CBIZ (NYSE:CBZ) Releases FY 2025 Earnings Guidance

Key Points

• CBIZ (NYSE:CBZ) has issued its FY 2025 earnings guidance, expecting an EPS of $3.600-$3.650, exceeding the consensus estimate of $3.577.
• The company projects revenue between $2.8 billion and $3.0 billion, aligning with the consensus estimate of $2.8 billion.
• Shares of CBIZ rose to $76.00 with a market cap of $4.13 billion, and institutional investors own 87.44% of the stock.

CBIZ (NYSE:CBZ - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.600-3.650 for the period, compared to the consensus earnings per share estimate of 3.577. The company issued revenue guidance of $2.8 billion-$3.0 billion, compared to the consensus revenue estimate of $2.8 billion.

Wall Street Analyst Weigh In

Separately, William Blair reaffirmed an "outperform" rating on shares of CBIZ in a research report on Friday, April 25th.

CBIZ Stock Performance

Shares of CBIZ stock traded up $0.62 during trading on Friday, hitting $61.74. 1,903,573 shares of the stock were exchanged, compared to its average volume of 455,880. The stock's fifty day moving average is $72.24 and its 200 day moving average is $75.64. The stock has a market cap of $3.36 billion, a PE ratio of 35.48 and a beta of 0.91. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.52 and a current ratio of 1.52. CBIZ has a 12 month low of $56.83 and a 12 month high of $90.13.

CBIZ (NYSE:CBZ - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The business services provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.84 by $0.11. The business had revenue of $683.50 million during the quarter, compared to analyst estimates of $701.43 million. CBIZ had a net margin of 4.51% and a return on equity of 15.57%. The company's quarterly revenue was up 62.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 earnings per share. As a group, sell-side analysts anticipate that CBIZ will post 2.65 EPS for the current year.

Institutional Investors Weigh In On CBIZ

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in shares of CBIZ by 6.2% in the 1st quarter. AQR Capital Management LLC now owns 11,725 shares of the business services provider's stock valued at $889,000 after purchasing an additional 682 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of CBIZ by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,294 shares of the business services provider's stock valued at $2,222,000 after purchasing an additional 1,318 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of CBIZ by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,270 shares of the business services provider's stock valued at $10,868,000 after purchasing an additional 7,676 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of CBIZ by 96.1% in the 1st quarter. Jane Street Group LLC now owns 41,240 shares of the business services provider's stock valued at $3,128,000 after purchasing an additional 20,214 shares during the period. 87.44% of the stock is owned by institutional investors and hedge funds.

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.