CBIZ Upgraded by Zacks to Outperform (CBZ)
CBIZ (NYSE:CBZ) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Friday. The firm currently has a $10.00 price target on the stock. Zacks‘s price objective points to a potential upside of 23.92% from the stock’s previous close.
CBIZ (NYSE:CBZ) opened at 8.07 on Friday. CBIZ has a one year low of $6.54 and a one year high of $9.45. The stock has a 50-day moving average of $8.74 and a 200-day moving average of $8.81. The company has a market cap of $420.1 million and a price-to-earnings ratio of 5.04.
CBIZ (NYSE:CBZ) last released its earnings data on Tuesday, July 29th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.01. The company had revenue of $480.90 million for the quarter, compared to the consensus estimate of $182.20 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts expect that CBIZ will post $0.54 EPS for the current fiscal year.
CBIZ, Inc (NYSE:CBZ) provides professional business services, products and solutions.
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