CBIZ, Inc. (NYSE:CBZ) Director Benaree Pratt Wiley sold 2,100 shares of the business’s stock in a transaction that occurred on Monday, October 11th. The stock was sold at an average price of $33.83, for a total transaction of $71,043.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of CBZ stock traded down $0.34 during trading hours on Wednesday, hitting $34.51. The company’s stock had a trading volume of 87,627 shares, compared to its average volume of 180,858. The company has a 50 day moving average of $33.14 and a 200 day moving average of $33.04. The stock has a market cap of $1.82 billion, a PE ratio of 23.94 and a beta of 0.68. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.23. CBIZ, Inc. has a 12-month low of $22.00 and a 12-month high of $35.45.
CBIZ (NYSE:CBZ) last released its quarterly earnings data on Wednesday, July 28th. The business services provider reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. The business had revenue of $278.65 million for the quarter, compared to the consensus estimate of $259.90 million. CBIZ had a net margin of 7.66% and a return on equity of 13.61%. As a group, analysts anticipate that CBIZ, Inc. will post 1.62 earnings per share for the current fiscal year.
Separately, Zacks Investment Research raised shares of CBIZ from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Thursday, September 16th.
CBIZ, Inc engages in the provision of financial, insurance, and advisory services. It operates through the following segments: Financial Services, Benefits and Insurance Services, National Practices, and Corporate and Other. The Financial Services segment offers accounting, tax, government health care consulting, financial advisory, valuation, and risk advisory services.
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