Analysts predict that CBIZ, Inc. (NYSE:CBZ) will post earnings of $0.01 per share for the current quarter, Zacks Investment Research reports. Zero analysts have provided estimates for CBIZ’s earnings. CBIZ posted earnings per share of ($0.01) during the same quarter last year, which would indicate a positive year over year growth rate of 200%. The company is expected to announce its next earnings results on Thursday, February 15th.

On average, analysts expect that CBIZ will report full year earnings of $0.84 per share for the current fiscal year. For the next financial year, analysts anticipate that the firm will post earnings of $0.90 per share. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for CBIZ.

CBIZ (NYSE:CBZ) last announced its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.04). The business had revenue of $207.70 million for the quarter, compared to analyst estimates of $212.66 million. CBIZ had a return on equity of 8.94% and a net margin of 5.34%. CBIZ’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the firm earned $0.20 EPS.

Several equities analysts have recently commented on the company. Zacks Investment Research raised CBIZ from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. ValuEngine downgraded CBIZ from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

In related news, insider Michael P. Kouzelos sold 35,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $14.95, for a total value of $523,250.00. Following the completion of the sale, the insider now directly owns 287,972 shares in the company, valued at $4,305,181.40. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Steven L. Gerard sold 33,731 shares of the company’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $15.02, for a total value of $506,639.62. Following the sale, the director now owns 349,363 shares of the company’s stock, valued at $5,247,432.26. The disclosure for this sale can be found here. Over the last quarter, insiders sold 105,053 shares of company stock valued at $1,575,512. 6.90% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in CBIZ by 209.1% during the second quarter. Goldman Sachs Group Inc. now owns 227,963 shares of the business services provider’s stock worth $3,419,000 after purchasing an additional 154,207 shares during the last quarter. Vanguard Group Inc. lifted its stake in CBIZ by 4.9% during the second quarter. Vanguard Group Inc. now owns 2,302,818 shares of the business services provider’s stock worth $34,542,000 after purchasing an additional 108,000 shares during the last quarter. Legal & General Group Plc lifted its stake in CBIZ by 49.6% during the second quarter. Legal & General Group Plc now owns 18,360 shares of the business services provider’s stock worth $276,000 after purchasing an additional 6,091 shares during the last quarter. Macquarie Group Ltd. bought a new stake in CBIZ during the third quarter worth $365,000. Finally, Citadel Advisors LLC lifted its stake in shares of CBIZ by 73.0% in the 2nd quarter. Citadel Advisors LLC now owns 46,391 shares of the business services provider’s stock valued at $696,000 after acquiring an additional 19,576 shares during the last quarter. Hedge funds and other institutional investors own 84.14% of the company’s stock.

CBIZ (NYSE CBZ) opened at $15.95 on Monday. The firm has a market capitalization of $874.87, a P/E ratio of 19.69 and a beta of 0.79. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.39. CBIZ has a 12-month low of $12.70 and a 12-month high of $17.25.

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CBIZ Company Profile

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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