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 Ratio0.38
Current Ratio1.61
Quick Ratio1.61
Price-To-Earnings
Trailing P/E Ratio25.63
Forward P/E Ratio20.27
P/E GrowthN/A
Sales & Book Value
Annual Sales$855.34 million
Price / Sales1.44
Cash Flow$1.3118 per share
Price / Cash17.00
Book Value$9.68 per share
Price / Book2.30
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
Market Cap$1,241.94
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 declared that its board has initiated a share repurchase plan on Thursday, February 15th 2018, which permits the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were CBIZ's earnings last quarter?
CBIZ, Inc. (NYSE:CBZ) released its earnings results on Thursday, April, 26th. The business services provider reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.06. The business services provider had revenue of $266.10 million for the quarter, compared to analyst estimates of $254.43 million. CBIZ had a net margin of 6.97% and a return on equity of 11.01%. CBIZ's revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 EPS. 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 EPS 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.
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."
Who are some of CBIZ's key competitors?
Some companies that are related to CBIZ include Stamps.com (STMP), MAXIMUS (MMS), Cotiviti (COTV), TriNet Group (TNET), Conduent (CNDT), GreenSky (GSKY), Ritchie Bros. Auctioneers (RBA), Sothebys (BID), Envestnet (ENV), WNS (WNS), Uxin (UXIN), ExlService (EXLS), HMS (HMSY), Wageworks (WAGE) and LendingClub (LC).
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?
Headlines about CBZ stock have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CBIZ earned a daily sentiment score of 0.18 on Accern's scale. They also assigned news articles about the business services provider an impact score of 45.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are CBIZ's major shareholders?
CBIZ's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.98%), Dalton Greiner Hartman Maher & Co. (0.49%), Hennessy Advisors Inc. (0.38%), James Investment Research Inc. (0.19%) and V Wealth Management LLC (0.02%). 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 major investors are selling CBIZ stock?
CBZ stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc. 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 major investors are buying CBIZ stock?
CBZ stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Dalton Greiner Hartman Maher & Co. and V Wealth Management LLC. 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 $22.30.
How big of a company is CBIZ?
CBIZ has a market capitalization of $1.24 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.
