News coverage about CBIZ (NYSE:CBZ) has trended somewhat negative recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CBIZ earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 76 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the next several days.
A number of brokerages have recently issued reports on CBZ. Zacks Investment Research downgraded shares of CBIZ from a “buy” rating to a “hold” rating in a report on Tuesday, June 6th. ValuEngine raised shares of CBIZ from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
CBIZ (NYSE CBZ) traded up 0.32% during trading on Monday, hitting $15.50. 169,514 shares of the company were exchanged. The stock has a market capitalization of $829.45 million, a PE ratio of 19.40 and a beta of 0.91. The firm’s 50 day moving average price is $15.13 and its 200-day moving average price is $14.15. CBIZ has a 1-year low of $10.70 and a 1-year high of $15.90.
CBIZ (NYSE:CBZ) last issued its quarterly earnings results on Thursday, April 27th. The business services provider reported $0.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.02. CBIZ had a net margin of 5.28% and a return on equity of 9.10%. The company had revenue of $241.46 million for the quarter, compared to the consensus estimate of $241.95 million. During the same quarter in the prior year, the company earned $0.41 EPS. CBIZ’s quarterly revenue was up 7.7% on a year-over-year basis. Equities analysts predict that CBIZ will post $0.83 EPS for the current year.
In related news, Director Steven L. Gerard sold 14,500 shares of the stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $15.53, for a total value of $225,185.00. Following the transaction, the director now owns 333,483 shares in the company, valued at approximately $5,178,990.99. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Steven L. Gerard sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $15.50, for a total value of $31,000.00. Following the completion of the sale, the director now owns 325,483 shares in the company, valued at approximately $5,044,986.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 235,521 shares of company stock worth $3,628,303. 7.20% of the stock is owned by corporate insiders.
CBIZ, Inc (CBIZ) is engaged in the professional services business. The Company operates its professional services business through acquiring and integrating accounting and financial service providers, group health benefits consulting firms, property and casualty brokerage firms, payroll service providers, and valuation and other service firms throughout the United States.
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