CBIZ, Inc. (NYSE:CBZ – Get Rating) Director Joseph S. Dimartino sold 1,000 shares of CBIZ stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $40.71, for a total transaction of $40,710.00. Following the sale, the director now owns 41,872 shares in the company, valued at $1,704,609.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
NYSE:CBZ opened at $41.25 on Friday. The firm has a market cap of $2.15 billion, a PE ratio of 27.87 and a beta of 0.69. CBIZ, Inc. has a 12 month low of $30.68 and a 12 month high of $44.17. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $40.74 and its two-hundred day moving average price is $39.41.
CBIZ (NYSE:CBZ – Get Rating) last released its quarterly earnings results on Thursday, April 28th. The business services provider reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.15. The firm had revenue of $391.70 million for the quarter, compared to analyst estimates of $367.46 million. CBIZ had a net margin of 6.59% and a return on equity of 14.06%. The company’s revenue for the quarter was up 30.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 earnings per share. On average, research analysts expect that CBIZ, Inc. will post 2.03 EPS for the current fiscal year.
Several brokerages have recently weighed in on CBZ. Zacks Investment Research upgraded shares of CBIZ from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Monday, May 2nd. StockNews.com assumed coverage on shares of CBIZ in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, William Blair restated an “outperform” rating on shares of CBIZ in a research report on Wednesday, March 9th.
CBIZ Company Profile (Get Rating)
CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. The company operates through three segments: Financial Services, Benefits and Insurance Services, and National Practices. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services.
- Get a free copy of the StockNews.com research report on CBIZ (CBZ)
- These Are the Three (3) Most Upgraded Stocks For Q2
- MarketBeat: Week in Review 5/23 – 5/27
- Short Sellers Provide Entry Into Hibbet, Inc At Rock Bottom Prices
- Affirm Stock Has Affirmed a Bottom
- Airbnb: Bold Competitive Threats & A New World of Travel
Receive News & Ratings for CBIZ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBIZ and related companies with MarketBeat.com's FREE daily email newsletter.