CBIZ Stock Price, News & Analysis (NYSE:CBZ)

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CBZ shares.
View CBZ analyst ratings or view top-rated stocks.

1 analysts have issued 12-month price objectives for CBIZ's shares. Their CBZ share price targets range from $63.00 to $63.00. On average, they anticipate the company's share price to reach $63.00 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for CBZ or view top-rated stocks among Wall Street analysts.

CBIZ's stock was trading at $46.85 at the start of the year. Since then, CBZ stock has increased by 25.3% and is now trading at $58.70.
View the best growth stocks for 2023 here.

CBIZ saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 472,400 shares, a decrease of 5.2% from the October 31st total of 498,500 shares. Based on an average trading volume of 207,400 shares, the short-interest ratio is presently 2.3 days. Currently, 1.0% of the company's stock are short sold.
View CBIZ's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our CBZ earnings forecast.

CBIZ, Inc. (NYSE:CBZ) announced its quarterly earnings data on Thursday, October, 26th. The business services provider reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.08. The business services provider earned $410.54 million during the quarter, compared to the consensus estimate of $395.53 million. CBIZ had a net margin of 7.84% and a trailing twelve-month return on equity of 16.22%. CBIZ's revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 EPS.

ETFs with the largest weight of CBIZ (NYSE:CBZ) stock in their portfolio include Argent Mid Cap ETF (AMID), Invesco Dorsey Wright Industrials Momentum ETF (PRN), First Trust Small Cap Growth AlphaDEX Fund (FYC), First Trust Active Factor Small Cap ETF (AFSM), Invesco DWA SmallCap Momentum ETF (DWAS), VictoryShares US Small Mid Cap Value Momentum ETF (USVM), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd (CSA).

CBIZ issued an update on its FY23 earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $2.36 to $2.41 for the period, compared to the consensus earnings per share estimate of $2.33. The company issued revenue guidance of +10-12% yr/yr to ~$1.55-1.58 billion, compared to the consensus revenue estimate of $1.56 billion.

57 employees have rated CBIZ Chief Executive Officer Jerry Grisko on Glassdoor.com. Jerry Grisko has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CBIZ investors own include Walt Disney (DIS), Veracyte (VCYT), Carnival Co. & (CCL), CRISPR Therapeutics (CRSP), Etsy (ETSY), Gilead Sciences (GILD), Johnson & Johnson (JNJ), KeyCorp (KEY), Altria Group (MO) and NeoGenomics (NEO).

CBIZ's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (7.78%), Burgundy Asset Management Ltd. (4.09%), Allspring Global Investments Holdings LLC (2.73%), Mawer Investment Management Ltd. (2.08%), Northern Trust Corp (1.88%) and Victory Capital Management Inc. (1.64%). Insiders that own company stock include Benaree Pratt Wiley, Chris Spurio, Jerome P Grisko, Joseph S Dimartino, Michael P Kouzelos, Rajesh Vashist, Sherrill W Hudson, Steven L Gerard, Todd J Slotkin and Ware H Grove.
View institutional ownership trends.

Shares of CBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.