CBIZ (CBZ) Set to Announce Earnings on Tuesday

CBIZ (NYSE:CBZ) will release its earnings data before the market opens on Tuesday, October 29th. Analysts expect CBIZ to post earnings of $0.75 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

CBIZ (NYSE:CBZ) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.29). CBIZ had a net margin of 7.12% and a return on equity of 14.58%. The business had revenue of $420.00 million during the quarter, compared to analyst estimates of $430.38 million. During the same period last year, the firm posted $0.55 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. On average, analysts expect CBIZ to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CBIZ Stock Performance

Shares of CBZ stock opened at $66.39 on Friday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The business has a 50 day moving average of $67.97 and a two-hundred day moving average of $72.95. The company has a market cap of $3.33 billion, a P/E ratio of 28.49 and a beta of 0.92. CBIZ has a 52 week low of $49.15 and a 52 week high of $86.36.

Analysts Set New Price Targets

CBZ has been the topic of a number of recent research reports. StockNews.com cut CBIZ from a “hold” rating to a “sell” rating in a research note on Thursday, September 5th. Sidoti raised shares of CBIZ from a “neutral” rating to a “buy” rating and boosted their target price for the company from $80.00 to $86.00 in a research note on Monday, August 12th.

About CBIZ

CBIZ, Inc provides financial, insurance, and advisory services in the United States and Canada. It operates through Financial Services, Benefits and Insurance Services, and National Practices segments. The Financial Services segment offers accounting and tax, financial advisory, valuation, risk and advisory, and government healthcare consulting services.