CBIZ - CBZ Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CBZ shares.
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CBIZ's stock was trading at $39.12 at the beginning of the year. Since then, CBZ shares have increased by 19.6% and is now trading at $46.78.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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CBIZ, Inc. (NYSE:CBZ) released its quarterly earnings results on Wednesday, October, 27th. The business services provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.29 by $0.12. The business services provider had revenue of $282.70 million for the quarter, compared to analysts' expectations of $259.24 million. CBIZ had a trailing twelve-month return on equity of 14.56% and a net margin of 7.93%. CBIZ's revenue was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.36 earnings per share.

CBIZ updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $2.08-$2.11 for the period, compared to the consensus earnings per share estimate of $1.92. The company issued revenue guidance of $1.36 billion-$1.38 billion, compared to the consensus revenue estimate of $1.32 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBZ."

CBIZ's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (5.19%), Burgundy Asset Management Ltd. (3.84%), Victory Capital Management Inc. (3.72%), Mawer Investment Management Ltd. (2.47%), Northern Trust Corp (2.39%) and William Blair Investment Management LLC (2.10%). Insiders that own company stock include Benaree Pratt Wiley, Chris Spurio, Jerome P Grisko, Joseph S Dimartino, Michael P Kouzelos, Rajesh Vashist, Steven L Gerard, Todd J Slotkin and Ware H Grove.
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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.
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One share of CBZ stock can currently be purchased for approximately $46.78.

CBIZ (NYSE:CBZ) has a market capitalization of $2.41 billion and generates $1.10 billion in revenue each year. The business services provider earns $70.89 million in net income (profit) each year or $1.92 on an earnings per share basis.

The company employs 6,000 workers across the globe.

CBIZ's mailing address is 6050 OAK TREE BOULEVARD SOUTH SUITE 500, CLEVELAND OH, 44131. The official website for the company is www.cbiz.com. The business services provider can be reached via phone at (216) 447-9000 or via fax at 216-447-9007.