CBIZ (NYSE:CBZ – Get Free Report) issued its quarterly earnings results on Monday. The business services provider reported $1.21 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.07), FiscalAI reports. The business had revenue of $702.24 million for the quarter, compared to analyst estimates of $727.08 million. CBIZ had a return on equity of 12.33% and a net margin of 4.73%. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 EPS.
CBIZ Trading Up 0.1%
NYSE:CBZ opened at $54.84 on Tuesday. CBIZ has a fifty-two week low of $24.29 and a fifty-two week high of $56.41. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market capitalization of $2.98 billion, a PE ratio of 25.62, a price-to-earnings-growth ratio of 1.31 and a beta of 0.91. The business’s 50-day simple moving average is $54.69 and its 200-day simple moving average is $42.08.
Key Stories Impacting CBIZ
Here are the key news stories impacting CBIZ this week:
- Positive Sentiment: CBIZ reported third-quarter adjusted diluted EPS of $1.21, up 14.2% year over year, while net income increased 56.7% to $47.2 million. Adjusted EBITDA rose 6.3% to $131.9 million, and GAAP EPS increased to $0.79 from $0.48. CBIZ Reports Third-Quarter and Nine Months Ended September 30, 2026 Financial Results
- Positive Sentiment: The company’s proposed acquisition by Grant Thornton, backed by New Mountain Capital, values CBIZ at approximately $5.0 billion, or $55.00 per share in cash. The transaction is expected to close in the fourth quarter of 2026, subject to shareholder and regulatory approvals, creating potential downside support near the offer price. CBIZ Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026
- Neutral Sentiment: Nine-month results remained solid: revenue rose 0.8% to $2.23 billion, GAAP EPS increased 18.3% to $3.62, and operating and free cash flow improved by $98 million and $91 million, respectively. However, nine-month adjusted EBITDA declined 1.2%.
- Negative Sentiment: Third-quarter adjusted EPS of $1.21 missed the $1.28 analyst consensus, while revenue of $702.2 million fell short of the $727.1 million estimate. Revenue grew only 1.2% year over year, signaling limited top-line momentum. CBIZ Lags Q3 Earnings and Revenue Estimates
- Negative Sentiment: CBIZ withdrew full-year 2026 guidance and will not hold a third-quarter earnings call because of the pending transaction, reducing visibility into standalone operations and potentially limiting near-term upside beyond the $55 offer price.
Analyst Upgrades and Downgrades
CBZ has been the subject of a number of analyst reports. Barrington Research lowered shares of CBIZ from an “outperform” rating to a “hold” rating in a report on Wednesday, September 16th. William Blair cut shares of CBIZ from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 23rd. Weiss Ratings raised CBIZ from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. CJS Securities lowered CBIZ from a “market outperform” rating to a “market perform” rating and set a $55.00 price target on the stock. in a research report on Thursday, July 30th. Finally, US Capital Advisors set a $55.00 price objective on CBIZ in a research note on Thursday, July 30th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $44.50.
Check Out Our Latest Report on CBZ
Institutional Investors Weigh In On CBIZ
Several institutional investors and hedge funds have recently added to or reduced their stakes in CBZ. BlackRock Inc. bought a new position in shares of CBIZ during the 2nd quarter worth approximately $159,495,000. Basswood Capital Management L.L.C. acquired a new position in shares of CBIZ in the second quarter valued at approximately $14,476,000. Bank of America Corp DE bought a new position in shares of CBIZ during the second quarter worth approximately $7,194,000. Bank of New York Mellon Corp bought a new position in shares of CBIZ during the second quarter worth approximately $6,051,000. Finally, Corient Private Wealth LP acquired a new stake in CBIZ during the 2nd quarter worth approximately $5,385,000. 87.44% of the stock is owned by institutional investors.
About CBIZ
CBIZ, Inc was a provider of accounting, tax, advisory, insurance brokerage and employee benefits services for businesses, individuals and public-sector organizations. Its offerings included audit and assurance, tax planning and compliance, financial and strategic consulting, risk management, commercial insurance, retirement plan services and employee benefit solutions.
Founded in 1996 and headquartered in Cleveland, Ohio, CBIZ grew through a combination of organic expansion and acquisitions.
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