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
Industry Business services, not elsewhere classified
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
SymbolNYSE:CBZ
CUSIP12480510
Phone216-447-9000
Debt
Debt-to-Equity Ratio0.38
Current Ratio1.61
Quick Ratio1.61
Price-To-Earnings
Trailing P/E Ratio26.26
Forward P/E Ratio20.82
P/E GrowthN/A
Sales & Book Value
Annual Sales$855.34 million
Price / Sales1.47
Cash Flow$1.3146 per share
Price / Cash17.42
Book Value$9.68 per share
Price / Book2.37
Profitability
EPS (Most Recent Fiscal Year)$0.87
Net Income$50.37 million
Net Margins6.97%
Return on Equity11.01%
Return on Assets5.08%
Miscellaneous
Employees4,600
Outstanding Shares55,080,000
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 has initiated a stock buyback program on Thursday, February 15th 2018, which permits the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.
How were CBIZ's earnings last quarter?
CBIZ, Inc. (NYSE:CBZ) issued its quarterly earnings results on Thursday, April, 26th. The business services provider reported $0.64 EPS for the quarter, topping the consensus estimate of $0.58 by $0.06. The business services provider earned $266.10 million during the quarter, compared to the consensus estimate of $254.43 million. CBIZ had a return on equity of 11.01% and a net margin of 6.97%. The company's quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the company posted $0.45 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 issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $1.04-$1.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.05. The company issued revenue guidance of $898.11-$923.8 million, compared to the consensus revenue estimate of $904.92 million.
Who are some of CBIZ's key competitors?
Some companies that are related to CBIZ include Healthequity (HQY), Stamps.com (STMP), GreenSky (GSKY), Conduent (CNDT), MAXIMUS (MMS), Cotiviti (COTV), TriNet Group (TNET), Ritchie Bros. Auctioneers (RBA), Sothebys (BID), WNS (WNS), Envestnet (ENV), CAPITA Grp/ADR (CTAGY), Wageworks (WAGE), ExlService (EXLS) and HMS (HMSY).
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. Richard E. Mills CPA, Chief Operating Officer of Financial Services (Age 62)
- Mr. Chris Spurio, Pres of Financial Services (Age 52)
- Mr. Michael P. Kouzelos, Pres of Benefits & Insurance Services, Inc. (Age 49)
Has CBIZ been receiving favorable news coverage?
Media stories about CBZ stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CBIZ earned a coverage optimism score of 0.16 on Accern's scale. They also gave news articles about the business services provider an impact score of 45.81 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are CBIZ's major shareholders?
CBIZ's stock is owned by a number of of retail and institutional investors. Top institutional investors include Burgundy Asset Management Ltd. (8.97%), Dimensional Fund Advisors LP (8.37%), BlackRock Inc. (6.05%), P2 Capital Partners LLC (4.89%), Cardinal Capital Management LLC CT (4.59%) and Polar Asset Management Partners Inc. (1.87%). 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 Polar Asset Management Partners Inc., Cardinal Capital Management LLC CT, Dalton Greiner Hartman Maher & Co., Thrivent Financial for Lutherans, Wells Fargo & Company MN, BlackRock Inc., New York State Common Retirement Fund and Granite Investment Partners LLC. 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 purchased by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., P2 Capital Partners LLC, Millennium Management LLC, Royal Bank of Canada, Burgundy Asset Management Ltd., Barclays PLC, Northern Trust Corp and UBS Group AG. Company insiders that have bought CBIZ stock in the last two years include Chris Spurio and Jerome P Grisko. 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 $22.90.
How big of a company is CBIZ?
CBIZ has a market capitalization of $1.27 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 (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.
