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) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.600-3.650 for the period, compared to the consensus 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.

CBIZ Stock Up 1.0%

NYSE CBZ traded up $0.62 during trading on Friday, reaching $61.74. 1,903,573 shares of the company's stock were exchanged, compared to its average volume of 665,667. The firm has a market capitalization of $3.36 billion, a PE ratio of 35.48 and a beta of 0.92. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.76. CBIZ has a fifty-two week low of $56.83 and a fifty-two week high of $90.13. The company's fifty day simple moving average is $72.03 and its 200-day simple moving average is $75.44.

CBIZ (NYSE:CBZ - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The business services provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.84 by $0.11. The business had revenue of $683.50 million during the quarter, compared to analysts' expectations of $701.43 million. CBIZ had a return on equity of 15.57% and a net margin of 4.51%. The firm's quarterly revenue was up 62.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. Sell-side analysts predict that CBIZ will post 2.65 EPS for the current year.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its holdings in CBIZ by 6.2% in the 1st quarter. AQR Capital Management LLC now owns 11,725 shares of the business services provider's stock worth $889,000 after purchasing an additional 682 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in 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 worth $2,222,000 after purchasing an additional 1,318 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in 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 worth $10,868,000 after purchasing an additional 7,676 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in CBIZ by 96.1% in the 1st quarter. Jane Street Group LLC now owns 41,240 shares of the business services provider's stock worth $3,128,000 after purchasing an additional 20,214 shares during the last quarter. 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.