CBIZ (NYSE:CBZ) Updates FY 2026 Earnings Guidance

CBIZ (NYSE:CBZ) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.000-4.100 for the period, compared to the consensus earnings per share estimate of 3.790. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CBZ. Stephens set a $37.00 price objective on CBIZ in a research note on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $42.00 price objective on shares of CBIZ in a research note on Thursday. BMO Capital Markets began coverage on CBIZ in a research note on Monday, March 30th. They issued an “outperform” rating and a $33.00 price objective for the company. Zacks Research raised CBIZ from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CBIZ in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, CBIZ has a consensus rating of “Hold” and an average target price of $37.33.

CBIZ Stock Up 4.2%

CBZ traded up $1.27 on Friday, hitting $31.77. 378,063 shares of the company were exchanged, compared to its average volume of 1,204,483. CBIZ has a twelve month low of $24.29 and a twelve month high of $77.91. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 12.79, a price-to-earnings-growth ratio of 0.62 and a beta of 0.93. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $28.28 and a two-hundred day moving average price of $41.31.

CBIZ (NYSE:CBZ) last released its earnings results on Wednesday, April 29th. The business services provider reported $2.50 EPS for the quarter, topping the consensus estimate of $2.28 by $0.22. CBIZ had a return on equity of 12.71% and a net margin of 5.57%.The firm had revenue of $848.58 million during the quarter, compared to analysts’ expectations of $853.46 million. During the same period in the previous year, the firm posted $2.33 EPS. CBIZ’s revenue for the quarter was up 1.3% on a year-over-year basis. CBIZ has set its FY 2026 guidance at 4.000-4.100 EPS. On average, equities analysts predict that CBIZ will post 3.78 earnings per share for the current year.

Insider Transactions at CBIZ

In other CBIZ news, CFO Brad S. Lakhia purchased 12,775 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was bought at an average cost of $25.97 per share, with a total value of $331,766.75. Following the acquisition, the chief financial officer directly owned 148,480 shares of the company’s stock, valued at approximately $3,856,025.60. This represents a 9.41% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.10% of the stock is owned by company insiders.

Institutional Trading of CBIZ

A number of institutional investors have recently bought and sold shares of CBZ. Durable Capital Partners LP purchased a new stake in CBIZ during the 3rd quarter worth about $207,872,000. Bank of Montreal Can purchased a new stake in CBIZ during the 4th quarter worth about $113,596,000. Citadel Advisors LLC lifted its holdings in CBIZ by 253.6% during the 3rd quarter. Citadel Advisors LLC now owns 623,060 shares of the business services provider’s stock worth $32,997,000 after buying an additional 446,876 shares during the last quarter. Sunriver Management LLC lifted its holdings in CBIZ by 65.8% during the 4th quarter. Sunriver Management LLC now owns 989,349 shares of the business services provider’s stock worth $49,913,000 after buying an additional 392,587 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in CBIZ by 106.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 635,434 shares of the business services provider’s stock worth $32,058,000 after buying an additional 327,053 shares during the last quarter. 87.44% of the stock is 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.