Cbiz Inc’s stock (CBZ) continues to rise above its goal

A share price of Cbiz Inc [CBZ] is currently trading at $76.00, up 1.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The CBZ shares have gain 2.30% over the last week, with a monthly amount glided 8.03%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 12, March 2024, Sidoti Events, LLC’s Virtual March Small-Cap Conference. In a post published today on Yahoo Finance, Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com

From an analyst’s perspective:

Cbiz Inc [NYSE: CBZ] stock has seen the most recent analyst activity on January 02, 2024, when Sidoti downgraded its rating to a Neutral. Previously, Sidoti upgraded its rating to Buy on October 30, 2023, and kept the price target unchanged to $63. On September 05, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $58 on the stock. CJS Securities upgraded its rating to a Market Outperform. William Blair initiated its recommendation with a Outperform. In a note dated March 15, 2016, First Analysis Sec upgraded an Equal-Weight rating on this stock but restated the target price of $9.50.

Cbiz Inc experienced fluctuations in its stock price throughout the past year between $46.30 and $77.90. Cbiz Inc [NYSE: CBZ] shares were valued at $76.00 at the most recent close of the market.

Analyzing the CBZ fundamentals

Trailing Twelve Months sales for Cbiz Inc [NYSE:CBZ] were 1.59B which represents 11.02% growth. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.15 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 75.26 points at the first support level, and at 74.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 76.56, and for the 2nd resistance point, it is at 77.11.

Cbiz Inc [CBZ] reported earnings per share of -$0.26 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.27/share, meaning a difference of $0.01 and a surprise factor of 3.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.67 per share as compared to estimates of $0.59 per share, a difference of $0.08 representing a surprise of 13.60%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Cbiz Inc [NYSE:CBZ] is 1.20. On the other hand, the Quick Ratio is 1.20, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.39, the price to book ratio is 4.78 and price to earnings (TTM) ratio is 31.84.

Transactions by insiders

Recent insider trading involved GROVE WARE H, C.F.O., that happened on Nov 24 ’23 when 100.0 shares were sold. C.F.O., GROVE WARE H completed a deal on Nov 22 ’23 to sell 6849.0 shares. Meanwhile, C.F.O. GROVE WARE H sold 1159.0 shares on Nov 07 ’23.

Related Posts