CBIZ, Inc. (NYSE:CBZ) Receives Consensus Recommendation of “Moderate Buy” from Analysts

CBIZ, Inc. (NYSE:CBZ) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $46.50.

A number of research analysts have commented on CBZ shares. BMO Capital Markets assumed coverage on shares of CBIZ in a research note on Monday, March 30th. They issued an “outperform” rating and a $33.00 price objective on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on CBIZ in a research report on Monday, January 12th. They issued a “hold” rating and a $60.00 price target on the stock. Zacks Research raised CBIZ from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CBIZ in a research note on Wednesday, January 21st. Finally, CJS Securities raised CBIZ to a “strong-buy” rating in a report on Thursday, December 11th.

CBIZ Trading Down 0.1%

NYSE:CBZ opened at $27.58 on Monday. The company has a market capitalization of $1.52 billion, a PE ratio of 15.58, a P/E/G ratio of 0.52 and a beta of 0.93. CBIZ has a 52-week low of $24.29 and a 52-week high of $80.65. The stock’s 50 day moving average price is $30.07 and its 200 day moving average price is $44.39. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.79.

CBIZ (NYSE:CBZ) last announced its earnings results on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.04). CBIZ had a return on equity of 12.23% and a net margin of 4.19%.The business had revenue of $542.66 million for the quarter, compared to analysts’ expectations of $578.02 million. During the same quarter last year, the business posted ($0.20) earnings per share. The business’s revenue was up 17.9% on a year-over-year basis. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. On average, research analysts anticipate that CBIZ will post 2.65 EPS for the current year.

Insider Transactions at CBIZ

In other news, CFO Brad S. Lakhia acquired 12,775 shares of the business’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of $25.97 per share, for a total transaction of $331,766.75. Following the transaction, the chief financial officer owned 148,480 shares in the company, valued at $3,856,025.60. This represents a 9.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 4.95% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Durable Capital Partners LP acquired a new position in CBIZ during the 3rd quarter worth approximately $207,872,000. 22C Capital LLC purchased a new stake in CBIZ during the fourth quarter worth about $161,554,000. Bank of Montreal Can acquired a new position in CBIZ during the fourth quarter worth about $113,596,000. SG Americas Securities LLC acquired a new stake in shares of CBIZ during the 4th quarter valued at approximately $35,653,000. Finally, Sunriver Management LLC acquired a new stake in shares of CBIZ during the 3rd quarter valued at approximately $31,605,000. 87.44% of the stock is currently owned by institutional investors and hedge funds.

CBIZ Company Profile

CBIZ, Inc (NYSE: CBZ), founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.

Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.