Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for CBIZ Inc (NYSE: CBZ) weakened in recent days. CBZ's current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
CBIZ Inc (NYSE: CBZ) stock rose modestly by 1.0% on 10/18/24. The stock closed at $67.99. However, trading volume in this advance was below average at 81% of normal. The stock has performed in line with the market over the last nine months and has risen 6.6% during the last week.
Current PriceTarget Research Rating
CBZ is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
CBIZ has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR's two proprietary measures of a stock's attractiveness. CBIZ has a slightly negative Appreciation Score of 32 and a neutral Power Rating of 52, leading to the Negative Value Trend Rating.