00

Get CBIZ alerts:

CBIZ MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 15.1% Downside
$63.00 Price Target
Short Interest: Bearish
2.67% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.61
Upright™ Environmental Score
News Sentiment: 0.04
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 12.04%
From $2.74 to $3.07 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.57 out of 5 stars

Business Services Sector

193rd out of 294 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 83 stocks

1.0

Analyst's Opinion

Consensus Rating
CBIZ has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
CBIZ has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.67% 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 4.1.
Change versus previous month
Short interest in CBIZ has recently increased by 61.17%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
CBIZ does not currently pay a dividend.
Dividend Growth
CBIZ does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CBIZ has received a 38.65% net impact score from Upright. Cbiz seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Pension funding services", "Home insurance services for individuals", "Home warranties", "Bus insurance services", "Landlord's insurance services for individuals", and "Life insurance services for groups" products. See details.
Environmental Sustainability
The Environmental Impact score for CBIZ is -0.61.

1.7

News and Social Media Coverage

News Sentiment
CBIZ has a news sentiment score of 0.04. 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 lower news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for CBIZ this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for CBZ on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added CBIZ to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

1.7

Company Ownership

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 5.40% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CBIZ are expected to grow by 12.04% in the coming year, from $2.74 to $3.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CBIZ is 31.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of CBIZ is 31.18, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 33.57.
Price to Book Value per Share Ratio
CBIZ has a P/B Ratio of 4.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About CBIZ Stock (NYSE:CBZ)

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.

CBZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CBZ Stock News Headlines

April 18, 2024 | americanbankingnews.com

CBIZ (CBZ) Scheduled to Post Quarterly Earnings on Thursday

April 17, 2024 | finance.yahoo.com

CBIZ, Inc. (CBZ)

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April 16, 2024 | finance.yahoo.com

CBIZ, Inc. (CBZ) Interactive Stock Chart - Yahoo Finance

April 15, 2024 | finance.yahoo.com

15 States with No or Low Income Tax Rates

April 11, 2024 | prnewswire.com

CBIZ TO ANNOUNCE FIRST-QUARTER 2024 RESULTS ON APRIL 25, 2024

April 11, 2024 | americanbankingnews.com

Head to Head Comparison: CBIZ (NYSE:CBZ) versus Radware (NASDAQ:RDWR)

April 9, 2024 | finance.yahoo.com

Hiring Growth for Small Businesses Continues in March

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 9, 2024 | businesswire.com

Hiring Growth for Small Businesses Continues in March

April 7, 2024 | finance.yahoo.com

Returns At CBIZ (NYSE:CBZ) Appear To Be Weighed Down

April 2, 2024 | finance.yahoo.com

CBIZ’s 2024 State of Health Care Report Highlights Areas of Priority for Employer Benefit Plan Sponsors

April 2, 2024 | businesswire.com

CBIZ's 2024 State of Health Care Report Highlights Areas of Priority for Employer Benefit Plan Sponsors

March 17, 2024 | finance.yahoo.com

Are Strong Financial Prospects The Force That Is Driving The Momentum In CBIZ, Inc.'s NYSE:CBZ) Stock?

March 16, 2024 | finance.yahoo.com

CBZ Apr 2024 60.000 put

March 8, 2024 | finance.yahoo.com

CBIZ Announces Honorees for Fourth Annual Women Transforming Business Awards

March 7, 2024 | finance.yahoo.com

Zacks Investment Ideas feature highlights: Microsoft, Alphabet, Nasdaq 100 ETF and CBIZ

March 6, 2024 | msn.com

CBIZ acquired technology solutions provider CompuData

March 6, 2024 | finance.yahoo.com

CBIZ ACQUIRES COMPUDATA, INC.

February 24, 2024 | msn.com

CBIZ (CBZ) Price Target Increased by 20.00% to 73.44

February 22, 2024 | finance.yahoo.com

16 States With the Lowest Or No Sales Tax

February 22, 2024 | finance.yahoo.com

20 States Where Tax Filers Are Paying the Highest Percentage of Their Income

February 20, 2024 | finance.yahoo.com

Small and Mid-Sized Businesses Report Rise in Economic Confidence as Interest Rate Concerns Decline

February 20, 2024 | businesswire.com

Small and Mid-Sized Businesses Report Rise in Economic Confidence as Interest Rate Concerns Decline

February 17, 2024 | finance.yahoo.com

CBIZ Full Year 2023 Earnings: Beats Expectations

February 17, 2024 | finance.yahoo.com

CBZ Mar 2024 90.000 call

February 16, 2024 | finance.yahoo.com

CBIZ, Inc. (NYSE:CBZ) Q4 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

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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: $63.00
High Stock Price Target: $63.00
Low Stock Price Target: $63.00
Potential Upside/Downside: -15.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.38
Trailing P/E Ratio: 31.18
Forward P/E Ratio: 27.09
P/E Growth: N/A
Net Income: $120.97 million
Net Margins: 7.60%
Pretax Margin: 10.45%
Return on Equity: 15.49%
Return on Assets: 5.92%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 1.20
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $1.59 billion
Price / Sales: 2.34
Cash Flow: $3.15 per share
Price / Cash Flow: 23.56
Book Value: $15.88 per share
Price / Book: 4.67

Miscellaneous

Outstanding Shares: 50,110,000
Free Float: 47,406,000
Market Cap: $3.72 billion
Optionable: Optionable
Beta: 0.83

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Key Executives

Mr. Jerome P. Grisko Jr. (Age 62)
President, CEO & Director
Comp: $2.47M
Mr. Ware H. Grove (Age 73)
Senior VP & CFO
Comp: $1.04M
Mr. Chris Spurio (Age 58)
President of Financial Services Group
Comp: $1.29M
Mr. Michael P. Kouzelos (Age 55)
President of Benefits & Insurance Services, Inc.
Comp: $988.6k
Mr. John Aaron Fleischer (Age 62)
Senior VP & Chief Information Officer
Ms. Elizabeth A. Newman (Age 46)
Senior VP, Chief Human Resources & Administrative Officer
Ms. Jaileah X. Huddleston (Age 46)
Senior VP, Chief Legal Officer & Corporate Secretary
Mr. Matthew Joseph Morelli
Senior Vice President of Corporate Development
Mr. Richard E. Mills (Age 68)
Chief Operating Officer of Financial Services
Comp: $577.28k
Mr. John Cook
President of Employee Benefits Service Line - Benefits & Insurance Division

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CBZ Stock Analysis - Frequently Asked Questions

Should I buy or sell CBIZ stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CBZ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBZ, but not buy additional shares or sell existing shares.
View CBZ analyst ratings or view top-rated stocks.
What is CBIZ's stock price target for 2024?: 1 equities research analysts have issued 12-month price targets for CBIZ's shares. Their CBZ share price targets range from $63.00 to $63.00. On average, they anticipate the company's share price to reach $63.00 in the next year. This suggests that the stock has a possible downside of 15.1%.
View analysts price targets for CBZ or view top-rated stocks among Wall Street analysts.
How have CBZ shares performed in 2024?: CBIZ's stock was trading at $62.59 at the beginning of the year. Since then, CBZ stock has increased by 18.6% and is now trading at $74.22.
View the best growth stocks for 2024 here.
Are investors shorting CBIZ?: CBIZ saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,270,000 shares, an increase of 61.2% from the March 15th total of 788,000 shares. Based on an average daily volume of 313,100 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.7% of the company's shares are short sold.
View CBIZ's Short Interest.
When is CBIZ's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CBZ earnings forecast.
How can I listen to CBIZ's earnings call?: CBIZ will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were CBIZ's earnings last quarter?: CBIZ, Inc. (NYSE:CBZ) released its earnings results on Thursday, February, 15th. The business services provider reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.01. The business services provider earned $327.50 million during the quarter, compared to the consensus estimate of $308.87 million. CBIZ had a trailing twelve-month return on equity of 15.49% and a net margin of 7.60%. The business's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the company earned ($0.21) earnings per share.

What ETFs hold CBIZ's stock?: ETFs with the largest weight of CBIZ (NYSE:CBZ) stock in their portfolio include Invesco Dorsey Wright Industrials Momentum ETF (PRN), Argent Mid Cap ETF (AMID), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust Small Cap Growth AlphaDEX Fund (FYC), Invesco DWA SmallCap Momentum ETF (DWAS), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd (CSA).
What guidance has CBIZ issued on next quarter's earnings?: CBIZ updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of 2.700-2.750 for the period, compared to the consensus EPS estimate of 2.670. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.
What is Jerry Grisko's approval rating as CBIZ's CEO?: 57 employees have rated CBIZ Chief Executive Officer Jerry Grisko on Glassdoor.com. Jerry Grisko has an approval rating of 84% among the company's employees.
What other stocks do shareholders of CBIZ own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include Walt Disney (DIS), Veracyte (VCYT), Carnival Co. & (CCL), CRISPR Therapeutics (CRSP), Etsy (ETSY), Gilead Sciences (GILD), Johnson & Johnson (JNJ), KeyCorp (KEY), Altria Group (MO) and NeoGenomics (NEO).
Who are CBIZ's major shareholders?: CBIZ's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.35%), Artemis Investment Management LLP (0.44%), Chatham Capital Group Inc. (0.10%), Bridge City Capital LLC (0.09%), CWM LLC (0.04%) and Sanders Morris Harris LLC (0.01%). Insiders that own company stock include Benaree Pratt Wiley, Chris Spurio, Jerome P Grisko, Joseph S Dimartino, Michael P Kouzelos, Rajesh Vashist, Sherrill W Hudson, Steven L Gerard, Todd J Slotkin and Ware H Grove.
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.

This page (NYSE:CBZ) was last updated on 4/18/2024 by MarketBeat.com Staff

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