CBZ - CBIZ Inc Stock Price, Fair Value and News

75.51USD-2.82 (-3.60%)Market Closed

Market Summary

USD75.51-2.82

Market Closed

-3.60%

CBZ Stock Price

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CBZ RSI Chart

CBZ Valuation

Market Cap

3.7B

Price/Earnings (Trailing)

30.07

Price/Sales (Trailing)

2.3

EV/EBITDA

17.7

Price/Free Cashflow

34.17

CBZ Price/Sales (Trailing)

CBZ Profitability

Operating Margin

13.94%

EBT Margin

10.47%

Return on Equity

14.38%

Return on Assets

5.68%

Free Cashflow Yield

2.93%

CBZ Fundamentals

CBZ Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

8.73%

Rev. Growth (Qtr)

50.91%

CBZ Earnings

Earnings (TTM)

124.7M

Earnings Growth (Yr)

5.09%

Earnings Growth (Qtr)

703.63%

Breaking Down CBZ Revenue

Last 7 days

1.7%

Last 30 days

-3.2%

Last 90 days

15.9%

Trailing 12 Months

47.6%

How does CBZ drawdown profile look like?

CBZ Financial Health

Current Ratio

1.54

Debt/Equity

0.5

Debt/Cashflow

0.31

CBZ Investor Care

Buy Backs (1Y)

0.64%

Diluted EPS (TTM)

2.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.6B	0	0	0
2023	1.5B	1.5B	1.6B	1.6B
2022	1.2B	1.3B	1.4B	1.4B
2021	987.2M	1.0B	1.1B	1.1B
2020	955.9M	957.3M	955.9M	963.9M
2019	925.9M	928.8M	944.3M	948.4M
2018	880.0M	901.6M	918.1M	922.0M
2017	817.1M	831.1M	839.0M	855.3M
2016	760.8M	772.8M	785.5M	799.8M
2015	728.6M	736.2M	743.0M	750.4M
2014	684.8M	694.0M	709.1M	719.5M
2013	636.3M	650.7M	666.5M	677.2M
2012	711.1M	681.5M	653.5M	626.5M
2011	731.1M	734.5M	735.9M	733.8M
2010	0	734.7M	732.5M	730.4M
2009	0	0	0	736.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of CBIZ Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 11, 2024	spurio chris	acquired	-	-	10,084	president, financial services
Feb 11, 2024	grisko jerome p	acquired	-	-	23,017	ceo & president
Feb 11, 2024	kouzelos michael p	sold (taxes)	-270,358	66.07	-4,092	president, employee services
Feb 11, 2024	spurio chris	sold (taxes)	-298,901	66.07	-4,524	president, financial services
Feb 11, 2024	grove ware h	sold (taxes)	-295,003	66.07	-4,465	c.f.o.
Feb 11, 2024	grisko jerome p	sold (taxes)	-682,107	66.07	-10,324	ceo & president
Feb 11, 2024	kouzelos michael p	acquired	-	-	9,122	president, employee services
Feb 11, 2024	grove ware h	acquired	-	-	9,953	c.f.o.
Feb 09, 2024	grisko jerome p	sold (taxes)	-2,410,960	66.07	-36,491	ceo & president
Feb 09, 2024	kouzelos michael p	sold (taxes)	-955,438	66.07	-14,461	president, employee services

Which funds bought or sold CBZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	COUNTRY CLUB BANK /GFN	unchanged	-	105,147	519,120	0.04%
Apr 24, 2024	BROWN ADVISORY INC	sold off	-100	-1,446,960	-	-%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-62.28	-267,000	236,000	-%
Apr 24, 2024	ACORN CREEK CAPITAL LLC	sold off	-100	-203,418	-	-%
Apr 24, 2024	Simplicity Wealth,LLC	new	-	297,908	297,908	0.01%
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-76.91	-4,159,260	1,695,600	-%
Apr 24, 2024	HMS Capital Management, LLC	added	0.75	116,072	556,330	0.31%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-63.00	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-76.66	-307,000	127,000	-%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	reduced	-0.34	924,854	4,625,610	0.26%

Are Funds Buying or Selling CBZ?

Are funds buying CBZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CBZ

No. of Funds

Unveiling CBIZ Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.45%	2,718,316	SC 13G/A
Feb 12, 2024	morgan stanley	6.9%	3,448,346	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	4.7%	2,318,331	SC 13G/A
Jan 26, 2024	p2 capital partners, llc	4.8%	2,390,997	SC 13D/A
Jan 26, 2024	blackrock inc.	7.1%	3,542,696	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.9%	3,491,632	SC 13G/A
Feb 09, 2023	vanguard group inc	5.13%	2,606,788	SC 13G
Feb 08, 2023	morgan stanley	7.3%	3,722,133	SC 13G/A
Feb 01, 2023	blackrock inc.	6.5%	3,298,428	SC 13G/A
Jan 12, 2023	allspring global investments holdings, llc	3.63%	1,845,029	SC 13G/A

Recent SEC filings of CBIZ Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Mar 25, 2024	ARS	ARS
Mar 25, 2024	DEF 14A	DEF 14A
Mar 25, 2024	DEFA14A	DEFA14A
Feb 23, 2024	10-K	Annual Report
Feb 15, 2024	8-K	Current Report
Feb 13, 2024	4	Insider Trading
Feb 13, 2024	4	Insider Trading
Feb 13, 2024	4	Insider Trading

Peers (Alternatives to CBIZ Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.2B	18.6B	0.54%	16.87%	28.45	5.45	7.76%	13.08%
CTAS	67.5B	9.4B	4.99%	51.27%	44.88	7.17	9.34%	15.98%
CPRT	53.1B	4.1B	-3.43%	43.35%	39.17	13.09	10.52%	25.37%
EFX	28.0B	5.4B	-13.11%	13.93%	50.15	5.23	5.76%	-4.95%
BAH	18.9B	10.3B	-1.11%	54.68%	46.13	1.83	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.38%	16.13%	20.25	3.02	4.33%	10.65%
MID-CAP
RHI	7.4B	6.4B	-8.82%	-0.04%	18.07	1.16	-11.68%	-37.51%
AL	5.7B	2.7B	2.50%	33.81%	9.32	2.13	15.87%	733.47%
SRCL	4.6B	2.6B	-11.83%	10.13%	-237.52	1.75	-3.11%	-123.81%
ABM	2.8B	8.2B	1.37%	8.46%	10.9	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-4.31%	99.08%	21.53	0.69	104.63%	175.67%
ALTG	375.6M	1.9B	-10.76%	-16.91%	42.2	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	-0.36%	-8.97%	14.23	0.42	-1.68%	-25.77%
AQMS	56.0M	1.1M	-5.66%	-56.14%	-2.34	49.78	336.95%	-55.13%
AWX	8.6M	80.5M	-2.22%	-18.12%	-4.77	0.11	-0.82%	-207.00%

CBIZ Inc News

Latest updates

CBIZ Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	50.9%	494	328	411	399	455	295	363	362	392	243	283	279	301	211	238	237	277	203	240	235	270
Cost Of Revenue	10.5%	376	341	342	344	341	303	306	290	290	246	238	237	224	212	205	209	200	201	209	198	215
Gross Profit	986.0%	118	-13.30	68.00	55.00	114	-7.52	57.00	72.00	101	-3.57	44.00	42.00	77.00	-0.64	34.00	28.00	78.00	2.00	31.00	37.00	55.00
S&GA Expenses	-100.0%	-	13.00	13.00	16.00	16.00	12.00	16.00	11.00	16.00	15.00	13.00	14.00	14.00	13.00	11.00	11.00	10.00	10.00	12.00	11.00	12.00
EBITDA Margin	0.3%	0.14*	0.14*	0.14*	0.14*	0.14*	0.13*	0.13*	0.13*	0.11*	0.11*	0.12*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	-11.7%	5.00	5.00	6.00	6.00	4.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	1.00	1.00	2.00	2.00	1.00
Income Taxes	528.5%	27.00	-6.33	14.00	12.00	26.00	-4.95	9.00	13.00	19.00	-3.97	8.00	3.00	16.00	-1.98	7.00	7.00	13.00	-3.16	6.00	5.00	14.00
Earnings Before Taxes	645.5%	104	-19.07	47.00	39.00	100	-16.45	37.00	44.00	77.00	-13.61	29.00	11.00	66.00	-2.07	27.00	28.00	50.00	-4.30	24.00	22.00	51.00
EBT Margin	0.2%	0.10*	0.10*	0.11*	0.10*	0.11*	0.10*	0.11*	0.11*	0.09*	0.08*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	703.6%	77.00	-12.74	34.00	27.00	73.00	-11.50	27.00	31.00	58.00	-9.62	22.00	9.00	50.00	-0.09	20.00	21.00	37.00	-1.15	18.00	17.00	37.00
Net Income Margin	0.6%	0.08*	0.08*	0.08*	0.08*	0.08*	0.07*	0.08*	0.08*	0.07*	0.06*	0.07*	0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	-174.6%	-68.84	92.00	20.00	66.00	-48.11	63.00	29.00	77.00	-51.72	48.00	11.00	79.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	9.8%	2,197	2,000	2,074	2,089	2,038	1,879	1,900	1,973	1,942	1,628	1,713	1,657	1,552	1,514	1,425	1,428	1,617	1,401	1,397	1,377	1,377
Current Assets	17.9%	722	613	666	686	650	568	583	654	612	452	535	509	471	436	426	472	676	456	448	458	458
Cash Equivalents	1580.0%	136	8.00	1.00	4.00	2.00	5.00	2.00	4.00	1.00	2.00	3.00	5.00	7.00	170	6.00	10.00	217	147	3.00	3.00	2.00
Net PPE	1.7%	58.00	57.00	55.00	51.00	47.00	45.00	45.00	46.00	43.00	43.00	43.00	40.00	40.00	41.00	42.00	40.00	40.00	39.00	38.00	37.00	37.00
Liabilities	6.2%	1,330	1,252	1,264	1,313	1,266	1,166	1,125	1,208	1,183	923	992	944	824	811	707	732	946	742	741	743	754
Current Liabilities	-8.2%	470	512	474	501	461	512	459	531	458	423	442	424	334	378	298	333	309	366	310	325	311
Long Term Debt	40.4%	436	311	393	409	402	264	269	264	299	155	190	163	161	107	109	119	382	104	159	158	181
LT Debt, Non Current	-100.0%	-	311	393	409	402	264	269	264	299	155	190	163	161	107	109	119	382	104	159	158	181
Shareholder's Equity	9.5%	867	792	811	776	772	713	774	765	760	705	721	712	728	703	718	695	670	659	656	634	623
Retained Earnings	9.0%	932	855	868	834	807	734	746	718	687	629	638	617	608	558	558	538	516	480	481	463	446
Additional Paid-In Capital	1.1%	841	832	829	819	815	799	794	781	778	770	765	757	749	741	732	725	720	715	706	701	696
Shares Outstanding	0.5%	50.00	50.00	50.00	50.00	50.00	50.00	52.00	52.00	52.00	53.00	53.00	53.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,600	-	-	-	2,000	-	-	-	1,660	-	-	-	1,200	-	-	-	1,000	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-166.2%	-63,720	96,253	27,525	74,240	-44,511	66,073	31,551	79,398	-50,890	50,208	14,652	81,121	-14,827	65,049	26,273	74,170	-18,647	48,771	29,834	44,333	-24,753
Share Based Compensation	2.8%	2,638	2,565	3,102	2,788	3,831	2,702	5,559	2,739	3,689	3,048	2,905	2,599	2,855	2,104	2,485	2,257	2,023	1,996	1,859	1,917	1,482
Cashflow From Investing	-938.8%	-28,702	-2,763	-11,013	-19,721	-45,896	-3,568	-5,794	-8,225	-81,531	-11,282	-30,591	-40,366	229	-36,915	-22,298	8,452	4,355	-2,994	-13,812	-1,143	-9,736
Cashflow From Financing	221.3%	71,188	-58,669	-40,235	-39,985	61,778	-23,368	-85,630	-78,791	170,446	-70,683	44,260	-39,622	-2,960	17,449	-23,498	-278,332	207,772	1,924	-14,397	-52,101	10,025
Buy Backs	-100.0%	-	7,642	8,972	28,988	19,776	56,562	31,622	29,155	5,199	12,500	20,444	32,828	31,678	24,413	3,054	-458	29,487	4,337	1,094	10,174	11,558

CBZ Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Revenue	$ 1,591,194	$ 1,411,979	$ 1,104,925
Operating expenses	1,367,990	1,188,612	945,635
Gross margin	223,204	223,367	159,290
Corporate general and administrative expenses	57,965	55,023	56,150
Legal settlement, net	0	0	30,468
Operating income	165,239	168,344	72,672
Other income (expense):
Interest expense	(20,131)	(8,039)	(3,868)
Gain on sale of operations, net	176	413	5,995
Other income (expense), net	21,019	(19,243)	18,217
Total other income (expense), net	1,064	(26,869)	20,344
Income before income tax expense	166,303	141,475	93,016
Income tax expense	45,335	36,121	22,129
Net income	$ 120,968	$ 105,354	$ 70,887
Earnings per share:
Basic (in dollars per share)	$ 2.42	$ 2.05	$ 1.35
Diluted (in dollars per share)	$ 2.39	$ 2.01	$ 1.32
Basic weighted average common shares outstanding (in shares)	49,989	51,502	52,637
Diluted weighted average common shares outstanding (in shares)	50,557	52,388	53,723
Comprehensive income:
Net income	$ 120,968	$ 105,354	$ 70,887
Other comprehensive income (loss):
Net unrealized gain (loss) on available-for-sale securities, net of income tax expense (benefit) of $403, $(520) and $(179)	1,013	(1,391)	(478)
Net unrealized (loss) gain on interest rate swaps, net of income tax (benefit) expense of $(952), $1,965 and $577	(2,821)	5,986	1,799
Foreign currency translation	(18)	(24)	(19)
Total other comprehensive (loss) income	(1,826)	4,571	1,302
Total comprehensive income	$ 119,142	$ 109,925	$ 72,189

CBZ Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 8,090	$ 4,697
Restricted cash	30,362	28,487
Accounts receivable, net	380,152	334,498
Other current assets	34,895	29,431
Current assets before funds held for clients	453,499	397,113
Funds held for clients	159,186	171,313
Total current assets	612,685	568,426
Non-current assets:
Property and equipment, net	57,012	45,184
Goodwill and other intangible assets, net	1,008,604	951,702
Assets of deferred compensation plan	143,499	118,862
Right-of-use asset	211,024	184,043
Other non-current assets	10,768	10,907
Total non-current assets	1,430,907	1,310,698
Total assets	2,043,592	1,879,124
Current liabilities:
Accounts payable	82,831	80,725
Income taxes payable	2,097	1,607
Accrued personnel costs	133,593	130,456
Contingent purchase price liability	66,287	63,262
Lease liability	36,283	36,358
Other current liabilities	30,937	26,532
Current liabilities before client fund obligations	352,028	338,940
Client fund obligations	159,893	173,467
Total current liabilities	511,921	512,407
Non-current liabilities:
Bank debt	312,400	265,700
Debt issuance costs	(1,574)	(2,046)
Total long-term debt	310,826	263,654
Income taxes payable	1,984	2,211
Deferred income taxes, net	29,287	24,763
Deferred compensation plan obligations	143,499	118,862
Contingent purchase price liability	48,659	68,748
Lease liability	203,905	174,454
Other non-current liabilities	1,893	573
Total non-current liabilities	740,053	653,265
Total liabilities	1,251,974	1,165,672
STOCKHOLDERS’ EQUITY
Common stock, par value $0.01 per share; shares authorized 250,000; shares issued 137,387 and 136,295; shares outstanding 49,814 and 50,180	1,374	1,363
Additional paid-in capital	832,475	799,147
Retained earnings	855,084	734,116
Treasury stock, 87,573 and 86,115 shares	(899,093)	(824,778)
Accumulated other comprehensive income	1,778	3,604
Total stockholders’ equity	791,618	713,452
Total liabilities and stockholders’ equity	$ 2,043,592	$ 1,879,124

About CBIZ Inc

CBIZ, Inc. provides financial, insurance, and advisory services in the United States and Canada. It 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. The Benefits and Insurance Services provides employee benefits consulting, payroll/human capital management, property and casualty insurance, and retirement and investment services. The National Practices segment offers information technology managed networking and hardware, and health care consulting services. The company primarily serves small and medium-sized businesses, as well as individuals, governmental entities, and not-for-profit enterprises. CBIZ, Inc. was incorporated in 1987 and is headquartered in Cleveland, Ohio.

CEO	Mr. Jerome P. Grisko Jr.
WEBSITE	cbiz.com
INDUSTRY	Information Technology Services
EMPLOYEES	6500

CBIZ Inc Frequently Asked Questions

What is the ticker symbol for CBIZ Inc? What does CBZ stand for in stocks?

CBZ is the stock ticker symbol of CBIZ Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CBIZ Inc (CBZ)?

As of Thu Apr 25 2024, market cap of CBIZ Inc is 3.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CBZ stock?

You can check CBZ's fair value in chart for subscribers.

What is the fair value of CBZ stock?

You can check CBZ's fair value in chart for subscribers. The fair value of CBIZ Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CBIZ Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CBZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CBIZ Inc a good stock to buy?

The fair value guage provides a quick view whether CBZ is over valued or under valued. Whether CBIZ Inc is cheap or expensive depends on the assumptions which impact CBIZ Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CBZ.

What is CBIZ Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, CBZ's PE ratio (Price to Earnings) is 31.23 and Price to Sales (PS) ratio is 2.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CBZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CBIZ Inc's stock?

In the past 10 years, CBIZ Inc has provided 0.246 (multiply by 100 for percentage) rate of return.