Brokers Issue Forecasts for CBIZ's Q4 Earnings (NYSE:CBZ)

CBIZ, Inc. (NYSE:CBZ - Free Report) - Equities research analysts at William Blair dropped their Q4 2026 earnings per share (EPS) estimates for shares of CBIZ in a research note issued on Wednesday, June 4th. William Blair analyst A. Nicholas now expects that the business services provider will post earnings of ($0.45) per share for the quarter, down from their prior estimate of ($0.42). William Blair currently has a "Outperform" rating on the stock. The consensus estimate for CBIZ's current full-year earnings is $2.65 per share.

Separately, Wall Street Zen downgraded CBIZ from a "hold" rating to a "sell" rating in a research report on Tuesday, February 25th.

CBIZ Stock Up 0.8%

Shares of NYSE:CBZ opened at $74.10 on Monday. The firm has a fifty day moving average price of $73.13 and a two-hundred day moving average price of $78.09. The company has a market cap of $4.03 billion, a price-to-earnings ratio of 31.40 and a beta of 0.93. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.49 and a quick ratio of 1.49. CBIZ has a one year low of $62.66 and a one year high of $90.13.

CBIZ (NYSE:CBZ - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The business services provider reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.18. CBIZ had a return on equity of 15.12% and a net margin of 7.08%. The firm had revenue of $838.01 million for the quarter, compared to analysts' expectations of $860.25 million. During the same period in the prior year, the business posted $1.54 earnings per share. The company's revenue was up 69.5% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CBZ. Vanguard Group Inc. raised its stake in CBIZ by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 4,716,456 shares of the business services provider's stock valued at $385,948,000 after purchasing an additional 43,784 shares in the last quarter. Burgundy Asset Management Ltd. raised its position in shares of CBIZ by 6.7% during the 1st quarter. Burgundy Asset Management Ltd. now owns 2,220,266 shares of the business services provider's stock valued at $168,429,000 after buying an additional 138,886 shares in the last quarter. Capital World Investors raised its position in shares of CBIZ by 37.6% during the 4th quarter. Capital World Investors now owns 1,134,585 shares of the business services provider's stock valued at $92,843,000 after buying an additional 309,785 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of CBIZ by 0.7% during the 4th quarter. Northern Trust Corp now owns 940,717 shares of the business services provider's stock worth $76,979,000 after acquiring an additional 6,540 shares during the last quarter. Finally, GW&K Investment Management LLC lifted its holdings in shares of CBIZ by 9.7% during the 1st quarter. GW&K Investment Management LLC now owns 893,516 shares of the business services provider's stock worth $67,782,000 after acquiring an additional 78,811 shares during the last quarter. Hedge funds and other institutional investors own 87.44% of the company's stock.

About CBIZ

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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