CBIZ, Inc. provides professional business services that help clients manage their finances, employees, and insurance needs. It offers its services through three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services practice group provides accounting, tax, financial advisory, government healthcare consulting, risk advisory, and valuation services. The Benefits and Insurance Services practice group offers group health benefits consulting, property and casualty insurance, retirement plan consulting, payroll, and HR consulting services. The National Practices practice group provides managed networking and hardware, and health care consulting services. The company, through its subsidiaries, primarily serves small and midsized businesses, as well as individuals, governmental entities, and not-for-profit enterprises in the United States and parts of Canada. 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
Current SymbolNYSE:CBZ
Previous Symbol
CUSIP12480510
Phone216-447-9000
Debt
Debt-to-Equity Ratio0.28
Current Ratio1.50
Quick Ratio1.50
Price-To-Earnings
Trailing P/E Ratio23.17
Forward P/E Ratio18.67
P/E GrowthN/A
Sales & Book Value
Annual Sales$855.34 million
Price / Sales1.31
Cash Flow$1.3422 per share
Price / Cash Flow15.02
Book Value$9.68 per share
Price / Book2.08
Profitability
EPS (Most Recent Fiscal Year)$0.87
Net Income$50.37 million
Net Margins7.34%
Return on Equity11.30%
Return on Assets5.41%
Miscellaneous
Employees4,600
Outstanding Shares55,490,000
Market Cap$1.11 billion
OptionableOptionable
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 approved a stock buyback plan on Thursday, February 15th 2018, which allows the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.
How were CBIZ's earnings last quarter?
CBIZ, Inc. (NYSE:CBZ) issued its quarterly earnings results on Wednesday, October, 31st. The business services provider reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. The business services provider had revenue of $224.25 million for the quarter, compared to analyst estimates of $218.67 million. CBIZ had a return on equity of 11.30% and a net margin of 7.34%. The business's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 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 Wednesday, October, 31st. The company provided 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 $898-924 million, compared to the consensus revenue estimate of $923.14 million.CBIZ also updated its FY 2018 guidance to $1.04-1.08 EPS.
What is the consensus analysts' recommendation for CBIZ?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBIZ in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBIZ.
Has CBIZ been receiving favorable news coverage?
Media stories about CBZ stock have been trending neutral on Thursday, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CBIZ earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days.
Who are some of CBIZ's key competitors?
Some companies that are related to CBIZ include Healthequity (HQY), Ritchie Bros. Auctioneers (RBA), Stamps.com (STMP), TriNet Group (TNET), HMS (HMSY), Conduent (CNDT), WNS (WNS), Envestnet (ENV), EVO Payments (EVOP), ExlService (EXLS), Sothebys (BID), GreenSky (GSKY), Tabula Rasa HealthCare (TRHC), Cardtronics (CATM) and Uxin (UXIN).
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)
Who are CBIZ's major shareholders?
CBIZ's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (14.29%), Burgundy Asset Management Ltd. (7.69%), BlackRock Inc. (6.76%), Vanguard Group Inc. (4.40%), First Manhattan Co. (2.86%) and Renaissance Technologies LLC (1.73%). Company insiders that own CBIZ stock include Chris Spurio, Donald V Weir, 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., Investment Counselors of Maryland LLC, First Manhattan Co., ClariVest Asset Management LLC, Nordea Investment Management AB, TIAA CREF Investment Management LLC and Renaissance Technologies LLC. Company insiders that have sold CBIZ company stock in the last year include Chris Spurio, Donald V Weir, Michael P Kouzelos, Michael W Gleespen, 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, Morgan Stanley, Panagora Asset Management Inc., Bank of New York Mellon Corp, Piermont Capital Management Inc., WINTON GROUP Ltd, Allianz Asset Management GmbH and Assenagon Asset Management S.A.. 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 $20.16.
How big of a company is CBIZ?
CBIZ has a market capitalization of $1.11 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.
What is CBIZ's official website?
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.
