CBIZ, Inc., through its subsidiaries, provides professional business services, products, and solutions in the United States and Canada. It offers its services through three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services practice group provides accounting and tax compliance and consulting, government health care consulting, financial advisory, valuation, litigation support, risk and advisory, real estate consulting, and internal audit outsourcing services. The Benefits and Insurance Services practice group offers group health benefits consulting and brokerage, property and casualty brokerage, employee benefits consulting, retirement plan advisory, payroll, human capital advisory, actuarial, life insurance, and other services. The National Practices practice group provides managed networking and hardware, and health care consulting services. The company primarily serves small and midsized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. CBIZ, Inc. was founded in 1987 and is headquartered in Cleveland, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
SymbolNYSE:CBZ
CUSIP12480510
Phone216-447-9000
Debt
Debt-to-Equity Ratio0.31
Current Ratio1.46
Quick Ratio1.46
Price-To-Earnings
Trailing P/E Ratio27.01
Forward P/E Ratio21.92
P/E GrowthN/A
Sales & Book Value
Annual Sales$855.34 million
Price / Sales1.52
Cash Flow$1.3462 per share
Price / Cash17.42
Book Value$9.68 per share
Price / Book2.42
Profitability
EPS (Most Recent Fiscal Year)$0.87
Net Income$50.37 million
Net Margins7.04%
Return on Equity10.99%
Return on Assets5.16%
Miscellaneous
Employees4,600
Outstanding Shares55,320,000
Market Cap$1.28 billion
CBIZ (NYSE:CBZ) Frequently Asked Questions
What is CBIZ's stock symbol?
CBIZ trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBZ."
How will CBIZ's stock buyback program work?
CBIZ announced that its Board of Directors has approved a share repurchase program on Thursday, February 15th 2018, which authorizes the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.
How were CBIZ's earnings last quarter?
CBIZ, Inc. (NYSE:CBZ) posted its quarterly earnings results on Thursday, August, 2nd. The business services provider reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.01. The business services provider earned $232.60 million during the quarter, compared to the consensus estimate of $223.86 million. CBIZ had a return on equity of 10.99% and a net margin of 7.04%. CBIZ's revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 earnings per share. View CBIZ's Earnings History.
When is CBIZ's next earnings date?
What guidance has CBIZ issued on next quarter's earnings?
CBIZ updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share (EPS) guidance of $1.04-1.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. The company issued revenue guidance of at high end of prior guidance +5-8% to ~$898-924 m, compared to the consensus revenue estimate of $914.65 million.
What is the consensus analysts' recommendation for CBIZ?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBIZ.
Who are some of CBIZ's key competitors?
Some companies that are related to CBIZ include Conduent (CNDT), Stamps.com (STMP), Cotiviti (COTV), MAXIMUS (MMS), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), GreenSky (GSKY), Envestnet (ENV), HMS (HMSY), WNS (WNS), Sothebys (BID), Wageworks (WAGE), ExlService (EXLS), Cardtronics (CATM) and EVO Payments (EVOP).
Who are CBIZ's key executives?
CBIZ's management team includes the folowing people:
- Mr. Jerome P. Grisko Jr., Pres, CEO & Director (Age 56)
- Mr. Ware H. Grove, Sr. VP & CFO (Age 67)
- Mr. Chris Spurio, Sr. VP & Pres of Financial Services (Age 52)
- Mr. Richard E. Mills, Chief Operating Officer of Financial Services (Age 62)
- Mr. Michael P. Kouzelos, Pres of Benefits & Insurance Services, Inc. (Age 49)
Has CBIZ been receiving favorable news coverage?
Media coverage about CBZ stock has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CBIZ earned a media and rumor sentiment score of 0.12 on Accern's scale. They also assigned news articles about the business services provider an impact score of 47.35 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for CBIZ.
Who are CBIZ's major shareholders?
CBIZ's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (12.21%), Burgundy Asset Management Ltd. (8.43%), Dimensional Fund Advisors LP (8.28%), BlackRock Inc. (6.69%), First Manhattan Co. (3.25%) and Investment Counselors of Maryland LLC (2.23%). Company insiders that own CBIZ stock include Chris Spurio, Donald V Weir, Jerome P Grisko, Kelly Marek, Michael P Kouzelos, Michael W Gleespen, Steven L Gerard, Todd J Slotkin and Ware H Grove. View Institutional Ownership Trends for CBIZ.
Which institutional investors are selling CBIZ stock?
CBZ stock was sold by a variety of institutional investors in the last quarter, including Private Capital Management LLC, Burgundy Asset Management Ltd., First Manhattan Co., Fenimore Asset Management Inc., ClariVest Asset Management LLC, Boston Partners, Dimensional Fund Advisors LP and Hennessy Advisors Inc.. Company insiders that have sold CBIZ company stock in the last year include Chris Spurio, Donald V Weir, Michael P Kouzelos, Steven L Gerard and Ware H Grove. View Insider Buying and Selling for CBIZ.
Which institutional investors are buying CBIZ stock?
CBZ stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Renaissance Technologies LLC, Private Advisor Group LLC, Acadian Asset Management LLC, United Services Automobile Association, James Investment Research Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for CBIZ.
How do I buy shares of CBIZ?
Shares of CBZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CBIZ's stock price today?
One share of CBZ stock can currently be purchased for approximately $23.45.
How big of a company is CBIZ?
CBIZ has a market capitalization of $1.28 billion and generates $855.34 million in revenue each year. The business services provider earns $50.37 million in net income (profit) each year or $0.87 on an earnings per share basis. CBIZ employs 4,600 workers across the globe.
How can I contact CBIZ?
CBIZ's mailing address is 6050 OAK TREE BOULEVARD SOUTH SUITE 500, CLEVELAND OH, 44131. The business services provider can be reached via phone at 216-447-9000.
MarketBeat Community Rating for CBIZ (NYSE CBZ)
MarketBeat's community ratings are surveys of what our community members think about CBIZ and other stocks. Vote "Outperform" if you believe CBZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
