CBIZ (NYSE:CBZ) Releases FY 2026 Earnings Guidance

CBIZ (NYSE:CBZ) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.000-4.100 for the period, compared to the consensus 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 analysts have issued reports on CBZ shares. Stephens started coverage on shares of CBIZ in a research note on Friday, April 10th. They issued an “equal weight” rating and a $31.00 target price for the company. BMO Capital Markets started coverage on shares of CBIZ in a research note on Monday, March 30th. They issued an “outperform” rating and a $33.00 target price for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of CBIZ in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of CBIZ in a research note on Monday, January 12th. They issued a “hold” rating and a $60.00 price objective for the company. Finally, Zacks Research upgraded shares of CBIZ from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, CBIZ has an average rating of “Hold” and an average target price of $41.33.

CBIZ Stock Performance

CBZ stock traded up $0.76 on Wednesday, reaching $33.24. 1,411,154 shares of the company were exchanged, compared to its average volume of 1,188,509. CBIZ has a 12 month low of $24.29 and a 12 month high of $77.91. The stock’s fifty day moving average price is $28.20 and its 200 day moving average price is $41.45. The firm has a market capitalization of $1.82 billion, a PE ratio of 18.78, a PEG ratio of 0.58 and a beta of 0.93. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.22 and a quick ratio of 1.22.

CBIZ (NYSE:CBZ) last announced its earnings results on Wednesday, April 29th. The business services provider reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $1.70. The business had revenue of $848.58 million for the quarter, compared to analyst estimates of $700.07 million. CBIZ had a net margin of 4.19% and a return on equity of 12.23%. CBIZ has set its FY 2026 guidance at 4.000-4.100 EPS. On average, research analysts anticipate that CBIZ will post 3.78 EPS for the current fiscal year.

Insider Transactions at CBIZ

In other CBIZ news, CFO Brad S. Lakhia purchased 12,775 shares of the stock in a transaction on Friday, March 13th. The shares were purchased at an average price 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 $3,856,025.60. This represents a 9.41% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On CBIZ

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

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.