CBIZ (NYSE:CBZ) Announces Quarterly Earnings Results

CBIZ (NYSE:CBZ) posted its quarterly earnings data on Wednesday. The business services provider reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.19, Zacks reports. CBIZ had a return on equity of 12.62% and a net margin of 5.57%.The business had revenue of $682.21 million for the quarter, compared to analysts’ expectations of $697.96 million. During the same period in the previous year, the firm posted $0.95 EPS. The business’s revenue was down .2% on a year-over-year basis.

CBIZ Stock Up 0.3%

Shares of CBIZ stock traded up $0.19 during midday trading on Thursday, hitting $55.09. The company had a trading volume of 1,078,885 shares, compared to its average volume of 1,127,052. CBIZ has a 52-week low of $24.29 and a 52-week high of $76.70. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.63 and a current ratio of 1.63. The stock has a market capitalization of $2.96 billion, a P/E ratio of 22.12, a P/E/G ratio of 0.99 and a beta of 0.99. The company has a 50 day moving average of $35.82 and a 200 day moving average of $33.56.

Institutional Investors Weigh In On CBIZ

Several hedge funds have recently added to or reduced their stakes in CBZ. Caitong International Asset Management Co. Ltd increased its holdings in shares of CBIZ by 377.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 559 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 442 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new position in CBIZ in the 2nd quarter worth about $37,000. Danske Bank A S bought a new position in CBIZ in the 3rd quarter worth about $42,000. EverSource Wealth Advisors LLC boosted its stake in CBIZ by 165.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 722 shares of the business services provider’s stock worth $52,000 after purchasing an additional 450 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in CBIZ during the 3rd quarter valued at about $53,000. 87.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CBZ has been the subject of a number of research analyst reports. CJS Securities cut CBIZ to a “market perform” rating in a research note on Thursday. Stephens set a $37.00 price target on CBIZ in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $42.00 price objective on shares of CBIZ in a research report on Thursday, April 30th. Weiss Ratings raised shares of CBIZ from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, Barrington Research assumed coverage on shares of CBIZ in a research note on Wednesday, June 24th. They issued an “outperform” rating and a $45.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.25.

Trending Headlines about CBIZ

Here are the key news stories impacting CBIZ this week:

• Positive Sentiment: Takeover agreement: Grant Thornton Advisors, backed by New Mountain Capital, agreed to acquire CBIZ for $55 per share in cash. The transaction is expected to create the fifth-largest U.S. accounting and advisory firm and is expected to close in the fourth quarter of 2026, subject to shareholder, regulatory and other approvals. Grant Thornton takeover article
• Positive Sentiment: Adjusted earnings beat: Second-quarter adjusted diluted EPS was $0.91, exceeding consensus estimates of approximately $0.72-$0.73. First-half adjusted EPS rose 3.6% year over year, while operating and free cash flow improved significantly. CBIZ financial results
• Neutral Sentiment: Merger-arbitrage dynamics: With the stock trading near the $55 cash consideration, further upside may depend largely on deal completion rather than CBIZ’s standalone earnings outlook. The company withdrew fiscal 2026 guidance and suspended additional updates following the transaction announcement.
• Negative Sentiment: Mixed quarterly performance: Revenue of $682.2 million fell slightly year over year and missed estimates by about $15.8 million. Second-quarter net income declined 55.6%, GAAP EPS fell to $0.31 from $0.66, and adjusted EBITDA decreased 14.3%. CBIZ earnings estimates article
• Negative Sentiment: Shareholder investigations: Several law firms announced investigations into whether CBIZ directors fulfilled their fiduciary duties and obtained a fair price for shareholders. These actions could add uncertainty, although they do not currently alter the announced $55-per-share terms. Ademi shareholder investigation

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.