William Blair Issues Negative Forecast for CBIZ Earnings

CBIZ, Inc. (NYSE:CBZ) – Investment analysts at William Blair cut their Q4 2026 earnings estimates for CBIZ in a research report issued on Wednesday, June 4th. William Blair analyst A. Nicholas now expects that the business services provider will post earnings per share of ($0.45) for the quarter, down from their previous forecast of ($0.42). William Blair currently has a “Outperform” rating on the stock. The consensus estimate for CBIZ’s current full-year earnings is $2.65 per share.

Separately, Wall Street Zen downgraded shares of CBIZ from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th.

CBIZ Stock Performance

NYSE:CBZ opened at $72.67 on Monday. The company’s 50-day moving average price is $73.07 and its 200-day moving average price is $78.04. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.36. The company has a market cap of $3.95 billion, a P/E ratio of 30.79 and a beta of 0.93. CBIZ has a twelve month low of $62.66 and a twelve month high of $90.13.

CBIZ (NYSE:CBZ) last announced its earnings results on Thursday, April 24th. The business services provider reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.18. CBIZ had a net margin of 7.08% and a return on equity of 15.12%. The business had revenue of $838.01 million for the quarter, compared to analyst estimates of $860.25 million. During the same quarter last year, the business earned $1.54 earnings per share. The company’s revenue for the quarter was up 69.5% compared to the same quarter last year.

Hedge Funds Weigh In On CBIZ

Several hedge funds and other institutional investors have recently modified their holdings of the business. Arizona State Retirement System raised its stake in CBIZ by 1.0% during the fourth quarter. Arizona State Retirement System now owns 13,112 shares of the business services provider’s stock worth $1,073,000 after purchasing an additional 125 shares during the period. Corient Private Wealth LLC raised its stake in CBIZ by 1.4% during the fourth quarter. Corient Private Wealth LLC now owns 9,510 shares of the business services provider’s stock worth $778,000 after purchasing an additional 128 shares during the period. Kensington Investment Counsel LLC raised its stake in CBIZ by 0.7% during the fourth quarter. Kensington Investment Counsel LLC now owns 20,211 shares of the business services provider’s stock worth $1,654,000 after purchasing an additional 132 shares during the period. Vestcor Inc raised its stake in CBIZ by 5.3% during the first quarter. Vestcor Inc now owns 2,922 shares of the business services provider’s stock worth $222,000 after purchasing an additional 148 shares during the period. Finally, Assetmark Inc. raised its stake in CBIZ by 19.9% during the first quarter. Assetmark Inc. now owns 905 shares of the business services provider’s stock worth $69,000 after purchasing an additional 150 shares during the period. 87.44% of the stock is owned by hedge funds and other institutional investors.

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.