CBIZ - CBZ Stock Forecast, Price & News

1 Wall Street equities research 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 equities research analysts is that investors should "buy" CBZ shares.
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CBIZ's stock was trading at $39.12 on January 1st, 2022. Since then, CBZ shares have increased by 28.2% and is now trading at $50.16.
View the best growth stocks for 2022 here.

CBIZ saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 584,500 shares, a decline of 30.1% from the October 31st total of 835,900 shares. Based on an average daily trading volume, of 250,500 shares, the short-interest ratio is currently 2.3 days. Currently, 1.2% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our CBZ earnings forecast.

CBIZ, Inc. (NYSE:CBZ) announced its quarterly earnings results on Wednesday, October, 27th. The business services provider reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.12. The business services provider had revenue of $282.70 million for the quarter, compared to the consensus estimate of $259.24 million. CBIZ had a net margin of 7.89% and a trailing twelve-month return on equity of 14.94%. CBIZ's revenue for the quarter was up 18.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.36 EPS.

CBIZ updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of $2.09-$2.13 for the period, compared to the consensus earnings per share estimate of $1.96. The company issued revenue guidance of $1.39 billion-$1.41 billion, compared to the consensus revenue estimate of $1.36 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 variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.98%), BlackRock Inc. (6.21%), Vanguard Group Inc. (5.12%), Allspring Global Investments Holdings LLC (4.91%), Eaton Vance Management (4.77%) and Victory Capital Management Inc. (3.72%). 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.
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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 $50.16.

CBIZ (NYSE:CBZ) has a market capitalization of $2.55 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 $2.04 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.