CBIZ Inc (NYSE: CBZ) has reported earnings for its third fiscal quarter (ending September 30) of $0.70 versus $0.68 for the same period a year ago — an increase of 3%. For the latest four quarters through September 30, E.P.S. were $2.38 versus $2.44 for the same period a year ago — a decline of -2%.
Recent Price Action
On 10/29/24, CBIZ Inc (NYSE: CBZ) stock enjoyed a very large increase of 6.3%, closing at $71.07. Moreover, exceptionally high trading volume at 218% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 6.5% 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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. CBIZ has a slightly negative Appreciation Score of 32 and a neutral Power Rating of 51, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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