CBIZ (NYSE:CBZ) Upgraded at Stephens

Key Points

• Stephens upgraded CBIZ to a "hold" rating, and the stock carries a MarketBeat consensus rating of Hold with an average target price of $41.33 (analyst mix: 1 Strong Buy, 2 Buy, 3 Hold, 1 Sell).
• CBIZ reported quarterly EPS of ($0.70), missing estimates and posting revenue of $542.66M (also below expectations) despite revenue rising 17.9% year-over-year, while management set FY 2026 guidance at 3.750–3.850 EPS versus a sell-side average forecast of 2.65 EPS.
• Insider activity: CFO Brad S. Lakhia purchased 12,775 shares at an average $25.97 on March 13, increasing his stake to 148,480 shares, indicating notable insider buying.

CBIZ (NYSE:CBZ - Get Free Report) was upgraded by investment analysts at Stephens to a "hold" rating in a research note issued on Thursday,Zacks.com reports.

CBZ has been the topic of a number of other reports. Weiss Ratings reiterated a "sell (d+)" rating on shares of CBIZ in a research report on Wednesday, January 21st. Zacks Research upgraded shares of CBIZ from a "strong sell" rating to a "hold" rating in a research report on Friday, March 27th. CJS Securities upgraded shares of CBIZ to a "strong-buy" rating in a research report on Thursday, December 11th. BMO Capital Markets initiated coverage on shares of CBIZ in a research report on Monday, March 30th. They issued an "outperform" rating and a $33.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of CBIZ in a research report on Monday, January 12th. They issued a "hold" rating and a $60.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, CBIZ has a consensus rating of "Hold" and an average target price of $41.33.

CBIZ Stock Performance

NYSE:CBZ opened at $27.03 on Thursday. The firm's fifty day moving average price is $28.95 and its 200 day moving average price is $43.61. CBIZ has a 1-year low of $24.29 and a 1-year high of $80.65. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 0.52 and a beta of 0.93.

CBIZ (NYSE:CBZ - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share for the quarter, missing analysts' consensus estimates of ($0.66) by ($0.04). CBIZ had a net margin of 4.19% and a return on equity of 12.23%. The firm had revenue of $542.66 million during the quarter, compared to analysts' expectations of $578.02 million. During the same quarter last year, the business earned ($0.20) earnings per share. The business's quarterly revenue was up 17.9% on a year-over-year basis. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. On average, sell-side analysts expect that CBIZ will post 2.65 EPS for the current year.

Insider Activity at CBIZ

In other CBIZ news, CFO Brad S. Lakhia acquired 12,775 shares of the firm's stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $25.97 per share, for a total transaction of $331,766.75. Following the transaction, the chief financial officer directly owned 148,480 shares of the company's stock, valued at approximately $3,856,025.60. This represents a 9.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.95% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CBIZ

Several institutional investors and hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its position in shares of CBIZ by 5.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,798 shares of the business services provider's stock worth $254,000 after buying an additional 227 shares in the last quarter. Balyasny Asset Management L.P. raised its stake in CBIZ by 4.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 4,969 shares of the business services provider's stock valued at $356,000 after purchasing an additional 230 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in CBIZ by 0.8% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,529 shares of the business services provider's stock valued at $2,117,000 after purchasing an additional 235 shares during the last quarter. Chatham Capital Group Inc. raised its stake in CBIZ by 0.5% in the 4th quarter. Chatham Capital Group Inc. now owns 50,877 shares of the business services provider's stock valued at $2,567,000 after purchasing an additional 250 shares during the last quarter. Finally, Ethic Inc. raised its stake in CBIZ by 7.5% in the 3rd quarter. Ethic Inc. now owns 4,050 shares of the business services provider's stock valued at $214,000 after purchasing an additional 283 shares during the last quarter. 87.44% of the stock is currently 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.

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