CBIZ, Inc. (NYSE:CBZ) Given Average Rating of “Moderate Buy” by Analysts

CBIZ, Inc. (NYSE:CBZ) has earned an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $39.25.

CBZ has been the subject of several analyst reports. BMO Capital Markets assumed coverage on shares of CBIZ in a report on Monday, March 30th. They issued an “outperform” rating and a $33.00 price objective for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $42.00 price target on shares of CBIZ in a report on Thursday, April 30th. Weiss Ratings upgraded CBIZ from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Zacks Research raised CBIZ from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Finally, Barrington Research initiated coverage on CBIZ in a report on Wednesday, June 24th. They set an “outperform” rating and a $45.00 target price for the company.

CBIZ Trading Up 4.6%

Shares of CBZ opened at $36.98 on Wednesday. The business has a 50-day moving average of $32.21 and a 200 day moving average of $34.74. CBIZ has a fifty-two week low of $24.29 and a fifty-two week high of $77.91. The firm has a market cap of $1.98 billion, a P/E ratio of 14.85, a price-to-earnings-growth ratio of 0.75 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.63 and a current ratio of 1.63.

CBIZ (NYSE:CBZ) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $2.50 EPS for the quarter, beating the consensus estimate of $2.28 by $0.22. CBIZ had a net margin of 5.57% and a return on equity of 12.62%. The business had revenue of $848.58 million for the quarter, compared to the consensus estimate of $853.46 million. During the same period in the prior year, the firm earned $2.33 earnings per share. The company’s revenue was up 1.3% compared to the same quarter last year. CBIZ has set its FY 2026 guidance at 4.000-4.100 EPS. As a group, research analysts forecast that CBIZ will post 4.07 EPS for the current year.

Institutional Trading of CBIZ

Institutional investors and hedge funds have recently bought and sold shares of the company. Durable Capital Partners LP purchased a new position in shares of CBIZ during the 3rd quarter valued at $207,872,000. 22C Capital LLC bought a new position in shares of CBIZ in the fourth quarter worth $161,554,000. Bank of Montreal Can purchased a new stake in shares of CBIZ in the fourth quarter worth $113,596,000. P2 Capital Partners LLC boosted its stake in CBIZ by 3.3% during the fourth quarter. P2 Capital Partners LLC now owns 1,773,391 shares of the business services provider’s stock valued at $89,468,000 after buying an additional 57,066 shares during the period. Finally, State Street Corp boosted its stake in CBIZ by 4.6% during the second quarter. State Street Corp now owns 1,210,801 shares of the business services provider’s stock valued at $86,827,000 after buying an additional 53,099 shares during the period. 87.44% of the stock is currently owned by hedge funds and other institutional investors.

About CBIZ

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.