CBIZ, Inc. (NYSE:CBZ) Receives $46.50 Average PT from Analysts

Shares of CBIZ, Inc. (NYSE:CBZ) have been assigned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $46.50.

A number of brokerages recently commented on CBZ. Deutsche Bank Aktiengesellschaft initiated coverage on CBIZ in a research note on Monday, January 12th. They set a “hold” rating and a $60.00 price target for the company. CJS Securities raised CBIZ to a “strong-buy” rating in a report on Thursday, December 11th. BMO Capital Markets started coverage on CBIZ in a research report on Monday. They set an “outperform” rating and a $33.00 target price for the company. Weiss Ratings restated a “sell (d+)” rating on shares of CBIZ in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded shares of CBIZ from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th.

CBIZ Trading Down 1.5%

CBZ stock opened at $26.44 on Monday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.22 and a quick ratio of 1.22. CBIZ has a 1-year low of $24.29 and a 1-year high of $80.65. The business has a 50 day simple moving average of $30.65 and a two-hundred day simple moving average of $44.86. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 0.50 and a beta of 0.93.

CBIZ (NYSE:CBZ) last released its quarterly earnings data on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.66) by ($0.04). The company had revenue of $542.66 million for the quarter, compared to the consensus estimate of $578.02 million. CBIZ had a net margin of 4.19% and a return on equity of 12.23%. The company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.20) EPS. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. Research analysts anticipate that CBIZ will post 2.65 EPS for the current fiscal year.

Insider Transactions at CBIZ

In related news, CFO Brad S. Lakhia bought 12,775 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was purchased at an average price of $25.97 per share, for a total transaction of $331,766.75. Following the acquisition, the chief financial officer owned 148,480 shares in the company, valued at $3,856,025.60. This trade represents a 9.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.95% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Durable Capital Partners LP bought a new stake in shares of CBIZ during the third quarter worth $207,872,000. 22C Capital LLC bought a new position in shares of CBIZ in the fourth quarter worth about $161,554,000. Bank of Montreal Can purchased a new position in CBIZ in the 4th quarter worth about $113,596,000. SG Americas Securities LLC purchased a new position in CBIZ in the 4th quarter worth about $35,653,000. Finally, Sunriver Management LLC bought a new stake in shares of CBIZ during the third quarter valued at approximately $31,605,000. 87.44% of the stock is owned by hedge funds and other institutional investors.

About CBIZ

CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.

Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.